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The world famous DJ Zedd has been trying to sell his luxury beverly hills mega mansion for over a year now, and he is not getting any bites. He started at a price close to $30 million, and has since reduced the price by $8 million to $18,499,000. As a man who is worth around $50 million dollars as of the last report, this shouldn’t be the most stressful thing for Zedd. But the issue is that he already has bought a new home for himself in Encino Calfornia. This one he bought from Joe Jonas for around $15 million. In today’s episode we review this mega mansion listing together, we check out Zedd’s awesome contemporary homes, and we look at Zillow for other homes for sale in Beverly Hills.
I hope that you enjoy this video and if you have comments please leave them below! See you next video!
-Scott
#zedd
Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott Edward) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.
48 Comments
I wonder at what price this place will eventually sell for…
Eames chair😄
Im surprised too. Been watching this Mansion for a year now.
Bro pls do a review of Ben Simmons Mansion in hidden hills. He hasnt sold it yet too.
He got a deal for it around 16m but I think they were selling it at 20m years back. Check it
Eams chair from the 50's. My favorite also.
Reminds me of a pair of houses in my neck of the woods 5327/5305 Carlsbad blvd, been on and off the market multiple times over the years. 5305 has a pretty interesting story to it, white collar criminal who stole 100s of Ms and was eventually pardoned by trump and had to do house arrest at a 10k sqft waterfront mansion
Houses have been for sale for 15m/30(eventually sold for 20m and I still don’t think it changed owners) in a neighborhood of homes worth a fraction of that
it's a Vitra lounge chair, designed by Charles and Ray Eames, incl an Ottoman.
You mean the Classic Eames Lounge chair and ottoman? Not bad, if we talk classic, still my fav is the Egg chair in classic leather – but must admit both are good choices:)
Why do I have the feeling – as you kind of refer to it as well – that he wanted to ride on the wings of the property market and make a quick buck (which didn’t seem to work out)…and although its fab and everything, the new one seems to have much more ‘soul’ that most probably is not investment but rather a home (I know tastes differ but still)…
EAMES CHAIR
that chair with ottoman is the creation of designer Ray Eames.
he could list it for 200m, doesn't mean its worth that. list prices are pretty much laughable.
i say about 10m in todays market.
I will say one of the reason I like your content is that we both like the same style of architecture and furniture design. Those Eames Lounge Chairs have always been high on my list of a chair to own one day along with the Womb Chair. I have the DCM's in my dining room but those lounge chair are a big $ purchase. Cheers!
3:18 Kitchen doesn't wow me. I do kind of like the idea of water on either side as you enter of course you can't ever go home drunk
You cant get anything decent for $20mill in Miami these days
30k subscribers. Great work!
i love your videos man i wish to be a real estate agent and developer in future all around the world but mostly LA. anyways keep up the good work!
Hey thanks Scott. I have been looking for this Chernov house since 2020 when they removed all the videos of it from their youtube channel. It really is one of the best houses in Encino for the price.
He's not lost $8 million though because it was never worth $26 million. He's reaching asking $26 million.
Hmm this reminds me of the house layout in the Peter Sellers movie The Party 🤔
Zedd actually lowkey is more German than Russian. He was born in the Soviet Unioen right when it collapsed and his Family moved over to Germany in the early 90s, hence why we claim him for ourselves lol.
Also I'm hella jealous of him, not just because of these two houses, but also because he was dating Selena Gomez for like a year 😂
So u buy & sell also? Why don't you make an offer on this one?
Bad investment in a house is so expensive in a neighborhood with so many inexpensive options.
2022 Walnut classic Eams lounge chair & Ottoman £629 in the UK … Scott, you should have used the H.H. Holmes Hotel for Halloween 💀💀💀
Imma go with “weird looking chair”
who wants to live in LA ?
Buyers aren't stupid, especially in that price range. They can easily look up price history on Zillow.
