Jennifer Lopez, the New Princess of Bel Air, Expands Her Real Estate Portfolio
Editor Express Daily March 16, 2020 0 COMMENTSThe actress and singer acquires a new house in Los Angeles as she tries to sell another
Struggling to sell one multi-million dollar home currently on the market won’t stop actress and singer Jennifer Lopez from expanding her property collection.
Lopez has reportedly added to her real estate holdings a more than 8 acre estate in Bel-Air anchored by a multi-level mansion. The property, complete with a 30 seat screening room ,a 100 seat amphitheatre and a swimming pool with sandy beach and outdoor shower,was asking about $40 million, but J. Lo managed to make it hers for $28 million.
As the Bronx native acquires a new home in California, she is trying to sell a gated compound in the Golden State. The 17,000-square-foot Hidden Hills property with mountain and city views boasts nine bedrooms, including a master suite with private terrace and an entertainment wing, which includes a 20-seat theater, dance studio, and recording studio.
Lopez bought the property in 2010 with her then-husband and singer Marc Anthony for $ 8.2 Million. She first tried to sell it for $17 million, but unable to find a suitable buyer, she has been forced to cut the price twice in less than a year, to $14.5 million in September and to the current $12.5 million earlier this year. The entertainer also owns a $ 22 million penthouse in Manhattan and a $10 million estate in the Hamptons.
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