He bought the property in 2008 for $4.5 million.
Talks successful for show host
Talk show host Craig Kilborn has parted with his house in the Hollywood Hills West area for $2.9 million.
The Spanish-style home, built in 1927, was owned by actor Dennis Hopper when he was working on the film "Easy Rider" in the late 1960s.
Entered through a turret foyer, the three-bedroom, three-bathroom house features arched windows and doorways, Malibu tile stair risers and original sconces. There are terraced gardens and a swimming pool.
Kilborn, 49, hosted "The Late Late Show With Craig Kilborn" from 1999 to 2004 and was the original host of "The Daily Show."
Hopper, who died in 2010 at 74, used the address of the house as a title for a book of his photography.
Aileen Comora and Paul Lester of the Agency were the listing agents. Stephen Sigoloff represented the buyer.
Presidential retreat sells in desert
The Rancho Mirage estate of the late President Gerald Ford and Betty Ford has been sold for $1.675 million.
The buyers are entertainment business manager John McIlwee and DreamWorks Animation executive Bill Damaschke, who announced their intentions to preserve the 6,316-square-foot midcentury home. They purchased the furniture, including sofas and desks, and some of the artwork separately.
The Fords built the Welton Becket-designed home in 1979. The gated compound encompasses 1.37 acres.
The main residence has a swimming pool and includes a staff waiting room, his and her offices, five bedrooms, five full bathrooms and two partial bathrooms.
The Fords used the compound as their California retreat after they left the White House. President Ford died in 2006 at 93. Betty Ford died last year, also at 93.
Nelda Linsk of HK Lane Real Estate and Lindell Campbell of Warwick Properties Group were the listing agents. Tyler Morgan of Capitis Real Estate of Palm Springs represented the buyers.
Home builder opts for a condo
Home builder and real estate investor Richard Lewis and his wife, Rebecca, have bought a unit in the Beverly West Residences for $5 million.
The 22-floor high-rise contains 35 units in seven floor plans. The newly built residences feature floor-to-ceiling windows, direct access elevators, 24-hour concierge, a gym, a pool and city, mountain and ocean views. The unit the Lewises purchased includes two bedrooms, 21/2 bathrooms and 4,158 square feet of living space.
Lewis, president of Lewis Homes, has been with the Lewis Group of Cos. since 1965.
The property came on the market in April at $7.767 million.
Joy Denton and Jeffrey Hobgood of Sotheby's were the listing agents. Adrian Grant of John Aaroe Group represented the Lewises.