Josh Flagg is near including a brand new property to his ever-growing actual property portfolio … TMZ has realized he is near scooping up Charlie Puth’s $14 million Beverly Hills pad.
Sources conversant in the state of affairs inform TMZ … The “Million Dollar Listing Los Angeles” star is underneath contract to buy the singer-songwriter’s 5-bedroom, 4-bathroom abode … positioned within the rich Trousdale Estates neighborhood.
The actual property investor is near nabbing this scorching property underneath the radar, as we’re advised the deal is an off-market transaction. Although, it’s presently unclear what Josh supplied to pay Charlie for the residence.
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Charlie purchased the house from famed American photographer Matthew Rolston in 2017 for $9 million. The house was beforehand listed for $17 million … however got here all the way down to $14 million when it was final available on the market in Could 2024.
So, we’ve got a sense Josh scored himself a deal right here.
The manse is actually well worth the hefty price ticket, too. The mid-century pad — initially designed in 1965 by legendary L.A. architect, Rex Lotery — has had severe work put into it through the years.
But, it is legacy because the social hub for Beverly Hills’ elite makes the property much more alluring. The house as soon as hosted Ronald Reagan’s “kitchen cabinet” — AKA the late prez’s closest confidants. The house was additionally as soon as owned by “Tonight Show” producer Freddy de Cordova and his spouse, Janet de Cordova.
This isn’t Josh’s first large actual property transfer. In March 2022, he scooped up a 7,100-sq-ft. Beverly Hills mansion for $9.2 million. Information present he nonetheless owns the property.
In June 2023, he made headlines once more when he expanded his investments to incorporate a house on Miami’s unique North Bay Highway.
We’re advised Josh and his dad, Michael Flagg, who was president of the extremely profitable household owned ladies’s style label, Edith Flagg (named after Josh Flagg’s businesswoman and philanthropist grandmother) are exploring a number of properties in New York, too … so his actual property portfolio might very simply broaden once more quickly.
Josh is conserving his standing as a high actual property shark very a lot alive!!!
