VANDERPUMP Rules star Lala Kent’s ex Randall Emmett has slashed the price of the Beverly Hills mansion they both shared as he faces foreclosure after defaulting on the mortgage.
The US Sun can exclusively reveal the controversial director, who features in a new bombshell documentary about his alleged bad behavior, owes a hefty sum on the property.
Randall, 52, bought the 4,300-square-foot mansion for $3,925,000 in 2017 and took out a mortgage of $2,575,000, according to realtor.com, which first reported the foreclosure.
Lender Oakhurst Income Fund I LP filed a notice in January claiming he needs to hand over $51,759.17, according to documents seen by The US Sun.
The filing reads: “If your property is in foreclosure because you are behind in your payments it may be sold without any court action.”
A further notice was filed in February claiming he owed a sum of more than $1.2 million, and another in March by lender Citadel Financial Services, LLC, with an amount listed of $571,043.76.
Earlier this month, yet another notice was then filed by Oakhurst Income Fund I LP alleging it owes $36,053.78.
Information on further loans and the total owed is currently unknown as he desperately tries to unload the property.
The lavish property, featured in the Bravo series, is listed for $4.75million a huge drop of $1,545,000 since it first hit the market in May last year.
The renovation for the house on Mulholland Drive was featured on an episode of Bravo’s Flipping Out with interior designer Jeff Lewis.
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According to the online description, it offers: “Beautiful views of the canyons, mountains and peak-a-boo view to the ocean.”
The two story home has four bedrooms each with their own en-suite bathrooms plus a powder room.
The outdoor space also boasts a pool and spa, a newly-resurfaced pickle ball court, featured in scenes on Vanderpump Rules, along with a built-in barbecue and lounge area.
Judging by posts on Randall’s Instagram account, he is still living at the lavish home, but tours are being provided by Coldwell Banker Realty who are looking after the listing.
Randall and ex Lala split in October 2021 after being engaged for three years, following accusations that he cheated on her with multiple women.
They lived at the property together with their daughter Ocean, now two, and Lala quickly moved out of the home.
The under-fire businessman, who is facing mounting debt and lawsuits with accusations of workplace abuse, also shares daughters London, 12, and Rylee, nine, with his ex Ambyr Childer.
His ex Ambyr had made multiple attempts at obtaining a restraining order against Randall, but they have been dismissed – the last one was dismissed at the end of January.
A new Hulu documentary, The Randall Scandal: Love, Loathing, and Vanderpump, drops on May 22 and delves into multiple accusations against the film mogul which have seen his business empire crumble, along with his family life.
The show “charts the unbelievable tale of B-movie mogul Randall Emmett who rose to fame on the heels of his engagement to Bravo megastar Lala Kent,” according to the online description.
“When their relationship publicly collapses and a bitter custody dispute ensues, Randall is caught up in a swarm of bombshell accusations and lawsuits that rock Hollywood and the Bravo-verse.”
The shocking claims first came to light in an expose in the Los Angeles Times in June 2022, the fallout from which resulted in the drama on Vanderpump Rules.
Randall has worked with the likes of Martin Scorsese, Bruce Willis, and 50 Cent, who was the first to call the producer out on social media claiming he owed him money.
The producer has already broken his silence on the new documentary, issuing a statement to Page Six in which he slammed the film and his ex Lala.
He branded the initial article in the Los Angeles Times a “highly biased and factually inaccurate hit piece on me.”