Matthew Perry’s LA Mansion Sees Major $500K Price Drop!

Matthew Perry’s estate has lowered the price of a Los Angeles home that he bought just months before he died last year.

The mid-century house hit the market in May for $5.195 million, Mansion Global reported at the time. After a nearly $500,000 price cut on Friday, it’s now asking $4.7 million.

The “Friends” star bought the home in June of last year for just under $5 million using a limited liability company, property records show, and he died the following October at the age of 54.

Built in 1957, the home is located in the Hollywood Hills above the Sunset Strip and has been renovated with modern updates while embracing the original style, according to the listing with Greg Holcomb of Carolwood Estates.

The single-story home spans nearly 2,800 square feet and wraps around an outdoor patio. There are three bedrooms and four bathrooms, though it’s currently used as a two-bedroom with the third bedroom converted into a screening room, according to the listing.

Other features include hardwood floors, a double-sided fireplace, an updated kitchen, informal and formal dining areas.

The primary suite leads out directly to the patio, which has a pool, a fire pit and a covered seating area.

An autopsy ruled that Perry died from the acute effects of ketamine. Five people, including two doctors and Perry’s assistant, were charged in connection to his death.