Mario Lopez’s L.A. Dwelling Sells for $4.5 Million

Mario Lopez was lastly in a position to unload his L.A.-area mansion after placing it available on the market final 12 months — however he is needed to chisel on the price ticket to do it … to the tune of $2 million.

Actual property sources inform TMZ … the longtime TV host and actor simply closed the sale of his Glendale property this week for a complete of $4.55 million. The rationale he was seeking to do away with it, we’re instructed, is as a result of he purchased one other mansion in L.A. final 12 months for far more — price round $9.4 mil.

You will recall … ML’s been working to get this Glendale property off his fingers for a minute. He first listed it again in August for $6.5M … however then took it off the market across the holidays, as there did not look like many takers on the time. In January, he relisted the place … solely then, for a bit of cheaper.

Two issues to remove from that … one, it speaks to the true property atmosphere proper now. Properties merely aren’t promoting like they had been a couple of years in the past throughout the pandemic — when rates of interest had been tremendous low — and potential consumers had been working round snapping up houses. Now, issues have slowed down fairly a bit … and consumers are extra choosy.

The second factor is that it is a nice deal for whoever bought Mario’s pad — as a result of, clearly, it is a beaut. BTW, Mario’s not stressin’ a few couple million … he is loaded and acquired the home in 2010 for slightly below $2M.

We have instructed you about this home earlier than. It is an 8-bed, 8-bath palace that is on the outskirts of L.A. — away from all of the insanity — however with all the identical luxurious. There’s an previous Spanish aesthetic constructed into the structure … however the inside is about as trendy as you may get.

The primary home — and its two-bedroom visitor home — sits on over half an acre and comes with its personal personal gymnasium, dance studio, pool, outside kitchen, cabana and bocce ball court docket.