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The 36-year-oldMillion Dollar Listing: Los Angelesstar, confirmed to PEOPLE that he has purchased a 7,100 sq. ft. Beverly Hills mansion in an off-market deal. The property had been listed for $9.2 million.
“I have had my eye on this home since I was a little boy. It has not been on the market in close to 60 years,” Flagg tells PEOPLE. “It was actually an opportune time because a year ago when it was brought to my attention that the owners may consider selling, I was half way through renovations on another house that I had hired and fired three contractors, architects, and fought with the city for close to two years to build what I wanted.”
He adds, “When this came across my desk, I stopped everything and was immediately determined to get this home. It’s always been my favorite homes in the [Beverly Hills] flats.”
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The deal comes just two weeks after Flagg and Boyd went public with their split after five years of marriage in a pair of lengthy Instagram posts.
Flagg is preparing to renovate the 7-bedroom, 8-bathroom home at a cost of nearly $7 million. He will team up with architect William Hefner mansion for the overhaul of the home, which also features a large pool and three-car garage.
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The news of Flagg’s purchase comes just after a source told PEOPLE that he and Boyd had been living apart before going public with their split.
“Josh has been living at the Beverly Hills Hotelfor the past few months,” the source said.
The former couplewere married in a Jewish ceremonyat the same hotel in September 2017. “I have a lot of family history at the hotel.My grandparentswere regular customers of the hotel and I learned to love it when I was a young child,” Flagg toldETat the time.
Whileannouncinghis divorce from Boyd on social media, he made it clear that the decision to split was “not a rash or impulsive.”
“This might sound abrupt but I felt I should be transparent from the top rather than bury the headline,” he wrote. “This was not a rash or impulsive decision. We have been very thoughtful before coming to this conclusion.”
source: people.com
