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Celeb. R.E.: Cuba Gooding Jr. Lists Porter Ranch Home

[Update August 21, 2013]: This home sold for $735,000 on August 9, 2013. 

[Original Post]:




Images courtesy Rodeo Realty
Fresh on the MLS is the Porter Ranch home of actor Cuba Gooding, Jr. which entered the market with an asking price of $729,000 on May 23, 2013 which is already in a pending status. The location of this home is in the heart of the Filming Locations for E.T. The Extra Terrestrial movie filmed in 1982.

Cuba Gooding Jr is an Academy Award winning actor for his portrayl of Rod Tidwell in the 1996 film, Jerry Maguire. He has also performed in various films like Boyz n the HoodA Few Good MenLightning Jack, and a variety of other films with his career in acting going all the way back to 1981. Gooding, Jr is a native of the San Fernando Valley who attended North Hollywood and John F. Kennedy High School salthough he was born in New York City. I am not sure where he actually lived but according to Wikipedia, he lived in various hotels throughout Los Angeles after his father left the family. 

The home measures 5 Beds/3 Baths on 3,538 sqft on a total lot size of 0.25 acres built in 1976. The listing description states:
Porter Ranch 5 bedroom, 3 bath home with bonus room and pool. Spacious living and dining rooms. Large master suite. 3 car garage. Cul-de-sac street. Needs TLC. Sold "as-is".
This home was last purchased on February 10, 1999 for $439,000 which I believe was used by Cuba's mother, Shirley, or either as an investment property. If this home were to sell at today's asking price of $729,000, Cuba stands to profit $290,000 before taxes, commissions, carrying costs, and any renovation expenses. 
Image courtesy Prudential California Realty
Cuba is no stranger to the SFV as I mentioned above he had attended local high schools, but also at one point owned a Cliff May designed Studio City mid century modern home (shown above) on Coldwater Canyon near Mulholland Drive which was discussed on this blog.  The Studio City home was originally purchased in 1994 for $305,000 and later sold to Roger Neill, an orchestrator known for scoring the animated King of the Hill series, for $1,375,000 on December 30, 2009 equating to a massive profit of $1,070,000. Neill later sold this home on February 3, 2012 for $1,550,000 equating to a decent gain of $175,000.
Image courtesy Google Maps
Today, Cuba lives in a Pacific Palisades home (shown above) that was purchased on May 31, 2000 for $3.5 million which measures 6 Beds/7 Baths on 6,753 sqft on a 0.86 acre lot. His mom owns a Victorville home that was purchased on July 27, 2001 for $73,000 on a 1/2 acre lot with 3 Beds/2 Baths on 1,144 sqft. 

Other celebrities living nearby primarily in Granada Hills are Chris Tucker's baby momma in a gated community.  Vivica Fox also lived in the same community but sold in 2010 and prior to that was living in the same gated community as Chris Tucker in Tarzana. Vivica now lives near the Odyssey Restaurant in a townhome. This area is also home to baseball pitchers and Granada Hills native, Jon Garland, as well as the former home of Jeff Suppan who now lives in Calabasas near Justin Bieber. Tony award winning actress, Viola Davis and actor husband Julius Tennon, (who also own a North Hills townhome), long time actress and Miss America 1955, Lee Meriwether, the former home of NBA star, Jason Kidd, Extreme Makeover host, Paige Hemmis in nearby Porter Ranch, the voice of Bart Simpson, Nancy Cartwright, in Northridge, and the former home of actor Morris Chestnut in Granada Hills, who also just short sold his Hidden Hills home and previously to that sold his Calabasas home. 

You can find more San Fernando Valley Celebrity Real Estate 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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