Julia Roberts is selling her apartment for $4.5 million. In 2010, Julia shelled out $3.89 million, and now Roberts is hoping to make a Pretty Woman–style flipping-it fairy tale by seeking more for her Greenwich apartment, reported the New York Daily News.
However, New York doesn’t have to fret about saying farewell to the acclaimed actress. Julia still owns a Gramercy Park space, currently rented on a long-term lease.
So what can you get if you decide that it’s worth $4.5 million for Roberts’ apartment? With a fireplace and a rooftop terrace, the penthouse is 2,000 square feet.
No word on why Julia made the decision to sell from listing broker Alexa Lambert of Stribling & Associates. However, it is known that Roberts, in addition to that apartment, co-owns a California mansion with husband Danny Moder.
And since the actress just finished filming Money Never Sleeps, she may want to spend most of her time in Malibu with her family.
As the Inquisitr reported, Julia also recently put a selling price of $29.9 million on her seven-bedroom, four-bathroom home in Hanalei, Hawaii. For those who want more space than Roberts’ New York apartment, that mansion includes enormous rooms, a huge porch, and the aloha-sunset windows that stretch from one to wall the next.
Do you long to expand on what the Pretty Woman actress already created? Not a problem, because you can add on as much as 9,000 square feet to the home originally bought by sugar cane mogul Hans Peter Faye in 1915.
And Roberts isn’t alone in combining an entertainment industry career with real estate deals such as flipping apartments. Celebrity home flippers include Ellen DeGeneres, Jennifer Aniston, and Diane Keaton, reported Forbes.
For example, Ellen made $15 million in six months by flipping the Brody House in Los Angeles. DeGeneres has been immersed in the art of purchasing a home, redoing it, and then re-selling it for profit for some time.
And being a celebrity helps, according to Mauricio Umansky of the Agency.
“One of the advantages celebs have for flipping is brand recognition,” he revealed.”They can get their name out there.”
Friends star Jennifer Aniston succeeded in doing just that by buying a mansion in Beverly Hills for $13.5 million. After renovating it and getting publicity in Architectural Digest, Aniston sold it for $35 million.
For Annie Hall actress Diane Keaton, renovating historic homes has become a profitable hobby. She purchased a Spanish Colonial Revival in Beverly Hills for $8.1 million, then flipped it in a sale to Glee and Scream Queens creator Ryan Murphy for ten million.
[Photo by Dave Kotinsky / Getty Images]