Model and television personality Tyra Banks has bought an investment home with an ocean view in Pacific Palisades for $7.35 million in a deal completed off-market.
The seller was philanthropist and entrepreneur Bernard Kinsey, according to property records. Kinsey is a former vice president at Xerox who later co-chaired Rebuild L.A., a program created by then-Los Angeles Mayor Tom Bradley to restore areas affected by the 1992 riots that followed the Rodney King beating and police trial.
The contemporary-style home, built in 1950 and renovated in 1995, sits on nearly half an acre behind gates on a bluff. Unobstructed views extend from the mouth of Temescal Canyon up toward Malibu.
According to assessor's records, the tri-level house has five bedrooms and four bathrooms in nearly 4,800 square feet of living space. A courtyard with a cascading fountain feature sits off the entrance. The rear of the property offers plenty of entertaining space, but no swimming pool.
Banks, 42, is known for being a cover model for Sports Illustrated and working for Victoria's Secret. She has been a producer on "America's Next Top Model" (2003-13), "The Tyra Banks Show" (2008-10) and "FABLife" (2015-16).
She currently resides in Malibu.
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