The longtime actor was forced to take out an eight-figure loan after blowing millions on litigation with Amber Heard and other reckless spending.
Johnny Depp was this close to losing two of his homes in West Hollywood — but was able to take out a $10 million loan to save them.
Records show that his smaller house on N. Sweetzer Avenue, which faced foreclosure back in 2016 in the amount of $4.28 million, was in full reconveyance after the actor paid what was due. Depp took out the massive loan back in March on the other home — known for its uncanny resemblance to a gothic replica of a Bavarian castle.Depp was forced to take out the eight-figure home loan with City National Bank — nicknamed the “bank to the stars” for its bumper borrowing deals to A-listers — after blowing his $650 million fortune on litigation with Amber Heard and other reckless spending.
Occupying 7,430 square feet, the property takes after a set of a horror movie, replete with turrets and towers.Johnny Depp’s castle-like property sits on 2.6 acres of land.The property holds eight bedrooms and 10 bathrooms.Near the storied Sunset Strip, it’s virtually hidden from view — located on a cul-de-sac, behind lush foliage and trees planted for privacy. All that can be seen from street level is the front gate.
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