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Celeb R.E.: Talent Agent Rick Rosen Flips Encino Home at a Loss

Rosen image courtesy Rubenstein Flickr; house images courtesy Dilbeck Real Estate

Back on March 31, 2015, the always hilarious, Your Mama, at the Variety Realestalker, revealed that talent agent to the stars, Rick Rosen, has flipped an Encino home for $5,337,500 on May 26, 2015. Rosen purchased on July 29, 2014 for $5.7 million and appears to have taken a $362,500 loss not factoring any other expenses on the home like renovations, carrying costs, and commissions.

Rosen was the co-founder of the Endeavor Talent Agency along 3 others in March 1995. They recently merged with the William Morris Agency in April 2009 to create William Morris Endeavor. The Endeavor Talent Agency was the inspiration of the HBO Entourage series. Rosen represents notable talk show hosts,  Conan O'Brien and Larry King in addition to a number of other individuals working in the industry. 

Moving on to the home which measures 6 Bed/8 Baths on 7,753 sqft on a total lot size of 0.4 acres built in 2014. The listing description states in great detail:

This custom designed and built estate by Rauber Homes in the celebrated Royal Oaks section of Encino is exquisitely detailed and carefully crafted, taking nearly 3 years from design inception to completion. It provides a feeling of old-world grace and serenity while tastefully incorporating exquisite modern fixtures and individual finishes.
Upon entering you are instantly surrounded by natural warm light, which is present throughout the whole house. The stately public rooms include living room, formal dining room and library with built-ins and book case ladder. This area is also pre-wired for a screening room if desired. The spacious family room with its striking brick fireplace is neighboring the expansive and elegantly appointed artesian kitchen with Wolf/ Subzero appliances and a custom handcrafted 6? stainless steel hood. The huge working center island with additional farm sink, three dishwashers, coffee bar and beverage center give ample room for entertaining or family time. A walk in pantry and service porch along with the bright windowed leather breakfast banquet and wood desk complete this area. Also on this level is the stunning wine room connecting the family room/kitchen area to the formal dining room, as well as the outside loggia with unique fireplace, TV wiring and alfresco dining. The sun filled back staircase, tucked away maid's quarters/additional guest room and a useful mudroom complete the first floor.
Upstairs there are five generously proportioned en suite bedrooms including the beautiful master suite with large cozy fireplace and expansive French doors leading to your private deck overlooking the entire back yard and pool. This area has his/hers totally separate bathrooms, each including steam shower, heated floors, as well as their own spacious walk-in closet.
The house incorporates magnificent mill and cabinetwork along with beautifully unique stone and tile applications throughout. The floors are richly stained walnut evoking a bygone era, yet this home operates smartly and efficiently with the most up to date systems such as alarm, security cameras, tank less water heaters, water conditioner, smart phone capability, central vacuum and speakers in most rooms. 
The outside evokes equally thoughtful design. The private and park like grounds with lush landscaping, beautiful outdoor kitchen with concrete fire pit, terrace with its own fireplace, saline pool/spa with electric cover plus hot and cold shower/changing room are some of the features you will find. Gracious and grand, yet warm and inviting with impeccable attention to every detail well describes this estate.
Upstairs there are five generously proportioned en suite bedrooms including the beautiful master suite with large cozy fireplace and expansive French doors leading to your private deck overlooking the entire back yard and pool. This area has his/hers totally separate bathrooms, each including steam shower, heated floors, as well as their own spacious walk-in closet.
The house incorporates magnificent mill and cabinetwork along with beautifully unique stone and tile applications throughout. The floors are richly stained walnut evoking a bygone era, yet this home operates smartly and efficiently with the most up to date systems such as alarm, security cameras, tank less water heaters, water conditioner, smart phone capability, central vacuum and speakers in most rooms. 
The outside evokes equally thoughtful design. The private and park like grounds with lush landscaping, beautiful outdoor kitchen with concrete fire pit, terrace with its own fireplace, saline pool/spa with electric cover plus hot and cold shower/changing room are some of the features you will find. Gracious and grand, yet warm and inviting with impeccable attention to every detail well describes this estate. 
Rosen also owns a Santa Barbara home in the exclusive Montecito area that was purchased in 2009 which appears to be his vacation home with a main home located in the Bel Air area that was purchased in 1999. 

You can view more SFV Celeb R.E. here

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Marty Mcfly

Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.

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