• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Sue Gross nets third Beverly Hills house, looks to offload one

Sue Gross and the property (Douglas Elliman)
Sue Gross and the property (Douglas Elliman)

Billionaire Sue Gross has spent $16.1 million for a Tuscan farmhouse-style home next to her main mansion in Beverly Hills as part of a luxe reshuffle for the former spouse of the one-time Bond King.

Sue Gross, whose marriage to PIMCO cofounder Bill Gross four years ago, now owns three neighboring properties in Beverly Hills, including one on the market, according to Dirt.

She bought the first home for $20 million in early 2018 — a year after divorcing Gross — and undertook a renovation, which was just completed. In October of that year she bought the house next door for $35 million from prolific residential investors Ellen DeGeneres and Portia de Rossi.

DeGeneres and de Rossi paid $16 million for the home three years prior. The deal with Gross was an off-market deal. Gross now has the 5,280-square-foot property on the market asking $38 million.

Her latest buy is probably for use as a guest house or staff quarters. The 1966-built home totals 5,367 square feet with five bedrooms and baths.

Architects Luis Ortega and Jose Fernandez completely revamped the property from the ground up in 2005.

(Douglas Elliman)
(Douglas Elliman)

The architecture is a mix of rustic materials such as plaster walls and exposed wood beams as well as modern features, including steel-case windows. Amenities include a gym, formal dining room, and what appears to be a workshop or studio.

The property totals about a half-acre. The rear of the home opens to stone patios and a small pool, as well as a covered lounge area with a fireplace.

Gross’s net worth is estimated at around $1.5 billion. She owns at least eight properties across Southern California, including four in Orange County.

Gross got ownership of three of those Orange County properties, all neighboring properties in the Irvine Cove gated community, in the divorce settlement with the former Pimco boss. The two then duked it out over two other homes in the community.

Bill Gross meanwhile owns several of his own properties, but primarily lives in Laguna Beach, where he’s been feuding with his neighbor. He avoided jail time earlier this year after violating a court order to stop harassing his neighbor.

[Dirt] — Dennis Lynch 

[contact-form-7 404 "Not Found"]

The post Sue Gross nets third Beverly Hills house, looks to offload one appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 08 December 2021
  • The Real Deal
  • Uncategorized
  •  Like
Jim Belushi offloads Brentwood mansion for $30M after years on the market →← CenterPoint continues SoCal spree in Signal Hill
  • Recent Posts

    • Hoteliers sound the alarm on looming distress  May 24, 2025
    • Growth markets see retail boom even with tariff uncertainty May 24, 2025
    • Westchester resi project gets city OK after union drops objection May 23, 2025
    • WATCH: ‘Father of CMBS’ Ethan Penner to run for governor of California May 23, 2025
    • Fashion Island office fetches $756 psf May 23, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM