STUDIO CITY—Steven Adler, 50, the original drummer of the hard rock band, Guns N’ Roses, has purchased a home in Studio City for $1,337,500. The property previously sold in 1988 for $475,000.
The three-bedroom, three-bathroom English country style house was built in 1942 and has over 2,700 square feet of living space.
The Los Angeles Times reports that one of the two master suites features a cobblestone fireplace, a sitting room and vaulted ceilings.
In 1990, Adler had to leave Guns N’ Roses because his heroin addiction became so severe that he was unable to perform on par with his band mates. In July 1991, Adler sued his former band members claiming that his detox medication was to blame for his poor concentration and that his contract was misrepresented, and illegally dissolved his financial interest in the band.
In 1993, the band agreed to pay Adler $2,250,000 in a back-payment and granted him 15 percent of the royalties for everything he recorded prior to his departure.
Andrew Manning of Berkshire Hathaway HomeServices was the listing agent of the property. Lori Shelton of John Aaroe Group represented Adler.