From the Architectural Digest video I saw don't think Zedd and his guests use the kitchen much, as they seem to get most of their nourishment out of the Skittles Machine https://www.youtube.com/watch?v=RF-Mqs2qC-M
I’ll buy it from him 💰
i think he bought it under 16mill so he´s not losing any money yet
Cool video Scott. It would seem Zedd over payed on his house since he's almost at the break even point on his nice Modern house. Several of your stories over the past few months were following the same trend, including "The One". Do you think the real estate bubble is going to burst ?
It looked like there’s a 20 mil and an 50 mil in your screen shot just a couple streets away… not enough to justify his asking, but maybe it was an early upgrade in the neighborhood.
I too love an Eames chair, my friends husband works for a furniture company in NC and he found one really beat up, so he snagged it, took it to work where they fixed it up! ❤
That is no ordinary tree in the middle of the house…that is the latest craze of importing exotic trees such as this Olive tree. You could do a whole episode on how they get these trees from Italy for the luxury market. I have read where Enrique Iglesias wanted special full grown palms for his estate. The Wall street Journal did a story on it.
I really don’t understand why DJs make so much money, it’s stupid. Nice house, I like contemporary homes but why have a glass house?
Those Herman Miller chairs are awesome. I really want one for my deal room
You don't provide a square footage and don't mention its absence. That's no bueno.
It's bad form when listings don't have size. From what I can tell it's not a small house. Something like 13000 sqft which is a respectable size so seems dumb to intentionally omit that. That's like call for pricing. There should be mandatory slaps for that. Slapping police should show up and slap them until they understand.
It's a nice compound and nice size flat land which is super rare for hill view. It has many good qualities, one major weakness is how far back in beverly hills it is. It's more valley than LA basin so the drive down to santa monica boulevard might be a little long. Not so bad to Ventura, not critical to 405. Not a huge deal breaker but probably precludes top dollar. It might sell easy at 14. But it's actually a very nice house and surprisingly good view so far back.
oh and btw, don't count on interest rates going down. it's slowing down of the climb, not reversing. one fed member said we are going to 5-7% which means a 30 year loan of 8-10%. Powell is speaking tomorrow and then fed rate meeting december 14th where I expect we'll get a 0.5% hike and that wont be the top either. I suspect the next 3 months will be down turn, maybe 6 months and that's probably going to chill the real estate market too although no real panic yet. it may not result in huge price drops but it might. maybe 20-30% off the price of houses above 10 mill, maybe more for above 25 mill.
The chair is called Eames Lounge Chair. Great chair.
Architectural digest did a tour of his home do check it out
I think his new house is better than the older house. The less expensive one is better.
In at 2.6K views!!!!
That price ask of his is ridiculous. a 65% price increase in 3 years? It isn't even like he did any work on the property.
Great work! 👏
The way you explain things is perfect
Last time i talked to Zedd he was originally German 😀
you should get propsteam.. You can see their mortgage amount and other things!
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First of all, he obviously overpaid for the property when the market was hot and he thought he could hold onto it for a couple of years and flip it. Then the market started to trend downward, while he's only worth about $50 Million he has a house that is nearly 50% his over-all income. Not good. Do Your Homework before you decide to invest in a house you never intended to have as your primary home. It's a rookie mistake that will in the end cost him millions. Oh well? Too Bad.
It looks like Zed is selling his ultra modern contemporary mansion for a transitional (modern traditional mansion). The all-glass wall and eccentric angle house may go out of style but a combination of traditional and modern can be timeless. I think french windows and French doors are superior to sliding doors and low security glass wall.
HMMM WONDER WHY HES SO EAGER TO GET THE FKK OUT OF LA COUNTY? 😂😂😂😂. THAT THING IS THE MOST UNSECURED DESIGN YOU COULD ASK FOR. THE GLASS PALACE. WHERE EVERY INCH IS AN ENTRYWAY, AND EVERY MINUTE IS AN HOUR AS THE POLICE TRY TO NAVIGATE THROUGH THE HILLS ALL THE WAY TO THE TOP JUST TO FIND YOUR THROAT SLIT WHILE YOU WERE SLEEPING AND SONE DUMB FKKING WATCH IS MISSING. THIS IS LA. SO GLAD I GOT THE GOLDEN YEARS 2001-2011 AND JET BACK TO DALLAS.