Friday, 24 January 2014

Celeb R.E.: Former NFL Raiders Running Back and SFV Native Justin Fargas Moving Out of Sherman Oaks Architectural Home







Images courtesy Cap Equity Realty
Fresh on the MLS is the Sherman Oaks listing of an architectural home belonging to Justin Fargas with an asking price of $2,795,000 on January 23, 2014. 

Former NFL Raiders running back, Justin Fargas, is a native of the SFV who was born in Encino and attended Notre Dame High School in Sherman Oaks before attending USC. He was drafted by the Raiders in 2003 and played there until 2010 where he was dropped. The Denver Broncos briefly picked him up in 2010 but later released him before the start of the season. His dad is Antonio Fargas who is famous for playing "Huggy Bear" on Starsky and Hutch as well as other roles in several films and TV shows. 

The home measures 3 Beds/3.5 Baths on 4,892 sqft on a total lot size of 0.48 acres built in 2000. The listing description states:
Rock star living at its best in this gorgeous architectural home. One-of-a-kind loft-style residence South of the boulevard with ultimate privacy yet access to everything. Cutting-edge modern on sprawling park-like grounds with incredible jetliner views. Large scale living w/ enormous volume/space. A professional athlete's dream, and a rockstar's playground. A unique home for those with exquisite taste. Sexy master suite with heated floors throughout. Head turning 2-story living room, home theater, bonus room with pool table, sleek kitchen & baths. Concrete floors, surround sound, art walls. Multiple windows & terrace deck overlooking vast resort style grounds, surrounded by mature trees. Secluded one bedroom guest house. 10' deep saltwater pool, hot tub, putting green, outdoor kitchen. Entertain in style. A striking property for an entertaining lifestyle.
Fargas purchased this home on July 17, 2008 for $2,295,000 just before the housing crash reached its lows. If Fargas sells at the current asking price, he stands to gain an even steven $500K before any expenses. 

Prior to the Sherman Oaks home, Fargas was living in a Chatsworth home that was purchased on March 11, 2004 and sold on September 28, 2012 at a $70,000 loss not factoring in expenses. This home was discussed on this blog which includes listing pictures. 

The reason for the sale or his future living situation is not known but it is possible he is moving to a more kid friendly home since he had his first child, a daughter named Justice, with LSU women's basketball head coach, Nikki Caldwell, in March 2012. Its even quite possible that Fargas is leaving the SFV to be closer to her baby's momma at LSU. 

You can view more SFV Celebrity Real Estate here.