Musician and onetime ABC 'Bachelor' Bob Guiney and soap opera actress wife Rebecca Budig sell house in Los Angeles' Hollywood Hills East neighborhood to her parents for $1,110,500

Musician Bob Guiney, who in the fall of 2003 starred in season four of ABC’s ‘The Bachelor,’ and his soap opera actress wife Rebecca Budig have sold their 1,384-square-foot house in Los Angeles’ Hollywood Hills East neighborhood to Budig’s parents for $1,110,500, according to public records.

budig-and-guiney.jpg

In a Big Time Listings exclusive, we can report on the sale of the two-bedroom house on Lindo Street, which was built in 1936 and which is just a ways northwest of the Hollywood Reservoir, according to public records.

In an interesting twist, Guiney and Budig only purchased the house in October 2006 for $1,076,000, according to public records. It’s unclear why they turned around and sold the house to Budig’s parents so quickly after buying it, but public records suggest that a two-sale process had been the plan all along, possibly for financial or career-related reasons. Given Guiney’s budding music career, the house probably is a part-time or a full-time residence for Budig’s parents, and it’s also probably a decent crash pad for Guiney and Budig when they’re in L.A. Guiney’s website states that he is ‘splitting’ time between New York and Los Angeles.

The house has two baths and sits on a very small, 0.11-acre lot, according to public records.

The house and the neighborhood have had no shortage of celebrity power. Guiney and Budig had purchased the house last fall from soap opera actor Greg Rikaart, who is a regular on ‘The Young and the Restless.’ Rikaart had purchased the house in 2004 for $895,000, according to public records. Rikaart now lives literally next door, having paid $865,000 last fall for the house that’s immediately west of the place he sold to Guiney and Budig, according to public records.

By Bob Goldsborough at 14 June, 2007, 5:09 am

Berg Properties is licensed in Illinois, Texas, Minnesota and Missouri.

Categories : Music Icons
You may also like

Comments
Olga 28 February 2011

The Citrus house is for her parent and her brother Todd and Jennifer live in the Gardner house. She is being a good daughter and sharing the wealth with the family.

Derek 7 March 2011

Alpharetta GA. North East suburb of Atlanta and same neighborhood where Lori Lynn lives.

Greg 9 March 2011

Didn’t American Idol mean man Simon Cowell bail out Miss Barrino’s cash strapped real estate ass?

Greg 9 March 2011

I would so purchase Whitney Houston’s 8,022-square-foot Alpharetta, Ga home. I would also purchase her home on North Gate Road in Mendham Township, NJ…

janette 22 May 2011

what is it with people and big houses like if only 2 or 3 people live in there then whats the point if having 30 rooms and 20 bathrooms????!!!!

janette 22 May 2011

i agree with olga but why dou need a big house just to be known as the cool one u still could be cool without a big house!!!!!!!!!!!

Ben Chandler 25 May 2011

SongWrite You know a great song when you hear one, so why can it seem so hard to write one? How is it that some songwriters can crank out classic hit after hit, while others struggle to write one single decent song?

Reefeater 31 May 2011

What’s wrong with having a big house if you can afford it? Just because you live by yourself or with one other person instead of six doesn’t mean you should be in a smaller place; that doesn’t make any sense. People, by nature, need space.

rick 2 July 2011

If Dido comes with it I will take it!

Chris wants a room 3 July 2011

how do you modivate a nasty room mate to help clean the house?

manuel murillo ayon 13 July 2011

hey this is manuel from somerton arizona i like your songs your movies and i just to say hie and make more songs i already saw the video u did in miami and it was so colll and the ferrari and lamburging

Charles Volcher 15 August 2011

Does anyone know the amount the apartment is worth now

fatriff 21 August 2011

“how do you modivate a nasty room mate to help clean the house?”

It would probably help if you learned how to spell motivate 1st.. No wonder they aren’t helping when they don’t have a clue what your talking about!

christina smith 10 October 2011

I loved U Miss Ross U have a beautiful House. I wish i could live in it with u. You are my idol. I listen to all your songs. I wish i have the money to buy it.. Leave the house for your grandchild. There is nothing having a big house. U work hard making movies and singing from your heart. U desire the best. keep doing your thing U are so beatiful. God Bless U

Charles Owends 17 November 2011

I am would like to see more of this house and also I would like to know how much taxes on this house I like more pictures I am looking to make a offer

Kasey 7 January 2012

Actually it wasn’t just two people. Nikki had three kids from a previous marriage who visited often and she had her son who lived with her, plus their had a child together. So they needed more than enough room.

Kasey 7 January 2012

Plus “they” had a child together. Forgive my spelling error

Leave a comment