Josh Flagg has added one other property to his actual property portfolio after asserting his divorce from husband Bobby Boyd.
The “Million Greenback Itemizing Los Angeles” star and celeb dealer, 36, purchased a well-known manse within the coveted Flats neighborhood of Beverly Hills with an asking value of $9,200,000.
The house was scored in an off-market transaction and bought in a belief owned by Flagg, he confirms to Web page Six.
Property information point out the house on North Bedford Drive as soon as belonged to esteemed inside designer Barbara Lockhart and her deceased husband, Herman Blackman.
The property — which closed Tuesday — spans greater than 7,100 sq. toes with seven bedrooms, 8 loos and boasts chauffeur’s quarters and a three-car storage.
The 1926 Italian villa is thought amongst native residents for the large star hanging above the entrance courtyard fountain.
In a press release offered to Web page Six and first reported by TMZ, Flagg mentioned that his separation from Boyd — a Versace and Calvin Klein model-turned-real property dealer — didn’t affect his determination.
“Simply because Bobby and I will probably be getting divorced, that doesn’t imply life stops. Enterprise continues as regular,” he defined.
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“I’ve had my eye on this dwelling since I used to be just a little boy,” he mentioned. “It has not been in the marketplace in near 60 years. It was really an opportune time as a result of a 12 months in the past when it was dropped at my consideration that the homeowners could contemplate promoting, I used to be midway by way of renovations on one other home that I had employed and fired three contractors, architects, and fought with the town [of Beverly Hills] for shut to 2 years to construct what I wished.”
Flagg added, “However when this got here throughout my desk, I finished all the things and was instantly decided to get this dwelling. It’s at all times been my favourite dwelling within the [Beverly Hills] Flats.”
The LA native advised us that he had been “primarily aggressively courting the homeowners” to promote him the home for years and was grateful to lastly have a breakthrough.
“When you push and push exhausting sufficient, ultimately I discover that you simply get what you need,” he mentioned.
Flagg, recognized for his lavish dinner events, will seemingly be entertaining such shut associates as LA mayoral candidate Rick Caruso, Melissa Rivers, socialite Nikki Haskel, Sweet Spelling and daughter Tori Spelling and Paula Abdul on the new home.
The star-studded firm ought to assist as he navigates a brand new life with out Boyd, whom he wed in 2017.
“Bobby and I are divorcing,” Flagg wrote partially by way of Instagram on March 4, moments after Web page Six solely revealed the breakup.
“This may sound abrupt however I felt I ought to be clear from the highest slightly than bury the headline. This was not a rash or impulsive determination. We’ve been very considerate earlier than coming to this conclusion. It was not an absence of affection however slightly the 2 of us rising in numerous instructions and wanting very various things for ourselves. I care deeply about Bobby and don’t have anything however love and respect for him. I would like how we separate from one another to symbolize that.”
Flagg, who has been dwelling on the Beverly Hills Resort for the previous few months, shared renderings of designs for the rebuild of the brand new Bedford home with us. He’s collaborating with star architect William Hefner on the undertaking that can price roughly $7 million.
Earlier this 12 months, Flagg made headlines when he left Rodeo Realty and moved to Douglas Elliman.
Flagg comes from an esteemed Los Angeles household. Son of Michael Flagg and Cindy Platt Flagg, his late grandmother Edith Flagg was most notable for bringing polyester to the USA in 1967 and later securing a monopoly on the material.
In the meantime, Josh runs his charitable basis in addition to his profitable actual property enterprise.
