BUSINESS
November 26, 2012 | By Lauren Beale, Los Angeles Times
Oracle Corp. head Larry Ellison is buying yet another house along Malibu's Carbon Beach. This will be his 10th residential purchase along the coveted stretch of sand called Billionaires' Beach for its wealthy homeowners. The seller is film and TV producer Jerry Bruckheimer. The beachfront house, which was not listed for sale, has 70 feet of ocean frontage, three bedrooms, three bathrooms and 2,239 square feet of living space, public records show. The sales price is not known at this time.
BUSINESS
October 8, 2012 | By Lauren Beale, Los Angeles Times
Whether or not a $6.5-million offer was music to "Glee" co-creator and writer Ryan Murphy's ears, he has let his Malibu beach house go for that amount. Murphy bought the contemporary Mediterranean last year for $6,562,500. Entered through a courtyard with a koi pond, the nearly 2,100-square-foot view home along the ocean includes two fireplaces, three en suite bedrooms and a powder room. The beachfront deck features a cabana, a spa, an outdoor shower and a fire pit. Murphy, 46, co-created "American Horror Story" (2011-present)
BUSINESS
September 8, 2012 | By Lauren Beale, Los Angeles Times
Being super-rich just isn't what it used to be. As the summer leasing scene in Malibu wraps up, real estate experts report that for homeowners the rental season smelled worse than a red tide at morning. "It was a disastrous leasing season," said Michael Gardner, an agent with Prudential Malibu Realty. "The renters needed to save money, and the lessors needed to make money. " Of course, a bad deal for a homeowner means a good deal for someone looking for temporary refuge by the beach.
CALIFORNIA | LOCAL
August 24, 2012 | By Elaine Woo, Los Angeles Times
In 1956, Terry "Tubesteak" Tracy, freshly fired from his job at a downtown insurance company, bid goodbye to the 9-to-5 life and headed for the Malibu shore, where he built himself a shack out of wood scraps and palm fronds and sailed into surfing history. He was, according to surfing historian Matt Warshaw, a decent surfer, but his ticket to glory wasn't what he did on a board: It was the aesthetic he embraced. Tracy, better known by the nickname "Tubesteak," was the personification of the rebellious surf subculture that emerged in California in the late 1950s.
BUSINESS
June 24, 2012 | By Lauren Beale, Los Angeles Times
Actor-comedian Jim Carrey has listed his place in gated Malibu Colony at $13.95 million. The two-story contemporary beach house features an open plan living room, family room, dining room and kitchen that lead to an ocean-facing deck. There are fireplaces in the living room and master bedroom for a total of five bedrooms, 51/2 bathrooms and 2,866 square feet of living space. A spa sits on the rooftop deck. Carrey, 50, has starred in such films as the "Ace Ventura" movies, "The Truman Show" (1998)
BUSINESS
June 6, 2012 | By Lauren Beale, Los Angeles Times
"Glee" co-creator Ryan Murphy has put his Malibu beach house up for sale at $6.995 million. Entered through a courtyard with a koi pond, the nearly 2,100-square-foot contemporary Mediterranean includes three en suite bedrooms and a powder room. The beachfront deck features a cabana, a spa, an outdoor shower and a fire pit. Murphy, 46, co-created "American Horror Story" (2011-present) and created "Nip/Tuck" (2003-10). He wrote and directed the movie "Eat Pray Love" (2010)