Milwaukee Brewers owner scores an oceanfront spot on Malibu’s Broad Beach
Mark Attanasio has found a site for his new home field.
The Los Angeles businessman and Milwaukee Brewers franchise owner, through a corporate entity, has purchased an oceanfront property in the Broad Beach area for $6.6 million.
Views from the site extend up and down the coast.
The property previously changed hands a four years ago for $5.6 million, records show. In August, based on 23 sales, the median sales price for single-family homes in Malibu was $3.744 million, up 42.3% year over year, according to CoreLogic.
Attanasio, 60, is the co-founder and managing partner of Los Angeles-based investment firm Crescent Capital Group. He became the principal owner of the Brewers organization in 2004, when an investment group led by the businessman bought the team for $223 million.
MORE FROM HOT PROPERTY:
Inside the homes of the rich and famous.
Glimpse their lives and latest real estate deals in our weekly newsletter.
You may occasionally receive promotional content from the Los Angeles Times.