Tracey Jacobs Acquires Rihanna's Beverly Hills Home For $10.3M

Rihanna's Beverly Hills home has been sold to Tracey Jacobs, a veteran talent agent and partner at UTA, for $10.3 million. The property, located in the Beverly Hills Post Office area of Los Angeles, spans 0.46 acres and features a single-family residence with 5,100 square feet of living space. The sale price equates to a price per square foot of $2,019. This transaction marks a financial loss for Rihanna, as she had purchased the property two years ago for $10 million.

Summary of transaction details

• Property Type: Single-Family Residence
• Transaction Amount: $10,295,000
• Market: Beverly Hills Post Office, Los Angeles
• Asset Type: SFR
• Acres: 0.46

Tracey Jacobs, the buyer, was represented by Josh Flagg of Douglas Elliman, while Rihanna, the seller, was represented by James Harris and David Parnes of The Agency. Rihanna's sale of the property has resulted in her incurring nearly $570,000 in taxes due to L.A.'s mansion tax. This transaction highlights the involvement of key individuals and companies, including talent agent Tracey Jacobs, as well as prominent real estate broker representatives such as Josh Flagg, James Harris, and David Parnes.