According to The Pulse Of Radio, RED HOT CHILI PEPPERS bassist Flea and his wife, model Frankie Rayder, have purchased an “architecturally significant” 5.7-acre compound in La Crescenta, California for $4.25 million. The sellers are artists Lari Pittman and Roy Dowell, who first listed it three years ago for $7.9 million.
Variety has posted pictures of the compound, which consists of two houses next to each other. The first is a 1,350-square-foot home with two bedrooms and one bathroom that was first built in 1952 by mid-century modern architect Richard Neutra. Pittman bought it in 1998 and had it restored and updated with a modern kitchen, although it still has a retro mid-1950s feel.
Flea and Rayder recently put their home in the Los Feliz area of Los Angeles, California on the market for $2.997 million. They bought the house less than four years ago for $2.47 million. The property is reported to already be in escrow. The couple still own a Malibu compound that they purchased in 2006 for $10 million.