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Exclusive: Matthew
Perry’s Hollywood Home Has Price Slashed by $500K—11 Months After His Shock
Death
Sep 16, 2024
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Late actor Matthew Perry‘s Hollywood Hills home has
had its price slashed by $495,000 as it continues to linger on the market 11
months after the beloved “Friends” star’s shock death.
The
property, which is understood to have been purchased by Perry for
$4,995,000 in May 2023, was originally listed in May of this year for
$5,195,000. However, after spending four months on the market without
attracting a buyer, that asking price was discounted by a little under half a
million dollars.
Perry,
who died in October 2023 at his home in nearby Pacific Palisades, is
thought to have never actually lived in the Hollywood Hills property, although
it may be that its tie to the late actor and his tragic death has cast
something of a shadow over the home.
Described
as a “sleek mid-century treasure,” the house was was built in 1957 and offers
three bedrooms (although one has been converted into a screening room), 3.5
bathrooms, and a stunning outdoor space with a swimming pool and a fire pit.
(Charles Sykes/Bravo/NBCU)
(Realtor.com)
(Realtor.com)
(Realtor.com)
The home is understood to have been the last property Perry purchased before his death at the age of 54; however, he made several impressive real estate buys in the years leading up to his passing.
In 2020, Perry purchased his Pacific Palisades home for $6 million. It was here where the actor’s body was found face down in a Jacuzzi, with the official autopsy report later revealing that he had died of “acute effects of ketamine” and subsequent drowning.
Five defendants, including two doctors, have since been charged in connection with Perry’s death and one, Jasveen Sangha, is due to stand trial in March 2025, having pled not guilty to her charges.
Perry’s Pacific Palisades property remains off the market, according to Realtor.com®.
During his ownership, the “Friends” star is thought to have made several updates to the home, including the addition of a raised pool overlooking the ocean.
The same month Perry closed on that property, he listed his Malibu beach house for a staggering $14.95 million, although he ultimately ended up selling the home for $13.1 million in January 2021, having slashed the price two times in an attempt to find a buyer.
(Realtor.com)
(Realtor.com)
(Realtor.com)
Later in 2021, he sold his 9,300-square-foot “mansion in the sky” penthouse in Los Angeles for $21.6 million, a significant discount from its initial $35 million price tag—but still more than the $20 million he paid for it in 2017.
It was also reported one month after Perry’s death that the actor had been renting a Beverly Hills home for $49,000 a month while his Pacific Palisades home underwent renovations.
According to DailyMail.com, he was sharing the three-bedroom home with his longtime assistant Kenny Iwamasa, who is one of the five people charged in connection with Perry’s death.
Iwamasa pleaded guilty Aug. 7 to one count of conspiracy to distribute ketamine causing death and now faces up to 15 years in prison.
Perry’s passing sent shockwaves throughout the entertainment industry and prompted a public outpouring of grief, particularly from his “Friends” co-stars, with whom he had reunited on-screen just two years prior in what would prove to be his final TV appearance.
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