Meet the Nepo Babies Who Are Buying $3 Million L.A. “Starter Homes”

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Presley Gerber and John Owen Lowe — the scions of Cindy Crawford and Rande Gerber, and Rob Lowe (respectively) — lead a next-generation home-purchasing spree in Los Angeles.

Early homeownership long has been part of the American dream. But in Los Angeles, Hollywood nepo babies are often buying more than a modest one-story ranch. “Think of them as a starter home,” says Paul Lester, a partner at The Agency. “But a starter home in some other community somewhere in the States is a lot different than what we’re talking about — it’s a starter home of $3 million to $4 million.

Case in point: Don Henley purchased his 20-something son, Will, an eco-friendly, open-concept starter home in Mar Vista last year for

 

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