Nicole Richie and Good Charlotte front man Joel Madden have just purchased their new home in the Beverly Crest area for a hefty price of $6.7 million. Although they bought the property outside of the Multiple Listing Service, a report from Variety confirmed their purchase and ownership.
Their new Beverly Crest estate is a 5,515-square-foot property situated half an acre from its ivy-covered enclosures and tall hedges, which give it its vintage and classic vibe.
It was actually a contemporary home with four bedrooms, four bathrooms, and a garage that can hold up to two cars as well as a huge swimming pool that can be found in its backyard. It features three massive fireplaces and its very own sports court.
The 33-year-old fashion designer had actually first risen to fame as a TV personality in a series she shared with the famous heiress, Paris Hilton, titled “The Simple Life," as pointed out by The Los Angeles Times. She co-starred in that particular reality TV show from 2003 to 2007. Now, she still stars in and produces her own reality TV show, titled “Candidly Nicole.”
Madden, meanwhile, is also a singer for The Madden Brothers, in addition to his musical contribution to Good Charlotte.
This newly purchased house of theirs was actually once owned by Jack Nicholson, who decided to sell the property in 1991 for $1.925 million. However, the property was only purchased eight years after for a reduced price of $1.75 million.
Having newly purchased a home in the Beverly Crest area, Richie and Madden now join the ranks of the huge celebrities that live in the area such as Keith Urban and Nicole Kidman, Ziggy Marley, and Guy Oseary.
Ashton Kutcher and new mom Mila Kunis bought a house, which was priced at more than $10 million, in the area just last year through an off-market deal. According to reports, the property they purchased was previously owned by Tom Freston.
A little farther down the street, from the house that Richie and Madden had just purchased, is Cameron Diaz’s house which she bought from Candice Bergen. It was the where she and Benji Madden, Joel’s twin brother, hitched their legal and romantic wagons several months ago.
Even Oscar-winning actress Jennifer Lawrence lives there, residing in a home that was once owned by a slate of celebrities, namely, Ellen DeGeneres, Paul Hogan, and Jessica Simpson.
Javier Bardem and Penelope Cruz also has the Beverly Crest area listed as their primary address, having purchased a $3.3 million home from Allison Adler and Sara Gilbert.