The house was a pocket listing, not in the MLS. Located in the ever-hip Los Feliz neighborhood, it has 7 bedrooms and sits on about a half an acre. It has a pool, motor court and solar panels. Michael Balzary, a.k.a. Flea, the bass player for the Red Hot Chili Peppers (picture left), bought it for $3.85 million in 2008 and completed a major restoration on it, according to area agents.
Los Feliz is one of those rare microcosm neighborhoods that has actual inventory shortage. Agents make cold calls on behalf of buyers asking homeowners if they can show their homes, said Dorothy Carter, director of estates for Keller Williams, Los Feliz, one of the powerhouse agencies who sells in the neighborhood.
Black, who is one half the comedy and satirical rock duo Tenacious D, had been house-hunting for more than two years, is said to have looked in many areas but really wanted Los Feliz, area agents said. Black stars in Gulliver's Travels and voiced the role of Po in Kung Fu Panda.
The sale is probably a welcome relief for Flea. He and the rest of the Peppers, have invested pretty heavily in real estate. That can't be good, can it? In June 2009, Flea listed his two-acre oceanfront home on the Encinal Bluffs of Malibu for $13,676,000. He also owned a Malibu home damaged in the 2007 wildfires that destroyed dozens of homes in the Corral Canyon neighborhood.
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