Pop star Rihanna has sold her Beverly Hills Post Office-area home for $5.03 million. The house had been listed at $4.5 million in November, substantially less than the $6.9 million she paid two years earlier.
The listing describes the house as a "major fixer" with "extensive damage from moisture and water intrusion" at the roof, windows, doors and balconies. Despite the condition, there were four offers on the property.
The 8,520-square-foot, three-story contemporary contains a den, media room, breakfast area, three fireplaces, eight bedrooms and 10 bathrooms. The gated estate of more than three-quarters of an acre includes a swimming pool.
The four-time Grammy Award winner, 23, is one of the world's top-selling recording artists. She was named 2011's sexiest woman alive by Esquire magazine. Her sixth studio album, "Talk That Talk," was released in November.