CELEB HOMES
Gene Simmons’ haunt
He’s not only a hard rock idol with a demon painted face and long fire spitting tongue. Gene Simmons is first a businessman and marketing wizard who is often asked to speak at investment seminars. Of course, Simmons’ love of music and forming bands as a youth had a lot to do with his establishing his music career; but KISS was also a business with a brand engineered in the 1970s when bands with the most fire and theatrics were popular with teen music lovers.
A man of many interests, his business plan is quite simple and highly successful. If one has multiple business interests and fails, you still have income from the others.
Now looking in locations other than California to invest his real estate investment dollars, Simmons recently placed one of his Los Angeles properties on the market. Completely updated with three floors and terraces on a hillside with good views, it’s priced at US$ 2.1 million.
It’s safe to say that a fair share of his 400 million dollar net worth has come from astute investments. Never a believer in anyone having only one job, a single rental property or solitary business investment, he insists that to be financially safe, one must have at least two jobs.
As living proof that his strategy has continued to work, he has been asked to speak on the subject at financial and investment seminars in the US and Canada.
Located at the top of Laurel Canyon on a gated street, the house has been home to various celebrities who feel the need for privacy while being close to the studios. Great views from its three floors and decks include the city skyline, famed Hollywood sign, Griffith Observatory, Pacific Ocean and Santa Monica Mountains.
Built in 1968, the house contains four bedrooms and two bathrooms, and is designed on an open plan measuring 2,342 sq ft. Updated for 21st century lifestyles, there’s a large living room with a fireplace and a family room on the second level.
Since Gene Simmons is considering expanding his real estate investments farther afield, he has decided to sell this charming hillside house at the top of Laurel Canyon with views extending from that Hollywood sign to the Pacific Ocean.