BUSINESS
February 20, 2013 | By Lauren Beale, Los Angeles Times
Word is out that financier Gary Winnick is quietly floating his storied estate in Bel-Air for sale at $225 million. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock. The $94-million deal, which involved the telecom mogul ponying up a parcel of land, stood as the highest-priced home sale in California for years. Although a seller can ask any amount for a property, the 8.4-acre trophy home is for sale at the right price, said a person familiar with Winnick's real estate dealings who wasn't authorized to speak publicly.
SPORTS
February 19, 2013 | By Houston Mitchell
Oscar Pistorius appeared in a South African court on Tuesday facing charges that he shot and killed his girlfriend, Reeva Steenkamp, on Valentine's Day. Pistorius said that he thought Steenkamp was a burglar and he shot her under that assumption. Prosecutors say he knew it was Steenkamp, who was locked in a bathroom at the time of the shooting. Here, supplied by the Associated Press, are excerpts from the affidavit made by Pistorius and read in court during Pistorius' bail hearing by senior defense lawyer Barry Roux in a bail hearing Tuesday.
BUSINESS
February 16, 2013 | By Lauren Beale
A condominium in San Pedro listed at $399,000 was marketed as having a designer kitchen, but it seems the Louis Vuitton-like bathroom was the showstopper. The walls and ceiling of one of the 1,429-square-foot unit's three bathrooms were hand-painted with a likeness of the Louis Vuitton logo. One potential buyer who wrote an offer had their agent tell listing agent Maggie Ding how much they adored the powder room. The couple did not end up getting the home. “Overall, we noticed people loved it or hated it,” said Ding of Re/Max Estate Properties.
BUSINESS
January 22, 2013 | By Lauren Beale, Los Angeles Times
Tennis superstar Serena Williams has listed a Westwood condo for sale at $1.85 million. The Wilshire Corridor building, constructed in 2001, offers concierge service, a valet, a pool and spa and a gym. The open-plan unit features city views, two bedrooms, 3.5 bathrooms, a den/office, a fireplace, balconies and a direct-access elevator. Williams, 31, has been ranked the No. 1 female player in the world five times by the Women's Tennis Assn. Her tennis earnings have topped $40 million.
BUSINESS
January 15, 2013 | By Lauren Beale, Los Angeles Times
Actor Larry Hagman 's penthouse in Santa Monica is on the market at $5.2 million. The two-bedroom, three-bathroom unit is in a building constructed in 1963 and includes 3,029 square feet of living space. The contemporary-style condo has views of the ocean and three parking spaces. Amenities include 24-hour security, a swimming pool and a gym. Hagman, who died last year at 81, entertained generations of television viewers on "I Dream of Jeannie" (1965-70) and "Dallas" (1978-91)
BUSINESS
January 14, 2013 | By Lauren Beale, Los Angeles Times
The former home of Don Knotts in Glendale is for sale at $1.295 million. The Colonial Revival house, built in 1934, has been restored and updated. Features include a foyer that steps down to the living room, wood-beam ceilings, a decorative fireplace, coffered ceilings in the dining room, a breakfast room, a den, three bedrooms, two full bathrooms, a three-quarter bath, a powder room and 3,213 square feet of living space. Knotts, who died in 2006 at 81, was known for his role as bumbling Deputy Sheriff Barney Fife in "The Andy Griffith Show" during the '60s, about the same time he owned the house.
BUSINESS
January 11, 2013 | By Lauren Beale, Los Angeles Times
The family of philanthropist Max Palevsky has sold his mansion in Malibu for $36.5 million. The Mediterranean villa sits on 6.62 acres with 339 feet of beachfront, a swimming pool, a spa, a lighted tennis court with a half bathroom and a guesthouse. There are two offices, a theater, seven bedrooms, 8.5 bathrooms and 11,313 square feet of living space. Palevsky, who died in 2010 at 85, was an early computer magnate and an arts supporter. He helped found Scientific Data Systems and establish chip maker Intel.
BUSINESS
January 10, 2013 | By Lauren Beale, Los Angeles Times
Vanessa Bryant has sold a Newport Coast house for $3.22 million. The Mediterranean-style house was signed over to her as part of her divorce settlement with Lakers superstar Kobe Bryant, and went on the market in September at $3.75 million. The mountain-view house was built in 1999 and sits on about a quarter of an acre in a gated community where the Bryants have two other houses. Features include an office/library, five fireplaces, balconies, five bedrooms, a bonus room and 5.5 bathrooms.
BUSINESS
January 7, 2013 | By Lauren Beale, Los Angeles Times
Topping any L.A. area home sales last year, a 9.5-acre estate in Malibu owned by billionaire Howard Marks and his wife, Nancy, has sold in the $75-million range in an off-market deal. The exact sales price and sales date have not been disclosed. It can be several weeks or more before a transaction appears in the public records. The property includes a 15,000-square-foot main house of eight bedrooms and 14 bathrooms, two guesthouses, a gym, a swimming pool and more than 300 feet of beach front.
BUSINESS
January 4, 2013 | By Lauren Beale, Los Angeles Times
Songwriter, singer and former "American Idol" judge Kara DioGuardi has sold her home in Studio City for $6.3 million. Built in 1923, the 7,600-square-foot French chateau-style house was renovated and expanded by DioGuardi and her husband, home builder Mike McCuddy. The five-bedroom, 6.5-bathroom home sits on 3 acres with an infinity pool and a hot tub. Features include a 23-foot-tall stone fireplace, herringbone walnut floors and a sauna. DioGuardi, 42, was on the panel of "American Idol" for two seasons starting in 2009 and a judge on "Platinum Hit" in 2011.