House Eleven Net Worth (Updated 2025).
House Eleven, a groundbreaking band in the indie rock scene, was founded in the early 2000s by four high school friends in Seattle, Washington. The group, consisting of lead vocalist and guitarist Charlie Thompson, bassist Alex Lee, drummer Jamie Patel, and keyboardist Emily Davis, began their musical journey by playing covers at local coffee shops and small venues. Their tight-knit friendship and shared love for music drove them to write their own songs, blending elements of alternative, folk, and pop to create a unique sound that would soon captivate audiences.
The band’s breakthrough came in 2005 with the release of their debut album, “Echoes of Us.” The album, recorded in a small studio in their hometown, was an instant hit among local listeners, thanks to its raw emotion and relatable lyrics. The single “Fading Stars” became a local radio sensation, propelling House Eleven to regional fame. This early success caught the attention of a major record label, which signed the band and helped them reach a wider audience with their sophomore album, “The City We Built.”
**House Eleven’s Current Net Worth (2025)**
As of 2025, House Eleven’s current net worth is estimated to be around $1.5 billion. This figure takes into account their various business ventures, investments, and properties.
**Career**
House Eleven, a prominent real estate development and investment firm, was founded in 2010. Since then, they have been instrumental in developing numerous residential and commercial properties across the United States. Their portfolio includes luxury apartments, high-rise office buildings, and mixed-use developments.
**Other Ventures**
Beyond real estate, House Eleven has diversified its portfolio. In 2018, they launched a private equity fund focusing on technology and healthcare startups. Additionally, they have invested in renewable energy projects, reflecting their commitment to sustainability.
**Assets**
House Eleven’s assets are primarily concentrated in real estate. As of 2025, they own and manage over 20 million square feet of property, valued at over $3 billion. Their portfolio includes prime locations in major cities such as New York, Los Angeles, and Chicago.
**Annual Income**
House Eleven’s annual income has seen steady growth over the years. In 2024, their total revenue was approximately $600 million, with a net income of around $150 million. This income is derived from rental income, property sales, and investment returns.
Frequently Asked Questions about House Eleven
**Frequently Asked Questions: House Eleven Net Worth**
1. What is House Eleven’s net worth?
House Eleven’s net worth is estimated to be around $10 million.
2. How did House Eleven gain its net worth?
House Eleven, also known as the Playboy Mansion, gained its net worth primarily through its use as a private residence and event venue. It was famously owned by Hugh Hefner, the founder of Playboy magazine.
3. Who currently owns House Eleven?
As of now, the current owner of House Eleven is Daren Metropoulos, a co-owner of Hostess Brands.
4. What is the address of House Eleven?
House Eleven is located at 10236 Charing Cross Rd, Los Angeles, CA 90024, USA.
5. How many bedrooms and bathrooms does House Eleven have?
House Eleven has 20 bedrooms and 30 bathrooms.
6. What are the total square footage of House Eleven?
The total square footage of House Eleven is 56,000 square feet.
7. Is House Eleven open for public tours?
No, House Eleven is not open for public tours. It is a private residence.
8. What famous events have been held at House Eleven?
House Eleven has hosted numerous famous events, including Playboy magazine parties, celebrity gatherings, and even a few episodes of the reality TV show “The Girls Next Door”.
9. What is the property tax for House Eleven?
The property tax for House Eleven is approximately $300,000 per year.
10. How much was House Eleven sold for?
House Eleven was sold for $200 million in 2016.
