Red Hot Chili Peppers bassist Michael Balzary, aka Flea, just picked up a modern “architectural compound.” The musician paid $4.25 million for the property. Which, under the circumstances, seems to be a bargain.

Following three years on the market and several price cuts, the estate owned by artists Lari Pittman and Roy Dowell  is located in North L.A.’s La Crescenta, nestled in the foothills against the Angeles National Forest. It extends to 5.7 acres.

The property contains two residences, and both are knockouts.

The original property is a 1,350-square-foot mid-century modern build known as the Dorothy Serulnic Residence; it dates to 1953, and was designed by modern-minded architect Richard Neutra. It has been carefully restored and updated since last selling in 1998.

The two-bedroom, one-bathroom home boasts a combination living and dining space accented with original built-ins. Floor-to-ceiling windows and glass sliders beautifully blur the lines between indoor and outdoor living.

Former owners Pittman and Dowell had the second residence constructed in 2009. Architect Michael Maltzan is behind this unique, sculptural creation. Almost pinwheel in shape from above, the unique one-bedroom, 1.5-bath idealized modern-style offers a radically different perspective of itself depending where you happen to be standing. It is built around a center courtyard.

The two homes are connected via a long drive. Exterior features include a succulent garden, lawns, and entertainment pavilion.

In 2001, Flea co-founded the Silverlake Conservatory of Music, a non-profit organization for children.