A good fit for Guess co-founder
Fashion designer pays $37.5 million for a contemporary estate in Beverly Hills.
Maurice Marciano, the fashion designer best known for co-founding clothing brand Guess Inc. with his brothers in the 1980s, just shelled out $37.5 million for a newly remodeled mansion in Beverly Hills — one of the priciest deals the city has seen so far this year.
Records show he bought the home through his limited liability company, Beverly Financial Holdings.
It’s less than a mile from his old place, a Paul McClean-designed home in Trousdale Estates that he’s currently shopping around for $27.5 million.
The seller is real estate agent Fred Bernstein of Westside Estate Agency, who doubled as a developer and bought the property for $12.25 million in 2016 from Megan Ellison, the film producer and daughter of billionaire Larry Ellison.
Listing photos show that Bernstein preserved the home’s original style while adding 3,000 square feet in the years since.
Finished this year, the single-story residence is a contemporary concoction of limestone, marble, oak, steel and glass.
Five bedrooms and eight bathrooms are spread across 9,300 square feet. Highlights include a library, gym and media room.
A floating entry approaches the home, leading into a vast open floor plan topped by wood ceilings and angled skylights.
Pocketing doors open out back, where patios and lawns surround a swimming pool and spa. The grounds cover just under an acre.
According to the Multiple Listing Service, the sale officially closed at $35.5 million with additional furnishings adding $2 million, bringing the price per square foot to $4,032.
That’s Beverly Hills’ highest price per square foot since April 2021, when Ellen DeGeneres unloaded her 10,376-square-foot mansion for $47 million — or $4,530 per square foot.
The mammoth sale is a shot in the arm for Beverly Hills, which has seen its usual slate of $20-million real estate sales in 2022 but hasn’t quite reached the staggering sums of its neighbors such as Bel-Air or Beverly Park.
Bernstein and Ethan Peskowitz, both with Westside Estate Agency, held the listing.
Kurt Rappaport, also with Westside, represented Marciano.
A regular in real estate headlines, Marciano last made waves in 2015 when he sold his Bel-Air mega-mansion to casino mogul Steve Wynn for $47.85 million.
Wynn is currently aiming for $100 million for the prized property.
DeVito and Perlman offer hillside perch
Over the last decade, actors Danny DeVito and Rhea Perlman have amassed an impressive real estate collection across Los Angeles with homes in hip neighborhoods such as Silver Lake, Los Feliz and Hollywood Hills.
Now, the pair are looking to cut one loose, listing their scenic home in Mount Washington for $1.55 million.
Records show the pair, who married in 1982 but have since separated, bought the property in 2018 for $1.3 million.
Spanning three stories on a hillside lot, the loft-like residence takes in sweeping views of the city and canyon through walls of windows and multiple decks.
Warm woods mix with white walls in the 1,864square-foot floor plan, which holds two bedrooms, three bathrooms, a lounge and loggia room.
The most impressive space comes in the twostory living room with custom built-ins and a black tile fireplace.
The property includes a second parcel, and the pair combine for roughly half an acre.
Paul Lester and Aileen Comora of the Agency hold the listing.
Devito, 77, has starred in dozens of films over the last five decades, with standout roles in “Matilda,” “Twins” and “Batman Returns.” More recently, he plays Frank Reynolds in the sitcom “It’s Always Sunny in Philadelphia.”
Perlman, 74, won four Emmy Awards for her role in the iconic sitcom “Cheers.” On the film side, she appeared in “Canadian Bacon,” “Matilda” and “The Sessions.”