Block­buster sale in Bel-Air set for se­quel

Homes of a stu­dio ex­ec­u­tive and a star of “Grey’s Anatomy” fig­ured into last­week’s top residential real es­tate sales in the greater Los An­ge­les area.

Los Angeles Times - - HOT PROPERTY - Neal.leit­ Twit­ter: @NJLeit­ereg

$25mil­lion — Bel-Air

Para­mount Pic­tures Chief Ex­ec­u­tive Brad Grey sold his 10,616-square-foot home to hos­pi­tal­ity mogul Sam Nazar­ian for $25 mil­lion in an off-mar­ket trans­ac­tion. Nazar­ian, who founded the night­club and res­tau­rant em­pire SBE En­ter­tain­ment, turned around and im­me­di­ately listed the prop­erty in the 300 block of Copa de Oro Road for sale at $33.5 mil­lion.

Oc­cu­py­ing1.12 acres, the gated es­tate in­cludes a sep­a­rate se­cu­rity of­fice, a pi­lates stu­dio, for­mal gar­dens, large ex­panses of lawn and a swimming pool and spa.

Grey bought the house in 2009 for $22 mil­lion. He­had asked as­much as $27.5 mil­lion for the prop­erty last year.

Kurt Rap­pa­port of West­side Es­tate Agency han­dled the re­cent sale and holds the cur­rent list­ing for Nazar­ian.

$19.9 mil­lion — Mal­ibu

An ocean front villa on more than an acre in the 29000 block of Cliff­side Drive sold for $19.9 mil­lion, down­more than15% from the ask­ing price—$23.75 mil­lion.

The Euro­pean-inspired res­i­dence on a bluff above Point Dume has six bed­rooms and 8.5 bath­rooms in 7,674 square feet of space. Two sto­ries take in un­ob­structed ocean views.

James Whalen of Sotheby’s In­ter­na­tional Realty was the list­ing agent. Mia Trudeau of Hil­ton& Hy­land, an af­fil­i­ate of Christie’s In­ter­na­tional Realty, rep­re­sented the buyer.

$17.75 mil­lion — Bev­erly Hills

In the1300 block of Park Way, a con­tem­po­rary-style home that came on the mar­ket in March for $23.5 mil­lion sold for $17.75 mil­lion.

The 9,000-square-foot house, built in 2013, has six bed­rooms, eight bath­rooms, an el­e­va­tor, a bil­liards roomand a home theater across three sto­ries. An out­door kitchen, mul­ti­ple pa­tios and a swimming pool with a spa make up the nearly half-an-acre grounds.

Rachel Maslan of Hil­ton & Hy­land was the list­ing agent. Joseph Baba­jian of Rodeo Realty rep­re­sented the buyer.

$15 mil­lion — Mal­ibu

Ac­tor Pa­trick Dempsey of “Grey’s Anatomy” sold his Frank Gehry-de­signed com­pound in the 29000 block of Cuth­bert Road for $15 mil­lion—$500,000 above the ask­ing price.

The 3.23-acre prop­erty, with a rock-climb­ing wall, an open area kitchen and an­i­mal coops and hutches, cen­ters on a Mod­ern-style house clad in cor­ru­gated me­tal that­was built for ab­stract pain­ter Ron Davis in the 1970s.

Dempsey and wife Jil­lian Fink, who are in the process of di­vorc­ing, bought the house in 2009 for $7 mil­lion.

Brett Lawyer of Hil­ton& Hy­land and Christo­pher Cor­tazzo of Cold­well Banker are the list­ing agents. Ladd Jack­son, also of Hil­ton & Hy­land, rep­re­sented the buyer in the sale.

$13.995 mil­lion — Bel-Air

Ac­tress Lori Lough­lin and her hus­band, fash­ion de­signer Mos­simo Gian­nulli, paid $13.995 mil­lion for a home in the100 block of Udine Way.

The neo-clas­si­cal Mediter­ranean, de­signed by Roland E. Coate and built in 1929, was once owned by ac­tor Charles Bron­son and his sec­ond wife, English ac­tress and singer Jill Ire­land. The12,000 square feet of liv­ing space in­cludes grand for­mal ar­eas, high cof­fered ceil­ings and a wine room with stor­age for about 5,000 bot­tles.

The home, which came on the mar­ket last year for $19.75 mil­lion, pre­vi­ously went for about $3.3 mil­lion in1996.

Last month, Lough­lin and Gian­nulli sold their Bev­erly Hills home of five years for about $18.2 mil­lion in an off-mar­ket deal.

Richard Ehrlich and Stephen Shapiro of West side Es­tate Agency were the list­ing agents. Ron de Salvo of Cold­well Banker rep­re­sented Lough­lin and Gian­nulli.

$7.9 mil­lion — Pa­los Verdes Es­tates

A7,465-square-foot home in the 600 block of Via Horquilla sold for $99,000 less than the ask­ing price in about10 days.

Set above the Pa­los Verdes Golf Course, the Mediter­ranean-style house is high­lighted by a two-story en­try, a media room, a wine­tast­ing roomand a three­stop el­e­va­tor. Grounds of more than half an acre cen­ter on city and ocean views.

Chris Ad­lam of Vista Sotheby’s In­ter­na­tional Realty is the list­ing agent. Lau­ren Yoon of Re/Max Es­tate Prop­er­ties rep­re­sented the buyer.

These are the top residential real es­tate sales re­ported on the com­bined L.A./West­side Mul­ti­ple List­ing Ser­vice for the pe­riod be­gin­ning June 7 to June13.

West­side Es­tate Agency

NIGHT­CLUB MOGUL Sam Nazar­ian bought this Bel-Air home for $25 mil­lion, then listed it for sale.


THIS BEL-AIR HOME was once owned by ac­tor Charles Bron­son and his sec­ond wife, Jill Ire­land.

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