Red Hot Chili Peppers Bassist Flea's Unique L.A. Compound Relisted for $5.8 Million

In early 2022, Michael "Flea" Balzary, the renowned bassist for the Red Hot Chili Peppers, initially placed his distinctive architectural residence in the La Crescenta foothills on the market for close to $9.8 million. After nearly four and a half years, several price adjustments, and a period as a rental property, the compound is once again available for sale. This unique estate, reflecting Flea's eclectic taste, is a fascinating blend of modern design and mid-century heritage, set against the scenic backdrop of the Angeles National Forest.

The musician is now seeking $5.75 million for the sprawling 5.7-acre property, located in the unincorporated community near Glendale. This asking price represents a significant increase from the $4.25 million he paid contemporary artists Lari Pittman and Roy Dowell for the estate in 2018. The updated valuation reflects enhancements made to the property, including an 875-square-foot subterranean addition completed in 2021, and the installation of a swimming pool and a charming cabin on the grounds in 2020. The listing is currently managed by Jett Gelber of Crosby Doe Associates.

Situated approximately 20 miles north of Downtown Los Angeles, the hilltop compound is a secluded oasis accessible via a long private driveway. Surrounded by a meticulously curated succulent garden, the property boasts a total living area of 5,186 square feet, encompassing two primary residences. The first is a striking white stucco and glass main house, a seven-sided masterpiece designed by acclaimed L.A.-based architect Michael Maltzan in 2009. The second is a classic 1950s mid-century home, specifically crafted by the celebrated modernist architect Richard Neutra for his secretary, Dorothy Serulnic, and her husband, George.

Beyond the main residences, the estate features a distinctive one-bedroom cabin constructed entirely of redwood, an outdoor movie pavilion perfect for entertainment, and breathtaking panoramic views of the mountains and city lights from every angle. The Maltzan-designed main house, originally commissioned by artists Pittman and Dowell, wraps around a central courtyard, seamlessly integrating the recent additions. This architectural marvel has been featured in "Architectural Record" and has received three prestigious awards from the American Institute of Architects, underscoring its design excellence.

Inside the main house, a standout feature is the primary bedroom, which includes a curvilinear, penny-tiled bathroom. The geometric layout also incorporates a dedicated office, a cozy den, and ample custom-built storage solutions. The outdoor areas are designed for entertainment, highlighted by a 50-foot Johnston Vidal lap pool and the aforementioned movie pavilion, which is fully equipped with a wind screen and a catering kitchen, ideal for hosting large gatherings. The original Neutra-designed abode, known as the Dorothy Serulnic Residence, offers two bedrooms and a single full bath within its 1,350 square feet of meticulously restored living space. It features expansive glass walls and a classic stone fireplace, along with Neutra's signature built-in furnishings, including a sofa system with an integrated record player and concealed speakers, several desks, shelving units, a dining room table, a sliding breakfast table, and a vanity.

A previous listing agent aptly described the compound as "literally your own midcentury space station right here in Los Angeles," emphasizing its unique character as more than just a home, but a multi-sensory artistic retreat. This environment perfectly complements Flea's career as a musician known for his unconventional approach. While currently collaborating on a new album with the Red Hot Chili Peppers, Flea also released his debut solo album, "Honora," in March, showcasing his talent on the jazz trumpet. This property truly embodies the spirit of an artist who continually pushes creative boundaries.

This exceptional Los Angeles-area compound, a blend of architectural innovation and historical significance, represents a rare opportunity. Its unique design, celebrity ownership, and extensive amenities make it a truly one-of-a-kind offering in the luxury real estate market.

Venture Capitalist's West Village Condo Hits Market for Nearly $9 Million

Alex Malamatinas, a venture capitalist known for backing popular consumer brands like Olipop, is selling his luxurious condo in Manhattan's West Village. Acquired for $5.575 million in 2021, the residence is now listed at $8.995 million, projecting a substantial profit. The ninth-floor unit features three bedrooms, three bathrooms, custom designs by Workshop/APD, stunning Hudson River views, and high-end amenities, offering an opulent urban living experience.

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