The Dubrows are selling their Beverly Hills House?
I guess the renovation was too much for them?
https://www.redfin.com/CA/Beverly-Hills/1501-Tower-Grove-Dr-90210/home/6823845
The Josh's have the listing together. I'm surprised it's not all over their Insta's but very quietly listed. Likely at the request of Heather whose ego may be a bit bruised. I had heard the price to do what they wanted was spiraling out of control so it looks like they decided to give up on it. Renovating an existing mansion in the Hills of LA is very different than building ground up new construction in a master planned gated community like they'd done in OC. I have a feeling the budget, red tape and possibly the fires ended their dream to do this. The area itself is very fire prone which may have concerned them but also the cost to secure top notch contractors is way up just because so many people will be building all at once.
Interestingly, the Chinese buyer who bought their Newport mansion also bought Mark Wahlberg's Beverly Park mansion. The purchases were $55m each! Whoever that Asian buyer is recently listed Mark Wahlberg's former property. I wonder if Chateau Dubrow will be back up for sale shortly?
Yes, I can do math and see they are asking $9mm more than they paid--- but I doubt they get near that. The property was on the market for years when they bought it and having done very little to it it's still a major fixer. Someone will likely negotiate off millions and between the mansion tax, carrying costs, closing fees and commissions.... they'll honestly be lucky to break even. Maybe they'll get lucky and get a high price, but I doubt it given the market and the inventory of multi-acre trophy building sites like this that are on the market as well as fully done estates presently. This is a tough sell.