{"id":3723594,"date":"2018-05-21T10:09:06","date_gmt":"2018-05-21T14:09:06","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3723594"},"modified":"2018-05-21T10:09:06","modified_gmt":"2018-05-21T14:09:06","slug":"house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/","title":{"rendered":"House Flipping Hollywood Style \u2014 Serial Investor, Leo DiCaprio Buys Moby\u2019s Transformed Home"},"content":{"rendered":"<p>It\u2019s official \u2014 the fab and famous are <a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/when-celebs-flip-homes-the-profits-are-almost-as-big-as-their-egos\/\" target=\"_blank\">house flipping crazy<\/a>! The latest celeb turned home improvement specialist is DJ\/producer Moby who has just sold his LA Area\/Los Felix flip to serial real estate investor Leonardo DiCaprio for $4.9 million.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>According to the deed filed with the county and accessed on Property Shark, Mr. DiCaprio closed on the home in March using a trust. He has numerous high-end properties, most of which are rented out, in the Los Angeles area. Seller Moby took two years to rehab the 4,644-square-foot,<span class=\"Apple-converted-space\">\u00a0<\/span>1920\u2019s manor-style home which is referred by listing agents, Patrick Martin and Gwen Banta of Sotheby\u2019s International Realty as<a href=\"https:\/\/www.sothebyshomes.com\/Los-Angeles-Real-Estate\/sales\/0309292\" target=\"_blank\"> \u201cMoby\u2019s Los Feliz Masterpiece.\u201d<\/a>\u00a0The rehab, while well done, is nothing spectacular. White walls, a white kitchen and light wood flooring are offset by stonework and bean pool outside. The property sits on a quarter-acre lot in<span class=\"Apple-converted-space\">\u00a0<\/span>hillside neighborhood of Central L.A. behind a thicket of trees and hedges.<\/p>\n<figure id=\"attachment_3723787\" aria-describedby=\"caption-attachment-3723787\" style=\"width: 1050px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-3723787\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio3.jpg\" alt=\"Courtesy www.sothebyshomes.com\" width=\"1050\" height=\"700\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio3.jpg 1050w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio3-300x200.jpg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio3-1024x683.jpg 1024w\" sizes=\"(max-width: 1050px) 100vw, 1050px\" \/><figcaption id=\"caption-attachment-3723787\" class=\"wp-caption-text\">Courtesy www.sothebyshomes.com<\/figcaption><\/figure>\n<p>DiCaprio has proven to be a voracious real estate investor and his properties range from high-end New York condos to suburban LA area family homes. The property was on the market for only a few weeks when he snapped it up in March. Moby paid $3.4 million for it two year prior. According to the <a href=\"https:\/\/www.latimes.com\/business\/realestate\/hot-property\/la-fi-hotprop-leonardo-dicaprio-moby-house-20180427-story.html\" target=\"_blank\">Los Angeles Times<\/a>, the actor purchased the home for a family member and won\u2019t be living there. Lucky family member.<\/p>\n<p>DiCaprio seems to collect homes like he does supermodels\u2019 phone numbers.<span class=\"Apple-converted-space\">\u00a0<\/span>A few of the prized pieces in his property portfolio include a Hollywood Hills compound he purchased in 1994 for $4 million (it\u2019s actually two side-by-side properties, one of which was purchased from Madonna for $2 million) and which he has rented to actor pals.<\/p>\n<p>A beach bungalow was purchased in 1998 for $1,775,000. The modest three-bedroom two-bath home with 1,765 square feet also has a deck, hot tub and views of the Pacific. The actor listed the home in September for $10.95 million before trimming a million off the price and then taking it off the market deciding to use it as a rental.<\/p>\n<p>He also owns a Battery Park condo, which he first purchased in 2008 for $3.67 million and then the unit next door in 2014 for $8 million. &#8220;Riverhouse, One Rockefeller Park,&#8221; 2 River Terrace in Battery Park is a building filled with eco- and health-conscious amenities. Filtered water, air, a yoga studio and more have seen fellow celebs like Tyra Banks and Oliver Stone take up residence.<\/p>\n<p>The 43 year-old A-Lister also has a 7.022 square-foot Palm Springs pad, which he purchased in 2014 for $5.2 million. It\u2019s old-school Hollywood glam: Built in 1964, the six-bedroom, seven-and-a-half bathroom spread had a guesthouse, pool, gym, tennis court and mountain views. It\u2019s currently a vacation rental priced at $3,750\/night.