Hot Property | Reinhold Weege

The oceanfront compound of television writer-producer Reinhold Weege is on the market in La Jolla at $27.3 million. (Cameron Acker)

PGA champion Tiger Woods has sold his condominium in Corona del Mar for $2,213,875.


But like many other residential real estate owners, Woods landed in the rough when it came to selling a place bought before the housing downturn. Public records show he bought the property in 2004 for $3 million.

The town-house-style unit features an open-plan living room on the second story to take advantage of views of Santa Catalina Island. Features include high ceilings, a balcony, three bedrooms, a loft, three bathrooms and 2,000 square feet of living space.

Woods, 36, once the holder of the top spot in the world of golf, currently is ranked third, according to the PGA Tour website. He is scheduled to play next month at the U.S. Ryder Cup.

Dana Lattanzio of Surterre Properties was the listing agent. Brad Alewine of Coldwell Banker represented the buyer.

Owlwood soars above L.A. prices

At $150 million and $65 million, two palatial houses — neither being marketed through multiple listing services — are quietly sitting atop the for-sale market in Los Angeles and Orange counties.

Perched at $150 million is the pocket-listed Owlwood estate in Holmby Hills. The Tuscan-style mansion was once the home of '60s singing sensation Sonny and Cher and, before that, actor Tony Curtis.

When the late billionaire Roland Arnall, founder of Ameriquest Capital Corp., and his wife, Dawn, bought it in 2002, they also nabbed two adjacent properties to increase the grounds to 10 acres.

The 12,201-square-foot main house, built in 1936, had eight bedrooms and 10 bathrooms when last listed on the Multiple Listing Service. There is a tennis court, a pool house and a pool. Area agents have toured the property and seen a brochure, but public relations for the Agency in Beverly Hills is not releasing any details yet.

The last estate listed at this price in L.A. County was Candy Spelling's Manor, also in Holmby Hills. That 56,500-square-foot mansion, with 14 bedrooms, 27 bathrooms and a 4.7-acre site, sold for $85 million after about two years on the market.

In Laguna Beach, a one-acre oceanfront compound is being floated at $65 million. Between the neoclassical main house, guesthouse, decks, loggias, storage and garage there is 25,000 square feet of space. Completed in 2010 after an eight-year undertaking, the main house has four bedrooms, two offices, two powder rooms, five fireplaces, a wine cellar and tasting room and a billiards room.

Rod Daley of Coldwell Banker has the Orange County listing.

Where TV writer holds court

The oceanfront compound of television writer-producer Reinhold Weege is on the market in La Jolla at $27.3 million.

The single-level contemporary estate sits on a 2.6-acre bluff top with views of La Jolla Cove. There are six bedrooms, 10 bathrooms and nearly 15,000 square feet of living space in four buildings. Built by Weege in 2001, the custom house features exotic woods and a home theater. It opens to a pool.

Weege, 62, created the sitcom "Night Court," which ran for nine seasons starting in 1984. He wrote for several other series, including "Barney Miller" (1976-79).

Edward Mracek and Marty Vusich of Willis Allen Real Estate's La Jolla office are the listing agents.

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