Hang Time on Mulholland

Chicago Bulls superstar MICHAEL JORDAN, in Los Angeles to play baseball and basketball with Bugs Bunny and Daffy Duck in the upcoming Warner Bros. movie “Space Jam,” is leasing a home off Mulholland Drive for nearly $50,000 for two months.

Jordan, 32, joined the Bulls in 1984, the same year he was co-captain of the U.S. Olympic basketball team that won the Gold Medal in Los Angeles.

He was the NBA’s most valuable player for three consecutive years before he left basketball for baseball and joined the Chicago White Sox in 1993. He returned to the Bulls after his brief minor-league baseball career ended earlier this year.

“Space Jam,” a live-action and animation comedy adventure, is due to be released in about a year. In the movie, the Looney Tune cartoon characters are endangered by outer-space creatures until Bugs Bunny and his pal Jordan come to the rescue.

The home Jordan is leasing has six bedrooms and a screening room in about 7,500 square feet. It also has a pool “but no basketball hoop,” a source said. The home is in a gated development.

Annie Constantinesco of Stan Herman/Stephen Shapiro & Associates, Beverly Hills, represented the owner of the home.

GENE SIMMONS, bassist/singer with the heavy rock band KISS, has put his Benedict Canyon home of nine years on the market at $2.45 million. He wants to move to Lake Tahoe, sources say.

KISS has been appearing around the country and in Canada and Australia at KISS conventions organized by the band. At the daylong conventions, KISS holds question-and-answer sessions, plays two-hour-plus acoustic sets, conducts autograph sessions and mixes with the fans, while KISS costumes and memorabilia are on display.

Simmons and guitarist/singer Paul Stanley founded the band in 1971. It was one of the first bands to wear complete makeup. Simmons dressed up like a blood-dripping, fire-eating demon. During the ‘80s, Simmons, who just turned 46, set up his own record label.

Built in 1948 and later expanded, Simmons’ Mediterranean-style home is on two acres behind gates. It has five bedrooms in 4,500 square feet, including a two-story guest house with a studio/office. The home also has a pool, spa, tennis court and four fireplaces.

Marilyn Watson of Celebrity Properties, Beverly Hills, has the listing.

W. JERRY SANDERS III, CEO of Sunnyvale-based Advanced Micro Devices, and his wife, TAWNY, have sold their former home in Bel-Air for just under $4 million, sources say.

Sanders, 58, was described last October in the Wall Street Journal as “one of Silicon Valley’s best rags-to-riches tales.” Tawny Sanders, 36, is a former beauty queen.

They married in 1990 and in 1993, they put the 10,000-square-foot home on the market at slightly under $6 million. It was listed most recently at close to $4.2 million, sources say. It has a pool and a tennis court.

The couple, who also have a home in Malibu, decided to sell the house shortly after buying La Lanterne, a 13,000-square-foot Bel-Air chateau, for $12.5 million, sources said at the time. Once listed at $19 million, La Lanterne had been owned by multimillionaire oilman Howard B. Keck Sr. and his wife, Libby.

Barbara Duskin of Jon Douglas Co., Beverly Hills, represented Jerry and Tawny Sanders in their sale, and Zizi Pac of Prudential/Rodeo Realty, Beverly Hills, represented the buyer, identified as “a local businesswoman.”

GREGG LANDAKER, who won an Oscar this year for sound work in the movie “Speed,” and his wife, CATHY, have sold their home of 14 years in West Hills and bought a home in Bell Canyon, in the western corner of the San Fernando Valley.

Landaker also won Oscars for his work in “The Empire Strikes Back” (1980) and “Raiders of the Lost Ark” (1981).

The Landakers’ new home, which they purchased for about $600,000, has four bedrooms, a gym and a sauna in 3,500 square feet, on an acre in a gated community.

Jeffrey Snyder of Fred Sands Realtors, Woodland Hills, represented the Landakers in their sale and purchase, and Dianne Hahn and Matthew Schroeder of Sands’ Northridge office represented the sellers of the Bell Canyon home.