Dwayne The Rock Johnson's New Beverly Hills Mansion

one of the most recognizable and richest actors of all time is dwayne the rock johnson so with all that cash what's a great investment real estate the former wwe superstar and potential presidential candidate has recently purchased a mansion in an exclusive neighborhood within beverly hills and it's worth a fortune today we're going to look at this amazing californian abode we'll see its history and who owned it previously plus we'll examine all the facts and features the walls contain we'll even explore the expensive community such as the famous faces that have also bought properties around the brahma bowl so let's get started located within the mountains above beverly hills los angeles is the guarded neighborhood of beverly park in april 2021 news broke that dwayne johnson purchased a mansion in this exclusive community after all the rock has an estimated net worth of 400 million dollars the 3.67 acre estate was originally built in 1993 for legendary drummer and co-founder of the band van halen alex van halen he purchased underdeveloped land before spending millions to have the mansion created the mediterranean-style property was designed by architect grant kirkpatrick during 1998 the abode was sold to comedian and actor paul reiser seemingly he fell in love with the area after appearing in the beverly hills cop film franchise during the 80s he spent around 6 million dollars on the compound at the time which is nearly 9.8 million dollars today but after 23 years reiser decided to sell the property in january 2021. 2021 originally he set an asking price of around 30 million dollars yet johnson came in and got a slight reduction as he paid 27.8 million dollars the main mansion itself is 15 130 square feet in size while the detached guest house or staff quarters is contained within 2500 square feet giving us a total of 17 630 square feet the rock may have to splash out on future property tax as well as considering it cost 117 359 dollars for 2020 alone altogether the estate has six bedrooms some of which have access to their own private balconies in order to take in those canyon views there's also 11 and a half bathrooms altogether one of the listings described the property as a complete resort which is pretty accurate considering the extra features within firstly the extras inside since the rock comes from a sporting background having a good gym is required while he does have the mobile iron paradise this mansion also has a world-class gym installed according to experts just building a gym can cost up to 30 thousand dollars and that's not taking into account all of the equipment needed considering johnson's gym passion at the beverly park version will likely be decked out with top of the range equipment another plus is the luxury home theater the art deco fixtures and wood paneling give the impression of it being built during the golden age of hollywood this feature will be pretty useful to johnson considering he's one of the most expensive actors in the world according to home theater installers the cost of creating a luxury cinema can cost upwards of 55 000 but can easily go into the hundreds of thousands with certain equipment or features such as a high quality projector like the meridian 810 reference video system upon its release in 2008 it was being sold for 185 000 since the property was created for a rock star there's of course a music studio on site since the rock has dabbled in music from his wwe days and his role in moana he too might find use for it according to experts if looking to create a professional studio with equipment at home it can cost between 165 000 to 1.1 million dollars due to its size the house also has a home elevator depending on the type and size prices of installing an elevator can vary from ten thousand dollars to forty thousand dollars the house also hosts two swimming pools one indoors and the other outdoors the indoor is a narrow lap pool wooden beams hang from the ceilings with mint green walls on average lap pools can cost between forty thousand and sixty five thousand dollars since it's indoors it'll likely be on the higher end if not more as indoor pools can cost as much as two hundred thousand dollars whilst outdoor pools can go as much as five hundred thousand dollars depending on size outside within the tuscan inspired grounds and many olive trees is a tennis court for further sporting action depending on materials used and size a court can cost on average between forty five thousand to one hundred thousand dollars the grounds also feature a baseball diamond creating a whole baseball field can start from fifteen thousand bucks but for the more ambitious they can leap into the millions famous for having no sidewalk beverly park has had a number of dramas over the years the neighborhood is actually formed of a north and south section which has led to issues in the past during 2008 news broke out that the north homeowners association began restricting the south access to their gate a couple years prior the north sent the south a bill of 121 thousand dollars for yearly repairs to the roads it was rejected due to the imposed restrictions as such the bill was increased to 128 thousand dollars so the two factions went to court over it famous defendants were on both sides at the time for the north denzel washington eddie murphy and more for the south magic johnson samuel l jackson and more after five years the judge ruled the south's favor during 2011. as such the north had to pay them compensation amounting to eight hundred twenty six thousand nine hundred twenty six dollars and thirteen cents another drama happened in 2012 when a fire broke out at the former house of tv personality lisa vanderpump she sold the property the year prior for 18.8 million dollars after purchasing it in 2004 for 14 million the fire was seemingly started by a construction team working at the property whilst the fire only blazed for an hour it resulted in an estimated damage of 1.25 million dollars to the 15 500 square foot home during 2017 beverly park had the highest mean household income throughout the whole of la at five hundred and two thousand four hundred forty dollars second place the hill section of manhattan beach was far behind at three hundred ninety nine thousand eight hundred twenty dollars while back in 2013 beverly park had an average house price of around 24 million bucks with the average home size of 20 000 square feet one of the rock's current neighbors is sophia vergara and her husband joe manganiello the acting couple purchased a 17 000 square foot mansion on nearly two acres of land in june 2020. previous owners include baseball legend barry bonds who lived there from 2002 when he paid 8.7 million he sold it during 2014 at a big profit of 22 million bucks built in 1999 the property has seven bedrooms and ten and a half bathrooms spread between the main house and a guest house the tuscan style estate even features a grecian inspired pool with a cabana there's also a sports court an art deco inspired wet bar a home theater a gym an elevator a chef's kitchen and more the house had been on the market since october 2019 with no takers in the end the actors spent 26 million dollars on their new mansion other recent famous faces to move in justin bieber with his new wife hayley baldwin in september 2020 they purchased a 2.5 acre estate with a mansion amounting to 11 145 square feet altogether the house contains 7 bedrooms and 10 bathrooms the master suite even has its own living room with a patio while the spa style ensuite has a chandelier over the tub other features include a gym home cinema a tennis court an infinity swimming pool outdoor fireplace with a barbecue and pizza oven a wine cellar a koi pond and more the house was originally built back in 1988 in 2015 the estate was bought for 16.5 million by property developer danny lubert who then spent the next couple of years remodeling it in 2018 it was placed on the market for an eye-watering 42 million dollars in the end bieber and baldwin bought the house for a vastly reduced 25.8 million dollars here's our final fact finish the most expensive city in the world to rent from is hong kong during 2019 for a two bedroom apartment the average rent in the area was 3685 dollars per month while for the us the title of priciest rental area belongs to san francisco with an average slightly less than 3631 per month thanks for joining us today we'll see you next time [Music] you

Channel: TheRichest

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Keywords: Beverly Hills, Beverly Park, City Rent, Dwayne Johnson, Facts Features, Hailey Baldwin, Hong Kong, House Mansion, Joe Manganiello, Justin Beiber, Most Expensive, Samuel L Jackson, Sofia Vergara, The Rock, Van Halen, therichest, the richest

Id: lwg1du8tWFs

Length: 8min 58sec (538 seconds)

Published: Fri Apr 30 2021