Here's a riddle: Ed Hardy CEO and Wife A buy a new-build house in Holmby Hills in 2004 for $18.5 million. They try to sell it in 2008 for $38 million. When that doesn't work, they rent it to Biggest Pop Star of All Time B for $100,000 a month. B dies at the house in 2009 under somewhat shady and very well-publicized circumstances. After all the media madness dies down, couple A tries to sell again, this time for $28.995 million. They pricechop and eventually pull the house off the market in July 2011. Who do couple A blame for the sale fail?
A) Bad Timing
B) Cruel Fate
C) The woman selling star maps down the street
Yeah, it's C, reports TMZ. Ed Hardy CEO Hubert Guez and his wife Roxanne Guez own the Richard Landry-designed house where Michael Jackson died in 2009, and they're now suing map-seller Linda Welton. The suits says that the star map outpost (which includes an umbrella and cooler), hordes of gawkers, and illegally-parked cars are driving down their property values and that "Potential buyers are bothered upon approach by the quite visible and annoying constant illegal stopping and/or parking of cars in front of the home on what otherwise would be a quiet residential street." Hey, maybe Suzanne Saperstein, who's been trying to sell her Fleur de Lys estate up the street for $125 million, should get in on this.
· OWNERS OF JACKSON DEATH HOME Star Map Chick Is Ruining Our Property Value! [TMZ]
· Celebrity Real Estate Wrap: More LA Times Questions, Michael Jackson, Jimmy Kimmel, Barbara Orbison [Curbed LA]