Real Estate Industry News

That was fast. A few weeks after Flea’s former home surfaced for sale in Los Feliz, the property just sold for $3.45 million — just a touch under the $3.488-million asking price.

The Red Hot Chili Peppers bassist, whose real name is Michael Balzary, bought the place six years ago for $2.47 million and flipped it four years later for $3.215 million, records show.

Set on a quarter-acre corner lot, the 1930s traditional is just outside the Commonwealth Avenue entrance to Griffith Park. Past a bright red front door flanked by lattice windows, it opens to a bright 3,561-square-foot floor plan with five bedrooms and 4.5 bathrooms.

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Bay windows brighten the living room and dining room; the former features gallery white walls, while the latter has wainscoting and shades of navy blue. There’s also a breakfast nook with patio access, a kitchen with a small center island and a wood-paneled den with a custom tile fireplace.

Outside, a flagstone patio descends to a grassy landscaped yard. At the edge of the property, there’s a saltwater pool, spa and cedar sauna surrounded by manicured gardens.

Julia Allos of Deasy Penner Podley held the listing. Margot Tempereau, also with Deasy Penner Podley, represented the buyer.

A native of Australia, Flea co-founded the Red Hot Chili Peppers in the ‘80s, and the L.A.-based rock band has gone on to win six Grammys and record 11 studio albums. In 2012, the group was inducted into the Rock and Roll Hall of Fame.

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It’s not his only former home in the area; in 2014, he sold a Mediterranean compound near Griffith Park for $6 million and another home in the neighborhood to actor Jack Black for $5.965 million.