Lori Loughlin u Mossimo Giannulli unloaded their sprawling air assets, but had to cut the price to run the deal.
Our real estate sources tell us that Lori and Mossimo sold the very expensive house to co-founder Tinder Justin Mateen, and he got a pretty deal for $ 18,750,000.
TMZ broke the story … Lori and Mossimo quietly laid down the property back on the market to $ 28,650,000 after previously listing it in 2017 for $ 35 million.
We save the math … the Tinder honcho brought Lori and Mossimo’s pad for $ 9.9 million less than their most recent price.
Justin has not only brought a reduced price, the house is quite large – 12,000 square meters, 6 bedrooms, 9 baths and bells and whistles – and, of course, is now located in one of the most ritzy of LA. hoods.
Arvin Haddad, who is with The Agency and the stars in CNBC’s “Impossible Listing”, had the listing during Josh Flagg the Bravo “Million Dollar Listing Los Angeles” and Rodeo Realty reassembled the buyer.
Now, Lori and Mossimo will resort to their home challenge. Remember, they have made a habit of selling their family home every 3 to 5 years … and he has a superior talent in home remodeling.