Maybe the attraction is Silicon Beach, the swath of Los Angeles that is home to so many tech start-ups. Or maybe it's just the beach. Either way, Northern California technology titans and wannabes increasingly are sinking money into trophy homes from the Hollywood Hills to the beach in a kind of Silicon Valley south.
Making tsunami-like waves so far this year are three Westside transactions:
•Billionaire venture capitalist and hedge fund manager Peter Thiel cherry-picked a house in the Hollywood Hills this spring for $11.5 million. The early Facebook Inc. investor and PayPal co-founder bought a 6,000-square-foot view house with a swimming pool on 1.25 acres.