<\/p>\n<figure id=\"attachment_3723788\" aria-describedby=\"caption-attachment-3723788\" style=\"width: 960px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-3723788\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/582a081e691e882a4e8b5d12-960-684.jpg\" alt=\"Courtesy http:\/\/www.businessinsider.com\" width=\"960\" height=\"684\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/582a081e691e882a4e8b5d12-960-684.jpg 960w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/582a081e691e882a4e8b5d12-960-684-300x214.jpg 300w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><figcaption id=\"caption-attachment-3723788\" class=\"wp-caption-text\">Courtesy www.businessinsider.com<\/figcaption><\/figure>\n<p>By far the most impressive piece of real estate in the DiCaprio portfolio is one of his cheapest. He purchased an island near Belize in 2005 for $1.75 million.<a href=\"http:\/\/www.restorativeislands.com\/blackadore-caye\/\" target=\"_blank\"> Blackadore Caye<\/a> is being developed along with partner Paul Scialla, into an eco-friendly resort and is due to open this year. <a href=\"https:\/\/www.telegraph.co.uk\/luxury\/travel\/blackadore-caye-resort-leonardo-dicaprios-belize-hideaway\/\" target=\"_blank\">Initial renderings<\/a> show it to be top-notch luxury. But the place will serve more than Michelin-rated food. The idea in buying the island was to preserve its ecosystem.<\/p>\n<p>&#8220;We don\u2019t want to just do less harm or even have zero impact, but to actually help heal the island, to make it better than before,&#8221; Scialla told the <a href=\"https:\/\/www.nytimes.com\/2015\/04\/05\/realestate\/an-idea-hits-the-beach.html\" target=\"_blank\">New York Times<\/a>. A worthy cause, at a lofty price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rich and famous are going house flipping crazy. DJ\/music producer Moby just sold his rehabbed Hollywood Hills pad to Leonardo DiCaprio for $4.9 million.<\/p>\n","protected":false},"author":112,"featured_media":3723785,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[751,1],"tags":[4063,15175,1207,2425,14758,213,8005,303,1431,15172,15174,15173],"class_list":["post-3723594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrity-corner","category-news","tag-belize","tag-blackadore-caye","tag-celebrity-home","tag-hollywood-hills-2","tag-house-flipping","tag-leonardo-dicaprio","tag-los-feliz","tag-luxury-home","tag-madonna","tag-moby","tag-riverside-terrace","tag-rockefeller-park"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>House Flipping Hollywood Style \u2014 Serial Investor, Leo DiCaprio Buys Moby\u2019s Transformed Home<\/title>\n<meta name=\"description\" content=\"The rich and famous are going house flipping crazy. 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DJ\/music producer Moby just sold his rehabbed Hollywood Hills pad to Leonardo DiCaprio for $4.9 million\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/\" \/>\n<meta property=\"og:site_name\" content=\"Haute Residence by Haute Living\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hauterealestatenetwork\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-21T14:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Vasishta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@HResidence\" \/>\n<meta name=\"twitter:site\" content=\"@HResidence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeff Vasishta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/\"},\"author\":{\"name\":\"Jeff Vasishta\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#\/schema\/person\/2cae6fc4fc05c4ad8e153854852d9e0a\"},\"headline\":\"House Flipping Hollywood Style \u2014 Serial Investor, Leo DiCaprio Buys Moby\u2019s Transformed Home\",\"datePublished\":\"2018-05-21T14:09:06+00:00\",\"dateModified\":\"2018-05-21T14:09:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/\"},\"wordCount\":606,\"publisher\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#organization\"},\"image\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio.jpg\",\"keywords\":[\"Belize\",\"Blackadore Caye\",\"celebrity home\",\"Hollywood hills\",\"House flipping\",\"Leonardo DiCaprio\",\"Los Feliz\",\"luxury home\",\"Madonna\",\"Moby\",\"Riverside Terrace\",\"Rockefeller Park\"],\"articleSection\":[\"Celebrity Corner\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/\",\"url\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/\",\"name\":\"House Flipping Hollywood Style \u2014 Serial Investor, Leo DiCaprio Buys Moby\u2019s Transformed Home\",\"isPartOf\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/house-flipping-hollywood-style-serial-investor-leo-dicaprio-buys-mobys-transformed-home\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2018\/05\/DiCaprio.jpg\",\"datePublished\":\"2018-05-21T14:09:06+00:00\",\"dateModified\":\"2018-05-21T14:09:06+00:00\",\"description\":\"The rich and famous are going house flipping crazy. 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