Lopez is negotiating the sale of Max Azria’s luxurious Holmby Hills, Los Angeles, property, which is listed for $55 million.
The 30,000-square-foot estate has 14 bedrooms, gardens, a visitor house, infinity pool, and many other beautiful amenities.
The hotshot is thinking about making a huge interest in her real estate portfolio following her recent separation from Ben Affleck.
Azria Estate is a dazzling property known for its glory and celebrity history. However, the purchase isn’t quite as easy as it shows up, with legal and financial hurdles to overcome.
The singer-actress is reportedly attempting to significantly reduce the price, with the ultimate goal of a deal worth $30 million to $39 million.
This beautiful home, recently owned by the late Max Azria, a fashion tycoon and organizer behind the BCBG brand, has 14 rooms and sits on three sections of land of prime Los Angeles real estate.
It has lavish amenities that includes, a large gardens, a greenhouse, a guest house, an infinity pool with a sauna, an in-home theater, and a solid game room.
Ron Burkle, a billionaire investor, won the estate auction earlier this year with a $30 million bid. However, Burkle is now entangled in a fight in court with Lubov Azria, Max Azria’s widow, over a supposed break of agreement in the deal.
The legal battle has been ongoing since May 2024, and it is posing a hindrance to Lopez’s potential purchase.
J Lo, who purportedly reestablished her interest in the estate in August, has visited it a few times as of late. She is now haggling with both Burkle and Lubov Azria with expectations of settling the issue and bringing the deal to a close.
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The manor not just filled in as a filming location for her film Atlas, but Lopez also paid a visit to the estate in March of this year while house hunting with Affleck. While the couple has since split up, Lopez’s attraction to the opulent property is very strong.
Moreover, the estate is situated in a highly sought-after neighborhood, sharing a property line with Sean ‘Diddy’ Combs’ mansion, which was recently listed for $61 million.
Other well-known neighbors include designer Tom Ford, tech entrepreneur Sean Parker, and music executive Jimmy Iovine.
