The actor Tony Danza, who first gained fame in the sitcom Taxi, has recently had a better time picking real estate investments than he has projects. His most recent foray into small-screen work, Teach: Tony Danza, was cancelled after just seven episodes. Luckily, Danza has something in the bank for a rainy day, or rather, on the beach. The actor bought this Malibu, Calif. beach house back in 1987 for $1.15M, meaning he stands to make a hefty profit if it fetches anywhere near its $9.1M asking price, a profit he will have to share with his soon-to-be-ex wife. This is no overpriced beach shack either. It has 50 feet of beach frontage, 3,000 square feet, and five bedrooms.
· 25000 Malibu Road [Pritchett-Rapf]
· Malibu Digs of Tony Danza Goes on the Market [The Real Estalker]
Sunday, July 31, 2011
Celebrity Real Estate: Soon-To-Be-Divorced Tony Danza Lists Malibu Beach House
× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, July 27, 2011, by Rob Bear
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