Depp Fuels Apartment Property Boom

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Hollywood star Johnny Depp is fuelling a property-buying boom in a Los Angeles apartment block - after purchasing a flat on the premises. The actor - who lives in France with his wife Vanessa Paradis and their children - bought a $2 million (GBP1 million) penthouse in the historic 13-storey Art Deco block to use on work-related trips to California. And now fans, desperate to reside near Depp, are buying up the remaining properties - which start from $600,000 (GBP300,000). The site's owners are delighted, as many of the units were failing to sell before the star's intervention.


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sher8181's picture

sher8181

Well, the media's done it again! Valid reports indicate that by the time Johnny bought his penthouse there were only 6 units left. It's amazing how the press makes this stuff up and blows it out of proportion!
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