Angelina Jolie Barely Breaks Even After Selling Her Los Angeles Estate
Angelina Jolie sold her longtime Los Angeles estate for $24.5 million after purchasing it for $24.75 million in 2022. The transaction left her with virtually no profit once carrying costs and improvements are factored in. For LA entrepreneurs, the outcome highlights the financial risks of high-end residential flips in a softening luxury market.
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Summary written by Entrepreneurs Of Los Angeles. The original reporting belongs to The New York Times; we do not republish the article.
