Leonardo DiCaprio Gets $10 Million For Oceanfront Malibu Beach House

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Movie star extraordinaire Leonardo DiCaprio simply closed a big deal on a seashore home in Malibu, as reported by TMZ. And in case you have been in any respect frightened about Leo’s contact in the actual property world, he managed to show a really respectable revenue on a property that the actor had owned for properly over 20 years within the course of.

The house is definitely considerably modestly sized, measuring in at simply 1,700 sq. toes and solely three bedrooms and two loos. After all, it is sitting on a first-rate piece of Carbon Beach land proper on the water and was even offered totally furnished, however it’s nonetheless somewhat stunning that such a property offered for a grand whole of $10.3 million – particularly when you think about that DiCaprio bought the home again in 1998 for simply $1.6 million.

Right here was the house’s no-nonsense actual property itemizing:

“Greatest home, giant decks, and greatest value on CARBON BEACH! Get pleasure from this getaway all 12 months spherical. Massive ocean entrance deck, with personal spa, and steps to the sand. Superbly furnished 3 bed room heat and welcoming seashore dwelling you will not need to go away. New higher deck, and exterior lighting on the ocean facet. Entrance stairs and facet stairs to the sand. All refurbished interiors.”

The $10.3 million closing value was reportedly $300,000 above DiCaprio’s asking value, so he clearly got here out very properly within the deal. Earlier than this, he had been renting the place out for a reported $25,000 monthly.

The sale of this seashore home does not imply that DiCaprio is leaving Malbu. Removed from it, as he’s reported to have not too long ago bought one other dwelling there (that one for just below $14 million) and one other Malibu vacant lot that he paid $23 million for.

You’ll be able to check out DiCaprio’s not too long ago offered Malibu seashore home within the video under, from Companions Belief Los Angeles Actual Property:


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