Hot Property
Celebrity & Luxury Homes
Home of the Day: South Pasadena Craftsman with Batchelder tile

High-pitched gables and a hipped roof lend a distinguished touch to this transitional Craftsman residence in South Pasadena. Built in the early 1920s, the home retains its period charm with such details as delicate crown molding, large picture windows and an original Batchelder tile fireplace. Modern upgrades include an updated kitchen and a master bathroom lined in Calacatta Gold marble.

Location: 1705 Wayne Ave., South Pasadena, 91030

Price: $1.695 million

Year built: 1921

House size: 2,744 square feet, four bedrooms, 2.5 bathrooms

Lot size: 0.25 acres

Features: Batchelder tile fireplace, crown molding, hardwood flooring, picture windows, formal dining room, living room, kitchen, breakfast room, family room with fireplace, study, master suite with Calacatta Gold marble, brick-lined patio, pool, spa, garden

About the area: There were 15 single-family homes sold in the 91030 ZIP Code last month at a median sales price of $1.193 million, according to DataQuick. That was a 53.3% increase...

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Kobe Bryant's Newport Coast home now listed under $7 million

Kobe Bryant’s longevity isn’t the only thing taking a hit these days.

The Los Angeles Lakers star, who is expected to miss an extended amount of time after suffering a torn rotator cuff this week, has adjusted the asking price on his home in Newport Coast to $6.995 million, down from $7.599 million.

Recently renovated and expanded, the Mediterranean-style home sits behind a gated entry on about half an acre with unobstructed city and ocean views. Clad in walnut hardwoods, limestone and ornate finishes, the two-story floor plan has a chef’s kitchen, large formal areas, four bedrooms and 5.5 bathrooms in 8,741 square feet.

Among highlights is an 850-square-foot gym, a hair salon and a movie theater complete with a lobby, tiered seating and a wet bar. A wood-paneled office/library features a custom shark tank.

Outdoors, landscaped grounds center on a pool and spa with waterfall features. A fire pit and an outdoor kitchen complete the resort-like setting.

Bryant originally put the home on...

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Home of the Week: A two-story contemporary in Malibu's Point Dume area

This two-story contemporary in Malibu's Point Dume area is designed in an S-shape with curved glass walls to evoke the waves and nearby shoreline. Glass doors open to an outdoor living area to seamlessly blend the interior and exterior entertainment space.

Location: 7145 Grasswood Ave., Malibu 90265

Asking price: $19.95 million

Year built: 2006

Architect: Griffin Enright Architects

House size: Four bedrooms, seven bathrooms, 5,618 square feet

Lot size: 1.35 acres

Features: Foyer, great room with 11-foot-tall beamed ceilings, wine cellar, office, media room, floating-style staircase, floating catwalk, upper-level sun deck, 60-foot lap pool with spa, fire pit, rock garden, hedge-lined driveway, motor court, ocean, hillside and city views

About the area: Last year, 245 single-family homes sold in the 90265 ZIP Code at a median price of $2.304 million, according to CoreLogic DataQuick. That was a 15.2% price increase from 2013.

Agent: Santiago Arana, the Agency, (424) 231-2399

To submit a...

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Bruno Mars loads up on amenities in Studio City

Grammy-winning singer Bruno Mars has purchased a tricked-out, two-acre estate in Studio City for $6.5 million.

Set in a gated foothill community in the Fryman Canyon area, the Mediterranean-style house was built in 2000 and takes in canyon, city and mountain views.

The recently renovated interior includes high ceilings, bay windows, and elaborate arches and moldings. Some 9,033 square feet of living space contains a two-story rotunda entry, a den, a family room with a wet bar and a wine cellar.

The master suite features a fireplace, a sitting room, an office, dual walk-in closets, steam and dry saunas, a kitchenette and a coffee bar for a total of seven bedrooms and eight bathrooms.

The heavily wooded lot has a heated cabana with a covered lounge, an infinity swimming pool with a spa, a children's playground and an expansive lawn. There is parking for 12 vehicles.

Mars, 29, was named 2014 artist of the year by Billboard. His albums include "Doo-Wops & Hooligans" (2010) and "Unorthodox...

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Jimmy Iovine buys a beach spot in Malibu for $60 million

Mega-producer Marcy Carsey has sold her Malibu place to Interscope Geffen A&M Chairman Jimmy Iovine, The Times has confirmed.

Carsey parted with the beachfront compound in an off-market deal for $60 million.  

The who’s who in Hollywood starts with actor Richard Gere, who bought the 2.2-acre property two decades ago, then sold it Carsey in 2000 for close to its $10 million asking.

The compound was described then as having 90 feet of private beach, a three-bedroom, 2,500-square-foot main house on a bluff, two guest houses, a cottage near the sand, a swimming pool and a tennis court.

Iovine, 61, and rapper Dr. Dre co-founded Beats, which was acquired last year by Apple Inc. for $3 billion. The entrepreneur and record producer also co-founded Interscope Records.

Carsey, 70, and producer Tom Werner founded the independent television production company now known as the Carsey-Werner Co. in 1981.

The transaction was first rumored at Variety and has since made its way into the public record.

...

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Jensen Ackles sells in Malibu

Jensen Ackles of “Supernatural” fame has sold his gated home in Malibu for $6.5 million.

The newly remodeled Mediterranean-style house contains a formal entry, living room, dining and family rooms, a den, five bedrooms, six bathrooms and nearly 6,000 square feet of living space.

Windows in the living room look out on the garden. A multi-purpose room is off the master suite. An attached guest suite sits above the garage. There are three fireplaces.

The more than one-acre site has a swimming pool with a spa, an outdoor kitchen/barbecue, mature trees and three lawn areas. Views take in the surrounding foliage and the ocean.

Ackles, 36, has starred as a demon hunter since the series started a decade ago. Before that he was in such series as “Smallville” (2004-05), “Dawson’s Creek” (2002-03) and “Dark Angel” (2001-02).

The property previously sold two years ago for $4.8 million, public records show.

Shen Schulz of Sotheby’s International Realty was the listing agent.

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