Hot Property

Fresh & Easy CEO buys $6.35-million home in Redondo Beach

Fresh & Easy CEO Jim Keyes buys an oceanfront home in Redondo Beach for $6.35 million

Fresh & Easy Chief Executive Jim Keyes, who recently announced that the company will close about 50 of the neighborhood grocery stores, has purchased an oceanfront home in Redondo Beach for $6.35 million.

The gilded Mediterranean, built in 1990, is entered through a double-height foyer with elaborate marble flooring, a fountain and a sweeping brass staircase. The 9,200-square-foot home is distinguished by a variety of ornate finishes including stained-glass windows, wood-carved doors and detailed ironwork.

Among features is a chef’s kitchen with a mosaic-tiled backsplash and colorful cabinetry. Other living spaces include a formal living room with a wet bar, a game room an office/study, five bedrooms and 6.25 bathrooms. Accessible by elevator, the ocean-view master suite has a balcony and a tiled fireplace.

Josh Flagg and Barbara Stover of Rodeo Realty were the co-listing agents. Brett Miller of Vista Sotheby’s International Realty represented Keyes, according to the Multiple Listing Service.

Keyes, formerly the president and CEO of 7-Eleven Inc. and chairman and CEO of Blockbuster Inc., was tapped to oversee Fresh & Easy Neighborhood Market in 2013. Last Friday, he announced via YouTube that the company was closing about 50 stores, including 30 in the Southland, citing the physical limitations of locations and unmet expectations.

Twitter: @NJLeitereg

Copyright © 2016, Los Angeles Times
75°