Friday, May 2, 2014

Robert Downey Jr. Adds to L.A. Property Portfolio.

BUYER: Robert Downey, Jr.
LOCATION: Pacific Palisades, CA
PRICE: $2.5 million
SIZE: 1,950 square feet, 4 bedrooms, 2 bathrooms

YOUR MAMAS NOTES: Although he needs another multi-million dollar residence in Los Angeles area like he needs an angry swarm of bees in his toothpaste, two-time Oscar nominated actor Robert Downey, Jr. has none-the-less shelled out exactly $2.5 million for a picket-fenced and high-hedged ranch-style house in the low-key but high-priced Huntington Palisades 'hood of Pacific Palisades, CA.

This property gossip don't know a shovel from a chaise lounge but the house, expensive by almost any standard but, perhaps, a bit modest for a man of Mister Downey Jr's standards and entertainment industry status, was probably acquired to house staff, friends and/or family. The corner property sits about as close to what amounts to downtown Pacific Palisades as a house can sit and listing details show the angled, single-story abode, originally built in 1947, is currently configured with four bedrooms and two bathrooms in 1,950 square feet.

Well-maintained hardwood floors run throughout the open concept main living space that includes a living room with fireplace and floor-to-ceiling windows that overlook the backyard. The adjoining dining area is separated from the kitchen by a short snack peninsula, a double-wide, all-white galley-style situation with raised panel cabinets, white ceramic tile counter tops and higher-grade stainless still counter tops. The wood floors continue into all four bedrooms and both bathrooms appear to have been fairly recently remodeled, the larger with tile floors, a free-standing soaking tub and separate, glass enclosed shower stall.

A detached two-car garage was fitted and kitted by the seller as a recording studio. Frankly, we'd prefer a protected place to park our car but Your Mama can't sing a note or play any sort of instrument so a recording studio would be pretty useless to us. Anyways, that's neither here nor there since we're not the buyers of this property that includes a landscaped garden that wraps around the front of the house and a somewhat squeezy backyard with a concrete terrace that runs the width of the back of the house, a wee patch of grass, and a dark(er) bottom ozone pool with inset spa.

Mister Downey Jr.'s personal property portfolio of residential real estate also includes a contemporary crib in Rustic Canyon—between Pac Pal and Santa Monica—quietly picked up in early 2012 for 3.625 million and a seven-plus acre ocean view compound in Malibu with extensive equestrian facilities (picked up in September 2009 for $13.444 million. In the last several years he's purchased at least two properties on Venice Beach's busy and ever-so-trendy Abbott Kinney, a large and modern, live-work residence picked up in September 2009 for $5.6 million and a smaller and also modern three-story live-work-type townhouse snagged in late 2013 for $3 million. Yolanda swears Mister Downey Jr. also owns a shingled contemporary in The Hill section of affluent Manhattan Beach quietly purchased in July 2011 for $1.92 million and property records do show it connects back to one of his Venice Beach properties.

listing photos: Pardee Properties

1 comment:

Jorg Bobsin said...

Want to know the exact address and location? Go to: