Jennifer Lopez is reportedly on the verge of acquiring an impressive property following her breakup with Ben Affleck.
The acclaimed singer and actress, aged 55, is considering the renowned Azria Estate located in Holmby Hills, Los Angeles.
Sources close to the situation shared with TMZ that Lopez is in negotiations to purchase this vast 30,000-square-foot estate, proposing a bid ranging from 30 million to 39 million dollars, despite the asking price being 55 million dollars.
The estate, once owned by the late designer Max Azria, includes luxurious features such as 14 bedrooms, a home theater, and an infinity pool.
Azria, who died in 2019, designed a property that exemplifies luxury living in Los Angeles, although the buying process has encountered some hurdles.
Legal Issues Affecting the Sale
Earlier this year, billionaire Ron Burkle made a 30-million-dollar bid on the estate, leading to legal disputes. Burkle is currently engaged in a lawsuit with Lubov Azria, the widow of Max Azria, over allegations of a contract breach.
Despite the ongoing court issues, Lopez is actively engaging with both sides and hopes to finalize the deal.
Lopez has a past connection to this home; she previously visited it with Ben Affleck during their house-hunting phase last year, and her recent film, Atlas, was shot there.
Additionally, the Azria Estate is adjacent to the mansion owned by her former partner Sean “Diddy” Combs, who is currently selling his property for 61 million dollars.
This potential acquisition comes as Lopez and Affleck begin to untangle their real estate affairs following their divorce. The pair is also looking to sell their Crestview Manor estate, valued at 68 million dollars, while Affleck has relocated to a new property in Brentwood.
As Lopez navigates her new chapter post-separation, acquiring the Azria Estate represents a significant milestone both personally and in her career.