Lori Loughlin and Mossimo Giannulli have shed their massive Los Angeles estate, but they aren't cashing in like they'd hoped from the sale.
According to TMZ, the couple sold the Bel-Air home to Tinder co-founder Justin Mateen for $18,750,000, which is about $10 million less than what the embattled duo wanted.
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In January, Lori and Mossimo listed their house for $28,650,000. In 2017, they listed that same home for $35 million but never got a buyer.
After the duo put the estate on the market earlier this year, TMZ reported the sale had nothing to do with the couple's legal battles — they reportedly planned to renovate and flip the house for a payout.
"They've done this for years, selling the family home every three to fives," the webloid said.
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The 12,000-square-foot home is spectacular, featuring six bedrooms and nine bathrooms. It's also located in one of the most exclusive areas of Los Angeles.
Real estate records show that Lori and Mossimo bought the estate in 2015 for $13.9 million, so they still may have turned a profit, depending on how much they spent renovating the home over five years.
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The home sale comes just more than two months after Lori and Mossimo formally pleaded guilty in their college admissions cheating scandal case. The admission of guilt was part of a plea deal with prosecutors. (They both pleaded guilty to one count of conspiracy to commit wire and mail fraud, and Mossimo also pleaded guilty to honest services wire and mail fraud.)
The pleas were a major switch for the former "Full House" actress and her designer husband, who last year pleaded not guilty after they were arrested for allegedly paying a $500,000 bribe to get their daughters into the University of Southern California as crew team recruits despite neither girl participating in the sport.
The couple is still awaiting their formal sentencing, but under the terms of the deal, Lori will serve two months in prison and two years of supervised release, do 100 hours of community service and pay a $150,000 fine. Mossimo will serve more time behind bars — five months — plus two years of supervised release, pay a $250,000 fine and complete 250 hours of community service.