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Prince's Former Manager Lists Renovated Los Angeles Home for Nearly $5 Million
Sentiment: NeutralMedium Priority
What Happened?
Bob Cavallo, former manager of Prince, has renovated a Nichols Canyon home he bought for $2.75 million and is now asking nearly $5 million. The property features extensive updates while retaining its original character.
Key points
- Bob Cavallo purchased the Nichols Canyon home for $2.75 million in March 2026.
- The home spans 3,762 square feet and includes four bedrooms.
- Cavallo and renovation specialist Angie Williams undertook a complete renovation, focusing on modernizing the interiors while preserving the original Mediterranean design.
- An old dumbwaiter shaft was converted into an elevator to improve accessibility.
- The exterior was re-stuccoed, and the roof was replaced to ensure long-term durability.
- Cavallo initially bought the home for a family member but decided to renovate and sell it instead.
Key insights
- Cavallo's renovation approach may influence other luxury home projects in Los Angeles.
- The addition of an elevator addresses accessibility concerns, which could appeal to a broader range of buyers.
- The extensive updates signal a serious investment, potentially attracting buyers wary of superficial renovations.
Why it matters
The renovation reflects a trend in the luxury real estate market where buyers prefer homes that combine style with functional improvements.
Tags
Entities
Bob Cavallo· PersonPrince· PersonLos Angeles· CityNichols Canyon· LocationMansion Global· Organization
Source
Times of India
