Rhianna lists water-damaged mansion at US$2.5 million loss
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Pop star Rhianna has listed her water-damaged Beverly Hills mansion at a US$2.5 million loss. The Barbados-born singer says the building was poorly constructed and leaked in even the lightest rain and has launched a lawsuit against the property developer, claiming construction was flawed.
Rhianna, whose real names is Robyn Rhianna Fenty, bought the house in 2009 for US$6.9 million when it was in far better condition and is prepared to accept US$4.5 million for it now.
It is listed through Coldwell Banker agent John Woodward in conjuction with Rodeo Realty agent John Galich, who make no bones about its current condition.
"MAJOR fixer with EXTENSIVE water intrusion from (but not limited to) roof, windows, doors and balconies. There is EXTENSIVE damage from moisture AND water intrusion. Also encroachment issues and other problems. The home is being sold strictly AS-IS and will be subject to a short-sale. Seller will consider all offers. PROPERTY WILL NOT QUALIFY FOR BANK FINANCING," says the marketing information.
The 3,484-square-metre property includes canyon and city views, a pool and spa (both now empty), eight bedrooms, 10 bathrooms and high ceilings.
