Bill Withers’ former Hollywood Hills residence, which he lived in for decades, has been sold off-market for $3.7 million, five years after he originally sold it and shortly before his passing. According to real estate sources, the property was acquired by Belwood Investments, a real estate technology company. The new owner plans significant renovations, including the addition of a suspended pool, with the intention of flipping the property for investor profit.
Belwood Investments, a real estate crowdfunding firm specializing in home renovations, purchased Withers’ property. They are the same firm that acquired Kanye West’s controversial gutted Malibu estate for $21 million.
Returning to Bill Withers’ former residence, the original recording studio on the ground floor remains intact. The tech CEO who purchased the property from Withers in 2019 frequently utilized the studio, given that his roommate was a music producer. Reports indicate that prominent artists such as Wiz Khalifa and Charlie Puth recorded in the studio.
Online real estate records indicate that Bill Withers purchased the home in 1998 for $714,000.
Here’s hoping Bill Withers’ legacy endures through all the changes. As reported in 2020, the three-time Grammy winner, renowned for soulful hits like “Lean on Me” and “Ain’t No Sunshine,” passed away at 81 due to heart complications.
Jean-Baptiste Rugiero and Mehdi Maamri of The Agency Beverly Hills managed both the buyer and the seller in this off-market transaction, which occurred in June.
