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.
The 1940s property sits on nearly two acres and includes a tennis court, swimming pool and guesthouse.
(Rodeo Realty)
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
While competing in the NBA bubble, Lakers star LeBron James closed a deal across the country, dropping $36.75 million on a 90210 estate owned by late soap opera creator Lee Phillip Bell.
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.
The 2.5-acre spread centers on a Mediterranean-style mansion of about 9,100 square feet.
(Jim Bartsch)
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 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.