Inside The Manziel L.A. Rental House Party Ragers - VIDEO

Johnny Manziel has started his sobriety with a new Beverly Hills rental and a rip in the crotch of his pants, according to an IG posted by LA Estate Rentals, who works with athletes to place them in offseason L.A. pads. Look at the smile on that face — Football is back!

He’s looking good. The muscle mass is coming back. The eyes are looking cat-like. The teeth seem fine. What could possibly go wrong with sobriety while living in Beverly Hills? It’s a nice quiet place to hangout and get back into football mode while waiting for a team to call. Of course someone will have to call fast since camp starts in like 21 days.

Don’t worry, no bad blood between Johnny and this rental agency.

You might remember how one house owner got mad at Johnny back in April for throwing a rager in a L.A. rental. That was an AirBnB gone bad, according to Johnny. But that’s when he partied. He went sober on July 1 — after the Cabo rager — and is getting back to studying defenses.


9:00 AM PDT 6/30/2016 by Peter Kiefer

This 21,000-square-foot Holmby Hills home is listed at $40 million by The Agency’s Mauricio Umansky and four others.
Marc Angeles/The Agency

Summer means downtime for ballers, NFL stars and celebrities in search of short-term residences, boosting the profile of high-end properties - but not always the value: "I already saw this house on Instagram."

Every year, around Memorial Day, Beverly Hills-based real estate broker Lee Mintz is on the receiving end of a migration of millionaires. This gilded flock mainly consists of professional athletes, largely from the NFL and the NBA, who are eager for a few months of off-season California R&R. Her challenge is finding enough short-term premier listings to meet the burst of demand. The solution: Seek out gems that have sat idle on the market just long enough to make their owners and brokers a bit uncomfortable.

"The houses in Hollywood, Malibu and Beverly Hills are some of the most unique homes in the United States," says Mintz, an agent at Partners Trust who counts Rihanna, Kevin Durant and Ty Lawson as clients. "A lot of these homes have been sitting on the market for a while and can rent anywhere from $30,000 to $150,000 a month. So why wouldn't you do it?"

Michael shares the listing on this Sunset View Drive five-bedroom with an open floor plan, three-car garage and patio with full bar and outdoor bed. ($120K/month)

Take 1232 Sunset Plaza Drive: The three-structure Hagy Belzberg-designed estate has been listed for sale at $29.9 million for more than a year; now it can be yours for a cool $85,000 a month. Several miles south, you might opt for the eight-bedroom, 11-bath 200 Delfern Drive. The Mediterranean-style house hit the market in October for $45 million and now can be leased for $150,000 a month. The Agency's David Parnes, one of the property's listing agents, says inquiries are coming from high-net-worth individuals from Europe and the Middle East, the type of client who often travels with a large group. With a house, "they get more space and much more privacy [than at a hotel]," he says. "So it makes a lot of sense, even at these prices." Patrick Michael, founder and CEO of LA Estate Rental, says he recently showed a Beverly Park property asking more than $400,000 a month to a foreign dignitary.

The question is how these high-net-worth, often high-profile tenants can affect a home's ultimate sale. "For certain buyers, mostly foreign buyers and some of the new tech-money buyers, having a celebrity tenant associated with a listing can help market the property," says Cory Sheldon, an agent at Keller Williams who also manages some of his family's properties in the Hollywood Hills. "But for people who have lived in L.A. long enough, that sort of celebrity factor doesn't really move the needle."

For starters, tenant-inflicted wear and tear can be daunting, even if the name on the lease is an A-lister's. "Certain tenants can sometimes feel entitled because they are paying so much money, so they break the rules," says Michael, whose firm has found short-term housing for Dr. Dre and One Direction.

"If I have a client who is looking to sell their home and it is in the $10 million-to-$20 million range, my advice to them is to not rent it out," says Beverly Hills-based real estate broker Jill Epstein. "It hurts them because they are not selling a brand-new home anymore. Someone is going to be using those appliances; someone is going to be sitting on that toilet."

Beyonce and Jay Z reportedly leased this Holmby Hills spread for a month in 2014, when it was listed at $48 million. It sold in December for $30 million. ($200K/month)

And a star stay might not help market a property. After a string of visible tenants including Justin Bieber leased 6425 Weidlake Drive for $29,500 a month, the Hollywood Hills party house was listed for $50 million and hasn't yet sold. After Paris Hilton vacated her crash pad on PCH in Malibu, which she leased for $60,000 a month, it hit the market for $9 million. That house hasn't sold either. Not far from there, Caitlyn Jenner leased a house on Broad Beach for $14,500 a month in 2014. The property previously had been on the market for $5.5 million; after Jenner moved out it ultimately sold for $5.7 million, hardly a significant premium.

Another celebrity tenant risk: overexposure. A star who displays a rented pad frequently to a large social media following quickly can erode the prestige and exclusivity of a luxury home — a phenomenon Mintz has seen with increasing frequency. "I have clients tour a listing, and they'll say, 'I already saw this house on Instagram,' " she says. "If you have too much exposure, the house loses its quality."

This story first appeared in the July 15 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe.

RIHANNA Moving Out of Stalker-Plagued, Burglarized L.A. Mansion


Rihanna's personal realtors Lee Mintz and Patrick Michael (L.A. Estate Rentals) also tell us, it's true ... Rihanna scrammed to avoid any further incidents.

There are moving trucks at Rihanna's Pacific Palisades house right now ... taking all of her stuff away after what amounts to a crime spree on her property.

Trespassers, stalkers and attempted burglars have all been arrested at or near the property over the last few months.

A source close to Rihanna tells TMZ ... the singer hasn't been at the house for more than 2 months, but the last of her stuff is being taken away today.

The source wanted us to do the story ... to spread the word to would-be criminals -- SHE'S GONE.

As for where Rihanna is going, we're told she's getting another place in L.A., but she'll be spending most of her time in New York.