Faire Wholesale Founder Scores Bargain on $14 Million Sunset Strip Mansion

·2 min read

Everyone knows real estate prices are sky-high right now, but that doesn’t mean there are no good deals to be had. Of course, a “good deal” is all relative; this massive Hollywood Hills mansion still wouldn’t make financial sense to most folks, discounted or not. But budding tech billionaire Daniele Perito is likely patting himself on the back for having paid “only” $14 million for the place — it was last offered at a substantially higher $16.5 million and had once been saddled with an ultra-aggressive $25 million ask.

That sold price also represents an eye-popping $5 million loss for the sellers, married Dutch celebrities Reinout and Danielle Oerlemans. (He’s a soap opera actor-turned-producer who sold his Eyeworks production company to Warner Bros. for nearly $300 million; she’s a former pro bicyclist.) The couple had paid $19 million for the house in 2014, shortly before they moved permanently from Amsterdam to Los Angeles.

While a multimillion-dollar real estate loss would wreck many families, the Oerlemanses aren’t sweating it. They recently plunked down nearly $20 million for a fixer-upper estate in Beverly Hills. And they sold a $69 million Bel Air mansion to The Weeknd, even loaning him $55 million to close the deal.

As for the house, it was originally built in 1951 but today bears no resemblance to its original form. In 2013, the place was rebuilt and expanded into a boxy contemporary showpiece by prominent real estate developer Bruce Makowsky; with five ensuite bedrooms and six bedrooms in 6,300 square feet, the house is mansion-sized but remains defined by its egg-shaped, 1,800-square-foot giant swimming pool. (While glamorous and far larger than most other L.A. pools, the watery tub gives the property an unusual look in aerial photos.)

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