Robert Rizzo's home on the market; 'stigma' could make for tough sale
The man at the center of Bell's pay scandal recently put his upscale Huntington Beach home on the market.
Former City Administrator Robert Rizzo is asking $979,000 for the four-bedroom, three-and-a-half bath home.
Rizzo’s selling agent, Bill Cuppy of Pier Realty, confirmed the listing.
“The house is a killer,” he said.
The two-story, 3,250-square-foot home at 1935 Lake St. is situated in one of Huntington Beach’s most affluent residential areas. Homes in that area, which is near City Hall and the tony Seacliff area, range from the mid-$700,000s to the mid-$2 millions, Cuppy said.
Cuppy was also Rizzo’s agent when he bought the house in 2007. He paid $1.13 million, public records show.
Most of the furniture was moved out Friday, but some items remain while prospective buyers peruse the house. The house is expected to be ready for viewing in about 10 days, Cuppy said.
Cuppy said he doesn't know where Rizzo plans to relocate. He said it appears that the embattled former city manager is getting his finances in order before the beginning of his trial on public corruption charges.
No offers have been made so far, but Cuppy said he has received many calls from interested buyers.
“I would hope there wouldn’t be any stigma associated with the house,” he said. “The house is a great house. We’re not selling Bob. We’re selling the house.”
-- Mona Shadia, Times Community News
Photo: Former Bell city manager Robert Rizzo is arrested at his Huntington Beach home on Sept. 21, 2010. Credit: Robert Lachman / Los Angeles Times