Hancock Park Luxury Home Developer Robert Quigg Declares Bankruptcy

In what can only be considered as disastrous news for all involved, Hancock Park’s Major Luxury Home Developer Robert Quigg, who was in the process of restoring or newly building eight major Luxury Properties in Hancock Park, declared Bankruptcy on November 30. His properties included the following: (2 properties had already been sold so they were not included in the bankruptcy). The remaining had yet to be marketed with the exception of 347 S Arden Blvd that was marketed for some months earlier this year.

16-139252_12c085fa-2db3-4832-8ecb-c0166421c28f73 Fremont Place Sold for $6,600,000 on 8/23/2016. Tiny Huang of Quigg Realty represented both Quigg and the Buyer.
The home was 6300 Sq. Ft. on a 15,459 Sq. Ft. lot. Quigg purchased the home in 2014 for $3,150,000. He redid the home and added approx. 1700 Sq ft.

16-133552_a42dcec0-0d72-44a8-86aa-84c5c03c86ab
434 S Windsor Blvd Sold for $11,300,000 on 10/20/2016. Tiny Huang of Quigg Realty represented the Seller. The home was 10,600 Sq. Ft. on a 18,017 Sq. Ft. lot. Quigg purchased the home in July of 2014 for $4,120,000. He redid the home  and added 4300+ Sq. Ft.

 

347 S Arden Blvd

317 S Windsor Blvd

147 S Plymouth Blvd

344 S Rimpau Blvd

428 S June Street

366 S Hudson Avenue

About Linda

I am a local Hancock Park Real Estate agent who has been successfully selling Hancock Park properties throughout the past 20+ years. I actively follow the market here and check out new listings and sales daily. I live in Hancock Park and also very actively follow the many cultural and dining and sports opportunties available to us. So this Hancock Park Today Blog will be about both Hancock Park Real Estate and exciting things to do both locally and in greater Los Angeles.
This entry was posted in General Real Estate News, Hancock Park Real Estate News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *