A Lakers star and a power couple bought Beverly Hills homes in September, keeping L.A.’s ultra-luxury market chugging along after a red-hot summer. Here’s a closer look at the priciest deals that went down in L.A. County last month.
$39.15 million — Beverly Hills
Near the Beverly Hills Flats, one of the largest estates ever offered in the community fetched one of the biggest prices: $39.15 million.
The home was owned by Joshua Greer, founder of RealD Inc., which is known for RealD 3D, a system used in movie theaters. He sold it to a trust tied to an East Coast investor, records show.
Spanning two acres, the tree-filled grounds center on a 1940s home with Old Hollywood style across 9,000 square feet. Inside, there’s a dining room with leather-covered walls, a bright red game room and a yoga studio. A guesthouse, swimming pool, tennis court and pavilion complete the property.
Josh Flagg of Josh Flagg Estates held the listing. Fred Bernstein of Westside Estate Agency represented the buyer.
$36.75 million — Beverly Hills
The Mediterranean mansion first hit the market in April for $39 million, records show. It’s James’ third L.A. home; he also owns a pair of properties in Brentwood — one that he bought for $21 million in 2017 and another that he picked up two years later for $23 million.
Claiming 2.5 acres with sweeping city views, the 1930s home was updated during Bell’s ownership and includes a screening room, indoor-outdoor living room, and dining room under pyramid skylights. The grounds tack on a flagstone courtyard, motor court with palm trees, swimming pool, pool house and tennis court.
Richard Hilton and Jeff Hyland of Hilton & Hyland held the listing.
$26 million — Bel-Air
Bel-Air’s highest sale of September was a Mediterranean villa near Bel-Air Country Club that sold for $26 million in an off-market deal.
Records identify the seller as Chris Parker, founder of AsianLogic, an investor and operator in the gaming industry. He turned a big profit, having paid $18.5 million for the property in 2014.
Approached by a long, winding driveway, the home spans about 12,000 square feet with seven bedrooms and 11 bathrooms. A bevy of French doors open out back, where a manicured lawn surrounds a swimming pool and spa.
Drew Fenton of Hilton & Hyland held the listing with Michael Fenton of Compass. Blair Chang of the Agency represented the buyer.
$20 million — Malibu
Malibu saw its third-highest on-market sale of the year in September when luxury real estate agent Chris Cortazzo dropped $20 million on a sleek oceanfront home. It had been listed earlier this year at $23.5 million.
Covering an acre on a bluff in Point Dume, the property makes the most of its space with a main house, guesthouse, swimming pool, bocce court, and multiple lawns and lookouts to enjoy the view.
Greenhouse-style windows blanket the home. Other highlights include a living room with a dome fireplace and a kitchen with a long, curving breakfast bar. Decks, walkways and staircases navigate the coastal grounds.
Cortazzo, an agent with Compass, also held the listing.
$17.7 million — Bel-Air
The price just kept plummeting for this Bel-Air abode, which hit the market at $27 million last spring. After it resurfaced for sale at $18.9 million in May, Darius Mir, founder of office furniture manufacturing company 9to5, bought it for $17.7 million, records show.
Boasting a modern style with Midcentury influences, the 9,500-square-foot floor plan has clean lines, glass walls and a few splashes of color across two stories.
A gated motor court with a three-car garage fills out the front. In back, the half-acre property includes a grassy yard, swimming pool, spa and outdoor kitchen.
Aaron Kirman of Compass and Steve Frankel of Coldwell Banker Realty held the listing. Anthony Marguleas of Amalfi Estates represented the buyer.
$17.5 million — Beverly Hills
John Legend and Chrissy Teigen upgraded homes in the 90210, shelling out $17.5 million for an ultra-modern mansion in the Benedict Canyon neighborhood. That’s about $1.2 million less than the original asking price, according to the Multiple Listing Service.
At 10,700 square feet, the custom-built home is a bit bigger than the power couple’s other place: an 8,500-square-foot spot that’s currently on the market for $23.95 million.
The exterior. (Realtor.com)
The motor court. (Realtor.com)
The living room. (Realtor.com)
The dining room. (Realtor.com)
The kitchen. (Realtor.com)
The indoor-outdoor lounge. (Realtor.com)
The pool. (Realtor.com)
The lawn. (Realtor.com)
The primary bedroom. (Realtor.com)
The office. (Realtor.com)
The theater. (Realtor.com)
The cabana. (Realtor.com)
The sunken fire pit. (Realtor.com)
The backyard. (Realtor.com)
The modern mansion. (Realtor.com)
The box-like structure emphasizes indoor-outdoor living, as walls of glass line a vast open floor plan with a double-island kitchen and multiple lounges. Upstairs, the owner’s suite opens to a private deck with city, ocean and canyon views.
Sally Forster Jones of Compass held the listing. Marshall Peck of Douglas Elliman represented the buyer.