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 movie star 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 data 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 bogs 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 supplied to Web page Six and first reported by TMZ, Flagg stated that his separation from Boyd — a Versace and Calvin Klein model-turned-real property dealer — didn’t affect his resolution.
“Simply because Bobby and I shall be getting divorced, that doesn’t imply life stops. Enterprise continues as standard,” he defined.
“I’ve had my eye on this residence since I used to be slightly boy,” he stated. “It has not been available on the market in near 60 years. It was really an opportune time as a result of a yr in the past when it was delivered to my consideration that the homeowners might think about promoting, I used to be midway by 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 needed.”
Flagg added, “However when this got here throughout my desk, I finished all the pieces and was instantly decided to get this residence. It’s at all times been my favourite residence within the [Beverly Hills] Flats.”
The LA native informed us that he had been “basically aggressively courting the homeowners” to promote him the home for years and was grateful to lastly have a breakthrough.
“In the event you push and push exhausting sufficient, ultimately I discover that you just get what you need,” he stated.
Flagg, recognized for his lavish dinner events, will doubtless 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 partly by way of Instagram on March 4, moments after Web page Six solely revealed the breakup.
“This may sound abrupt however I felt I needs to be clear from the highest slightly than bury the headline. This was not a rash or impulsive resolution. We’ve got been very considerate earlier than coming to this conclusion. It was not a scarcity of affection however slightly the 2 of us rising in several 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 signify that.”
Flagg, who has been residing on the Beverly Hills Lodge 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 may price roughly $7 million.
Earlier this yr, 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 america 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.