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Margot Robbie's Hollywood Bungalow Sold for $1.2 Million After Renovation
Sentiment: NeutralMedium Priority
What Happened?
Margot Robbie's renovated Hollywood bungalow, originally purchased for $950,000, sold for $1.2 million in 2021. The 945-square-foot home featured two bedrooms and a tiered garden.
Key points
- Robbie bought the bungalow in February 2018 from Dustin Lance Black for $950,000.
- The property was renovated with updated interiors and a cohesive design.
- Initially listed for rent at $5,000, the rental price was later reduced to $4,200.
- Robbie sold the bungalow in 2021 for approximately $1.2 million, gaining about $250,000.
- The bungalow is notable for its mid-century character and outdoor space.
Key insights
- Robbie's renovation choices reflect a trend towards maximizing small living spaces.
- The bungalow's sale price indicates a strong demand for well-located properties in Los Angeles.
- The success of this sale may encourage other homeowners to invest in renovations.
Why it matters
The sale highlights the potential for smaller homes to be valuable investments in desirable neighborhoods.
Tags
Entities
Margot Robbie· PersonDustin Lance Black· PersonLos Angeles· City
Source
Times of India
