Wednesday, February 27, 2013

Mischa Barton Used To Be Rich

Mischa Barton is trying to rent out the house she bought back int he day when she was on The OC. She paid  a little over $6M for it back in 2005 and since then it has dropped in value every year. Mischa keeps trying to sell it for a huge profit though. It has been listed for sale for almost three years and she will only sell if she makes a profit which is not going to happen. It is a gorgeous house, but not worth $6M, let alone the $9M she wants for it. So, apparently she has decided to rent it, or at least try to for $35K a month. Well, it will keep her store in London afloat and allow her to pay the property taxes on her place.

33 comments:

MISCH said...

Dating Cisco Adler didn't help....

Agent**It said...

Boo hoo.

Now! said...

It looks pretty. I'll pay her $1500 a month for it.

Seachica said...

Surely it went up in value the first few years, before the bubble burst? Of course, she wasn't trying to sell it then.

Little Miss Smoke and Mirrors said...

Anybody know what neighborhood it's in?

Unknown said...

When I was watching that Fern Cotton documentary I assumed that was her parents house because she hadn't been working in so many years. She needs to sell it ASAP so she can pay some bills and her debts to her "sober coaches" off. Has she not learned anything from Lohan? Well I guess the difference being Mischa owes sober coaches and Lilo owes drug dealers----Mischa 1 Lindsay 0

ablake said...

If the planet upon which I live allows Mischa Barton to afford a 6 million dollar house..
Where's the reset button?

Agent**It said...

2670 Bowmont Dr
Beverly Hills CA 90210

annabella said...

I can't be joyful about anyone having serious money problems.

Vita19a said...

Given all the bad press about her, she must not have that large of a loan; since I’ve never heard of her being in foreclosure.

Theresa said...

http://www.zillow.com/homedetails/2670-Bowmont-Dr-Beverly-Hills-CA-90210/20534115_zpid/

has interior photos

Mama June said...

Love the outside, I'd have to do some redecorating though which would be fun if I had the budget.

ABlake, ITA.

Unknown said...

her eye for interior design is worse then her taste in fashion and boyfriends and scripts and business ventures

hairydawg said...

Nothing has gone right for this girl in years. She needs a success to give her some momentum in the right direction.

hairydawg said...

Cisco Adler's saggy balls were her undoing

MISCH said...

She paid for everything the entire time she dated Adler....he did a number on her...

1Jazzimom said...

@Annabella, so true. The real estate value drops hurt a lot of folks.

Basil said...

I feel sorry for this one. Unlike Lilo, Barton seems to at least be trying.

SusanB said...

I'm assuming her house is underwater. As someone whose home is also underwater she certainly has my sympathy. But I'm certainly not going to try to sell it for more than I paid for it. If we thought we could get enough to pay off the mortgage and come out even, we'd sell. She needs to get the same attitude.

ulalume said...

I'm wondering where she lives now? On a park bench?

Hendrix said...

Can't she just sell it for what she owes the bank and call it a day?

g.strathmore said...

That is a gorgeous house.

Agent**It said...

Hendrix, probably yes.

Jamie 2 said...

Just about anyone who bought a house in 2005 will be waiting years for the property to get back to what they paid for it.

How on earth did Mischa Barton ever earn enough on the OC to buy a house that cost a little over $6m?

She must have had to pay federal & state income taxes, and CA property taxes, and she must have had to fork out at least 20% of her earnings to her manager and her agent before she even filed her federal return.


Did she get paid $5m/year starting from the first season of OC? Unpossible.

Agent**It said...

She was dating she grandson of billionaire Marvin Davis in 2004...that probably paid very well.

Liadee said...

HAHA i love how is she trying to rent it for over its estimated worth too! Zillows estimating it 5000 less in rent, and at just over 6M for value, how the hell does your agent even let you list it for 2 M over?

DocP said...

People give Zillow too much credence.

NL said...
This comment has been removed by the author.
NL said...

My god. Her decor looks like my grandmother worked with her on it. My dead grandmother.

Jazzy said...

Whoa. Beautiful backyard. She really thought 2 seasons on the O.C. would create a career that would let her afford that house? Really?! Cocaine is a helluva drug.

Beta said...

I love how in hollywood you can work a couple of years in a successful series or movies and live off that forever.
I couldnt dream of taking year off, let alone 3!!

Beta said...

@Theresa thanks for the pics!!
@SusanB what's underwater? (in real estate ) :P

zeldafitzgerald said...

Good grief, that real estate agent is terrifying!!!

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