Slash is well-connected in the music business and has undoubtedly made a name for himself over the years. From Guns N’ Roses and Velvet Revolver to Michael Jackson and Paul Rodgers, Slash has played with the best. But now, he is getting media attention for the listing of his Mulholland Estate.
The rock star has officially listed his Mulholland Estate on the market for $9.5 million. The nearly 11,000 square-foot home has seven spacious bedrooms and eight bathrooms, making the pad nearly roomy enough for the Brady Bunch.
Originally, the millionaire (and originator of the killer guitar riff in “Sweet Child O’ Mine”) paid $7.3 million for this property and is seeking more than a return on his investment with the asking price. However, Slash may have a very difficult time selling this home for the asking price for multiple reasons.
1.) The current housing market is definitely a buyers’ market. Therefore, many homes—even in the celebrity realm—are selling for significantly less than the asking price.
2.) Unlike many other celebrity homes, Slash cannot necessarily boast location of this mansion since the area is well-known for its high crime rates.
3.) Who wants Charlie Sheen as a neighbor?
Sheen has his own house on the market in this area, but both may experience great difficulties selling their homes unless they “slash” the prices drastically. With Sheen himself experiencing theft in this area, we wish both of these celebrities the best of luck in trying to sell these mansions.
In the end, Slash has a nice home, as can be expected for rock royalty, but the location and current real estate market are likely to be more than discouraging for potential buyers. If he truly wishes to part with this California mansion, he will need to seriously decrease the list value of the home and ensure his agent is incredibly persuasive—as selling this home is definitely going to require a smooth talker.