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Lori Loughlin, Mossimo Giannulli Looking to Flip L.A. Home for $35 Million

The actress and her designer husband have spent $15 million renovating the 1929 mansion, which has Hollywood history

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Actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, are looking to flip their Bel Air mansion for one-and-a-half times what they paid for it.

The six-bedroom home, owned by actor Charles Bronson in the 1970s and ‘80s, hit the market Thursday for $35 million. Mr. Loughlin and Ms. Giannulli bought the property only two years ago for just under $14 million and have since invested some $15 million into updates, said listing agent Kurt Rappaport of Westside Estate Agency.

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Ms. Loughlin, famous for playing Aunt Becky in sitcom "Full House" and its current reboot, "Fuller House," and Mr. Giannulli, who founded and then sold the Mossimo clothing brand, have lived in the home with their three kids. Mr. Rappaport called Mr. Giannulli a "serial flipper, who has some of the most beautiful homes in Beverly Hills and Bel Air."

The couple has renovated seven homes since they were married nearly two decades ago, according to a feature on the home by Elle Decor.

In this case, they have taken the 1929 shell of the Italianate-style villa and updated it with modern interiors—a trend Mr. Giannulli told Elle he saw in Europe.

They nearly doubled the size of the home to 12,000 square feet, adding a new kitchen and family room with a modern, industrial feel, including concrete floors and geometric iron windows, Elle reported.

The home also has a lap pool and spa views over the Bel Air Country Club golf course, according the listing. There’s ample room for outdoor entertaining, a gym, staff room, a paneled library and five-car garage.

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The home’s Hollywood pedigree extends beyond Ms. Loughlin and Mr. Bronson. Columbia Pictures founder Harry Cohn built the original home—installing a basement speakeasy and the dramatic two-story skylight that still decorates the main entrance, according to Elle. Talent agent Johnny Hyde also lived there at one time, bringing then-struggling starlet Marilyn Monroe to the house before her break out.

A publicist for Ms. Loughlin said she could not comment on the actress’s non-work affairs.