By JENNIKA INGRAM | Reporter
Former Palisadian and American football running back Reggie Bush and his wife, Lilit Avagyan, sold their Marquez Knolls home for $7.38 million after nearly one year on the market at different price points, multiple sources reported.
Initially listed for $9.99 million last year and then re-marketed at a reduced price, the property was sold for $400,000 less than the original purchase price six years later.
After buying the home in 2014, the couple lived in the Palisades for nearly five years before moving to Encino in 2019, according to Variety.
The lavish home has five bedrooms and six bathrooms, with an interior space of almost 7,500 square feet. Originally built in 1965, the home has transformed due to a thorough revamp in the ’90s and added renovations since.
The two-story home combines glass, stone and polished wood to encapsulate a tranquil modern minimalist appeal along with panoramic ocean views and a harmonious transition between the indoor and outdoor living areas.
The L-shaped house boasts a living room with blackout blinds that converts the space into a home theater. There’s a dining room, an office, a separate gym, as well as a kitchen with skylights containing a wide island/bar opening to a family room.
The master bedroom has a private, wrap-around terrace, fireplace and spa-like bathroom with double sinks.
The yard provides a full spread of outdoor features with an infinity-edge swimming pool and spa, a deck and lounge area with a fire pit, a built-in barbecue, and an outdoor kitchen and dining area.
In 2019, Fox Sports hired Bush, 35, as a college football studio analyst joining former USC teammate Matt Leinart and others.
The former running back played college football for the Trojans at the University of Southern California. In 2005, Bush earned All-American honors and won the Heisman Trophy (later forfeited).
In the 2006 NFL draft, Bush was drafted by the New Orleans Saints second overall. In 2008 he was first-team All-Pro selection with New Orleans.
Before retiring from football in 2017, Bush also played for the Miami Dolphins, Detroit Lions, San Francisco 49ers and Buffalo Bills. His professional career lasted 11 years.
Jordan Cohen of RE/MAX One was the listing agent. Patricia Spencer of Compass represented the buyer.
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