Lori Loughlin and her husband Mossimo Giannulli have sold their Los Angeles home for almost $19 million to Tinder co-founder Justin Mateen. Arvin Haddad–the star of CNBC’s Listing Impossible and senior estates director and broker associate for The Agency–held the listing. Josh Flagg of Million Dollar Listing Los Angeles and Rodeo Realty represented Mateen. Mateen adds the mansion in L.A.’s Bel Air neighborhood to his already extensive real estate portfolio, which includes a $15 million estate nearby in Holmby Hills. The home sold for $18.75 million, The Agency tells House Beautiful.
The 9,000-square-foot home—with six bedrooms and nine bathrooms—was quietly put on the market back in January for more than $28 million. Loughlin and Giannulli paid $14 million for the property in 2015, Variety reports. They spent $15 million renovating it and had it on the market in 2017 for $35 million, according to Mansion Global.
The gated property looks like a Mediterranean-style oasis with windows that look out onto the lawns of Bel-Air Country Club–which Loughlin and Giannulli resigned from prior to the sale–and a lush backyard pool and spa. The home includes a sweeping staircase, media room, paneled library, kitchen with commercial appliances, large dining room, fitness studio, and circular motor court with a multi-car garage.
The sale comes as Loughlin and Giannulli are expected to serve prison sentences–two months and five months respectively–for the college admissions scandal as well as pay fines with two years of supervised release and community service hours.
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