Business Real Estate

Norm Zada sells his Beverly Park compound

Update: Norm Zada, the former Stanford professor and money manager who created Perfect 10 magazine, has sold his compound in gated Beverly Park for $16.5 million.

The Richard Landry-designed main house has 12,000 square feet of living space. A glass-and-steel bridge connects it to the 8,000-square-foot guesthouse. The 6.89-acre estate includes two pavilions, a paddle tennis court, a waterfall and a swimming pool. The property includes 10 bedrooms plus a maid's room; 18 bathrooms; and a gym.

The property came on the market last year at $24.5 million.

Brian Adler of Westside Estate Agency, Beverly Hills, was the listing agent. Joshua Altman and Matt Altman of Hilton & Hyland, Beverly Hills, represented the buyer.

lauren.beale@latimes.com

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