According to Real Estalker, the Barbados-born pop star is ready to offload her modern mansion and has officially listed the property as a short sale for $4.5 million, despite paying a reported $6.9m for it originally.
However, the R&B star may recoup some costs through a lawsuit that she has already filed against the builder, previous owner, home inspector and real estate agents involved in the sale.
Rihanna claims that the home was poorly constructed and has leaked water on numerous occasions, causing serious damage to her home.
She, and her legal team believe that the previous owner knew about the defects when Rihanna bought the property in 2009.
If Rihanna did, in fact, perform due diligence in purchasing the property and existing problems were not disclosed, then, in the state of California as in many other states, she would have a case.
According to real estate website Zillow.com, although the home was previously described as a “stunning, brand-new development” when the Man Down singer bought it, the new listing doesn’t hide the property’s current state.
The description of the property reads: 'Home is a MAJOR fixer with EXTENSIVE water intrusion (but not limited to) roof, windows, doors and balconies. There is EXTENSIVE damage from moisture AND water intrusion. The home is being sold strictly AS IS and will be subject to a short sale.”
The eight-bedroom, ten-bathroom home backs up to undeveloped property on a hill overlooking Los Angeles.
High-end amenities include a sauna and steam room, library, gourmet kitchen, enormous master suite and private home theatre.