Jovan Vavic and his now-former home in Rancho Palos Verdes
A decorated former USC water polo coach allegedly involved in a widespread college admissions scandal has sold his Rancho Palos Verdes home.
Jovan Vavic sold his 3,200-square-foot Mediterranean-style home for $2.5 million, according to the Los Angeles Times.
The former coach purchased his home in 2004 for a hair more than $1 million and undertook a complete renovation. The home has four bedrooms and three-and-a-half bathrooms. The backyard has views of the Pacific Ocean and Catalina Island.
Vavic put the home on the market in April, a month after federal prosecutors indicted him and several others at schools across L.A. in a racketeering conspiracy.
Vavic is accused of accepting $250,000 in bribes from alleged mastermind Rick Singer to accept the children of Singer’s clients as athletes, even though they weren’t, to take advantage of the relaxed academic admissions standards for athletes.
Prosecutors allege that wealthy individuals paid Singer a collective $25 million over the last several years to get their children into elite schools using the scheme. Parents charged in the scheme include actress Lori Loughlin and Bay Area real estate developer Bruce Isackson.
Former UCLA men’s soccer coach Jorge Salcedo, who allegedly also accepted bribes similar to Vavic, listed his home in Century City shortly after the federal indictments. [LAT] —Dennis Lynch