Former manager of Prince lists renovated Los Angeles home for $5 million
Music executive Bob Cavallo is seeking nearly $5 million for a hillside property after completing an extensive renovation.
Music executive Bob Cavallo has listed a hillside residence in Los Angeles for just under $5 million, according to the Times of India. Cavallo, who previously managed artists including Prince, Earth, Wind & Fire, and Alanis Morissette, purchased the property in March for $2.75 million.
The 3,762-square-foot house in Nichols Canyon was originally built in 1988. Cavallo reportedly purchased the home for a family member, but decided to renovate the property before putting it back on the market after those plans changed.
The renovation, overseen by Angie Williams of House of Renovo, transformed the Mediterranean-style property into a contemporary retreat. One notable upgrade involved converting an old dumbwaiter shaft into an elevator to help navigate the different levels of the hillside home.
The project included replacing the roof, adding new stucco to the exterior, and redesigning the outdoor space. The backyard now features three distinct zones, including a gravel area with a fire pit, a flagstone patio, and artificial turf surrounding a swimming pool.
Cavallo's career also includes film production for Purple Rain and reorganising Walt Disney's music and concert operations into the Disney Music Group. The property is currently being marketed for nearly $5 million following the extensive upgrades.