Slash's Lawsuit Special, Estate of the Day
Rock star Slash, real name, Saul Hudson, and his wife Perla have piqued the interest of real estate watchers with their lawsuit against real estate agent Gregory Holcomb and Sotheby's International Realty for misrepresentation regarding their Los Angeles home. Slash, who is the guitarist of both Guns N' Roses and Velvet Revolver bought the house in December of 2005 for $6,250,000. In spring of 2006, the Hudsons filed for divorce. The house went back on the market earlier this year at $6,995,000 where it has sat for a good long while and the price has now been (say it with me) slashed to $5,996,999 (with an option to lease at a ridiculous $50,000 a month). What's the problem with the home? The Hudson says that they were told the house was on a private, gated street (turns out the street is gated but not private and there are, as the lawsuit puts it "severe parking restrictions"). They also say the home is much smaller than the 7800 sq. ft. in the listing. In the lawsuit they say they never moved into the home. They allege that they suffered "grief, shame, humiliation, embarrassment, anger, worry, disappointment, nervousness, stomach disorders, backaches, loss of appetite and inability to concentrate on work" and are suing for an amount in excess of $1 million.
One has to wonder whether the couple actually checked out the five-bedroom home before buying? It's hard to say what is so wrong with this one that it inspired a lawsuit. It certainly seems like a nice celeb home. Great view, nice pool, a big kitchen, a guest house, large garages. Perhaps the home was nothing like their other home, a home in Sherman Oaks that they bought in March of 2002 for $2,150,000 and which the Real Estalker Mama reports was a very private house up a long gated driveway.
I can see why it might not be absolutely perfect for Slash, The wood beam ceilings, while lovely, can seem a little oppressive and the pool area in the back is a bit small. Petty complaints on a gorgeous home with swoonworthy details such as tiled steps and a massive arched window in the living room. Still, I suspect this lawsuit is more a case of buyer's remorse in a sluggish market than any nefarious machinations on the part of the agent. The Zillow zestimate on this one is $6,507,374. I bet Slash wishes he could get that for it.
Gallery: Slash's Lawsuit Special