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Once upon a time, in a charming enclave in Southern California’s San Fernando Valley known as Chandler Estates, lived the music mogul Irving Domingo Lorenzo Jr.
While you might not recognize his given name, the man also known as Irv Gotti has produced hits for the likes of Ashanti, Jennifer Lopez, Ja Rule, and Jay-Z.
But Gotti’s reign in a gleaming white house at the end of a quiet cul-de-sac in Sherman Oaks, CA, is about to come to an end. He’s selling his five-bedroom, five-bathroom home for $1,849,000—and it looks like a deal is in place.
Gotti purchased the house in 2016 for $1,425,000, and then put it on the market as a luxury rental in 2019 at the rate of $12,500 per month.
“There truly haven’t been many five-bedroom, turnkey homes with a pool available for under $2 million this year,” says the listing agent, Michelle Schwartz of The Agency. “This property is a rare find. It’s situated in a quiet pocket at the end of a family-friendly cul-de-sac. It also offers immense natural light and vaulted ceilings.”
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That’s not all it has to offer.
Situated as it is on a large lot, it’s extremely discreet from the street, with precious little curb exposure. That affords the owners plenty of privacy. It’s also equipped with state-of-the-art security cameras and an alarm system to ensure that privacy isn’t breached.
Inside, you’ll find gleaming finishes in every room—quartz and sparkling white tile abound.
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Geometric white balcony railings add a touch of flair to the front exterior.
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The balcony is accessed from the spacious primary suite, which also features a large walk-in closet and a relaxing bath with a steam shower.
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Glass doors off the expansive living room open up to a backyard with an abundance of greenery. The lush vegetation surrounds a pool and elevated spa with a waterfall feature, for ultimate relaxation after a hard day at work producing hit music.
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Gotti, 50, is the CEO and co-founder of the record label Murder Inc.
Most recently, he produced the single “Brothers” for Kanye West with Charlie Wilson, and created the BET anthology series “Tales,” which is currently in its third season.
The post Music Mogul Irv Gotti Close to a Sale of His $1.85M Sherman Oaks Home appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/irv-gotti-selling-sherman-oaks-home/
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