Former music executive Bob Cavallo, who played a significant role in shaping Prince's career, has ventured into the real estate market with a Los Angeles renovation project. In March, he purchased a property in Nichols Canyon for $2.75 million and listed it for nearly $5 million after a comprehensive overhaul, as reported by Mansion Global. The 1988-built house, which had not been updated in at least two decades, was stripped back to its essentials and transformed by Cavallo and renovation specialist Angie Williams. The home, spanning 3,762 square feet with four bedrooms, retained its original Mediterranean design while incorporating modern amenities like Calacatta marble, oak, Moroccan clay, and Venetian plaster. A notable upgrade was the conversion of an old dumbwaiter shaft into an elevator, addressing the challenge of navigating the hillside home's vertical layout. The renovation focused on improving functionality rather than drastic transformation, signaling a more serious investment in the property's long-term condition.
Bob Cavallo, former manager of music icon Prince and associated with Purple Rain, has listed a renovated home in the sought-after Nichols Canyon neighborhood of Los Angeles for nearly $5 million. The property, initially purchased by Cavallo for a family member in March for $2.75 million, underwent a complete transformation after extensive work revealed its "amazing bones" and generous room sizes. Notable changes include the conversion of an old dumbwaiter shaft into an elevator, re-stuccoing the exterior, and replacing the roof - all essential updates to protect the home in Los Angeles's climate and ensure longevity. The renovation project, managed by Angie Williams through her company House of Renovo, aimed to make the existing house more suitable for modern living rather than simply adding square footage or chasing trends.
Former music executive Bob Cavallo, who played a pivotal role in Prince's career, has listed his renovated hillside home in Nichols Canyon, Los Angeles, for nearly $5 million. Purchased for $2.75 million in March, the 1988-built property underwent a complete transformation, focusing on preserving its original character while incorporating modern amenities like an elevator and natural materials such as Calacatta marble, oak, Moroccan clay, and Venetian plaster. The renovation addressed practical concerns, such as converting a dumbwaiter shaft into an elevator to make the home more accessible for those with mobility issues or carrying groceries. The project reflects Cavallo's instincts from his music industry background, translating his ability to recognize potential, assemble the right team, and invest wisely into property development.