Oakley founder James Jannard has traded his Trousdale Estates home.
The property at 410 Trousdale Place sold for $46.95 million in a deal closed Thursday, The Real Deal has learned. The home, which features a contemporary brutalist facade in grey concrete, was last asking $59.5 million, according to an online listing.
The billionaire scion behind the iconic sportswear brand initially listed the property in June 2024 for $68 million, but the home was removed from the market in March 2025 and listed again in July 2025.
Jannard bought the property for $20 million in 2009, according to Realtor.com. The deal appears to tie financier Leon Black’s March sale of his Beverly Hills home for the most expensive sale in the area so far this year.
The home has five bedrooms and 10 bathrooms across 18,000 square feet. After closing on the home, Jannard reportedly spent roughly seven years constructing the property with futuristic flourishes throughout, including bare concrete walls and floors, floor-to-ceiling glass walls and aluminum accents.
An online listing highlights the home’s oval motor court, a motorcycle installed below a skylit entry and sweeping city and ocean views.
A representative for listing broker Aaron Kirman of Christie’s International Real Estate Southern California declined to comment.
The deal comes after Jannard sold his Malibu estate for $210 million, marking California’s most expensive deal.
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