Hot Property: Producer lists redone classic at $2,195,000
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David Lipman, a producer for Dreamworks’ ‘Shrek’ movies, has listed his Hollywood Hills residence at $2,195,000.
He bought the classic mid-century in 2000 for $678,000 and completely overhauled the home, removing walls, updating systems and adding more windows.
The two-bedroom, two-bathroom home, with fireplaces in the living room and master bedroom, has 1,875 square feet of living space and a swimming pool.
In Lipman’s 90046 ZIP Code, 27 single-family homes have sold since the beginning of the year at a median price of $880,000, according to MDA DataQuick. That’s a price drop of 24.5% from the first half of 2008.
--Lauren Beale
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