Gigi Caruso bought a home in Los Angeles worth $9.5 million – Rob Report

She’s only 23 years old, but Gianna “Gigi” Caruso is already the CEO and founder of a successful clothing company with the kind of finger sway on the collective pulse that many established clothing moguls might wish they had. Founded in 2017, Caruso’s Gigi C swimwear collection has become a runaway success, with its $200 bikini sets attracting a host of celebrity fans including Eva Longoria, January Jones, Selma Blair and Elizabeth Banks. It’s no wonder that the continued growth of the brand, coupled with its owner’s elegant personal style, has turned Caruso into a popular social media influencer.

Of course, it’s also worth noting that Caruso is the only daughter of Rick Caruso, the prominent real estate developer and Los Angeles mayoral candidate who has built and owns some of the most successful malls in the country. The elder Caruso’s personal net worth is $5.3 billion, according to Forbes.

So it’s no surprise that Gigi Caruso can afford some very cute things. The USC graduate recently plunked down $9.5 million for a stunningly upscale home in prime Pacific Palisades, the coastal neighborhood famous for its outdoor shopping district in Palisades Village developed by Rick Caruso.

Arguably 100-year-old heritage olive trees tower over the elegant house itself.

This contemporary, quasi-Spanish-designed Mediterranean villa was built in 2007 but was extensively renovated in 2019, as it was in high demand, with Caruso’s asking price reaching $30,000. more The price requested is only to secure the keys. Century-old olive jerseys line the long private driveway, guarded by an electronic gate and facing an attached two-car garage. Also outside are peaceful gardens and a private studio space perfect for the artist at home.

Inside, the long, narrow house has seven bedrooms and seven bathrooms in a sunny living space of about 6,000 square feet. The medium brown hardwood floors contrast elegantly with the pale decor, a neutral palette filled mostly with white and a few pops of light grey.

The main floor features several sets of French doors and multiple fireplaces.

On the main floor there are dual fireplaces and a surprising number of open living and dining areas, as well as two guest bedrooms and a modernly updated chef’s kitchen. Upstairs is the master suite, where a private balcony overlooks the leafy backyard, as well as four additional family bedrooms.

In back, the 0.33-acre lot is defined by its massive swimming pool, which elegantly connects the main house to a separate casita. Guests will enjoy al fresco dining set among the manicured gardens, as well as a built-in barbecue center and a separate lounge area with a fire pit offering stunning valley views.

Privately surrounded by hedges and eucalyptus trees, the backyard is a resort-style retreat.

Records reveal that the seller’s home was James Parker, the trucking magnate and private equity veteran who recently paid $16.5 million to upgrade to a much larger, more luxurious property elsewhere in the Palisades. As for Caruso, she’s certainly not new to the area. Her parents have long owned one of the largest estates in the Brentwood Park community in Los Angeles. Vanity gallery He recently described the Caruso family’s palatial estate as a “creamy Italianate complex of undulating lawns, waterfalls, pond, rowboat, tennis court and outdoor bar.”

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