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Leo DiCaprio Lists 1930s Ranch-Style House in Studio City

SELLER: Leo DiCaprio
LOCATION: Studio City, CA
PRICE: $2,395,000
SIZE: 3,407 square feet, 4 bedrooms, 3 bathrooms

YOUR MAMA’S NOTES: Leo DiCaprio is clearly in the mood to lighten his real estate load. Just a week after he put a beachfront house on Malibu’s swankified Carbon Beach up for sale with an asking price of $10.95 million and, amid recent reports of his social and professional ties to several jet setting financiers involved in a multi-billion dollar Malaysian fraud scheme, he listed a far more modest home he owns in the popular Colfax Meadows neighborhood in Studio City with an asking price of $2.395 million. Mister DiCaprio purchased the San Fernando Valley house in March 2014 for $2.05 million from his cousin and business associate Robert Hrtica who, according to property records, acquired the property in late 2004 for $1.585 million.

The unassuming but comfortably spacious 3,407-square-foot residence, on just over one-third of an acre with four bedrooms and three bathrooms, was built in 1937 and is rather hyperbolically described in listing details as a “vintage California Ranch” of “grand distinction” that “celebrates 1930s historic architecture” and “lives in divine harmony with its organic setting.” The interiors, flooded with “transcendent light” through double-pane windows per listing descriptions, sport a vexatious and, by this property gossip’s utterly meaningless opinion, disharmonious variety of flooring options. Narrow gauge bamboo floors in the adjoining formal living and dining rooms, the former with fireplace and multi-paned glass doors that open to the front porch, switch to bizarrely green-stained parquet in the family room, which has a second fireplace and a long bank of French doors to the backyard, and then switch again to a classy herringbone pattern in the eat-in kitchen that features a vaulted ceiling with exposed wood beams, flannel grey granite counter tops on white cabinets and an up-to-date array of stainless steel designer appliances. The backyard is fully privatized with high hedges and a line of mature shade trees and incorporates red brick terracing, a vine-laden pergola for shaded lounging and al fresco dining, a swimming pool, and a generous sweep of lawn.

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Once the 2016 Oscar winner (“The Revenant”), who reportedly earns upwards of $25 million per film, dumps the two Los Angeles homes he currently has up for sale he’ll still preside over an extensive and no-doubt expensive to maintain portfolio of residential properties. In addition to Spanish-style house tucked up in the hills of L.A.’s boho-trendy Silver Lake area and two side-by-side homes in the celeb-saturated Bird Streets ‘hood high above the Sunset Strip, Mister DiCaprio additionally owns a stunning mid-century modern in Palms Springs he picked up in early 2014 for $5.23 million. He additionally owns three luxury condos in New York City, a 3,663-square-foot loft-style unit in an eco-conscious Greenwich Village building he snatched up in May 2014 for $10 million and two units in a behemoth Battery Park complex, the first scooped up in October 2008 for $3.6 million and the other in January 2014 for $8 million.

Listing photos: Wish Sotheby’s International Realty

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