Oakley founder sells Malibu mansion for 0 million, state record

Oakley founder sells Malibu mansion for $210 million, state record

In a historic deal, Oakley founder James Jannard has sold his Malibu mansion for $210 million. It’s the priciest home sale in California history. The blockbuster sale, which The Times is reporting... Read more »
‘Why us?’: Housing nonprofits are paying millions in ‘mansion tax’

‘Why us?’: Housing nonprofits are paying millions in ‘mansion tax’

Since the “mansion tax” took effect last April, a bevy of groups have aired their grievances. Developers claim the tax eats into their profit margins, stifling new housing projects. Commercial property owners... Read more »
Beverly Hills upset as Menendez mansion becomes landmark

Beverly Hills upset as Menendez mansion becomes landmark

First, it was a driver of a sedan slowing down to a crawl and pointing as they passed the Spanish-style mansion, draped in elm leaves and hidden behind a privacy fence. Then... Read more »
Which L.A. neighborhoods have paid the most ‘mansion tax’?

Which L.A. neighborhoods have paid the most ‘mansion tax’?

Los Angeles is roughly a year and a half into its so-called “mansion tax,” levying charges on high-end property sales to raise money for affordable housing and homelessness initiatives. Measure ULA charges... Read more »
L.A. mansion hit by graffiti vandals as Bin Laden family tries to sell

L.A. mansion hit by graffiti vandals as Bin Laden family tries to sell

A famed architect to the stars designed it. A renowned Hollywood producer occupied it. A relative of a reviled international terrorist abandoned it. And now a Mediterranean villa on a hillside in... Read more »
Bel-Air mansion from spec developer Ardie Tavangarian lists for 7M

Bel-Air mansion from spec developer Ardie Tavangarian lists for $177M

It’s not far to the lav at the 24-bathroom mansion unveiled by Ardie Tavangarian above Bel-Air Country Club. The cost for the convenience: $177 million. The Los Angeles-based developer has listed the... Read more »
George Clooney’s Studio City Mansion Fetches .5M

George Clooney’s Studio City Mansion Fetches $14.5M

George Clooney is handing over the keys to his Studio City home after selling it for $14.5 million on Friday. The home at 3240 Iredell Lane is located in Studio City’s Fryman... Read more »
Floyd Mayweather Jr. Asks M for Beverly Hills Mansion

Floyd Mayweather Jr. Asks $48M for Beverly Hills Mansion

Former pro boxer Floyd Mayweather Jr. just placed his Beverly Hills mansion on the market with a $48 million ask as he ramps his activity back up in the ring. If sold... Read more »
Erewhon Owners Sell Malibu Mansion for .5 Million

Erewhon Owners Sell Malibu Mansion for $15.5 Million

Josephine and Anthony Antoci, the owners of upscale supermarket chain Erewhon, sold a Malibu mansion for $15.5 million, The Real Deal has learned. The property, a “beachfront retreat” at 31228 Broad Beach... Read more »
The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

One year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally known as Measure ULA,... Read more »