Fashion designer James Perse stitches together a top-dollar sale in Malibu
An Old Hollywood haunt, new construction in Malibu and the latest creation of a fashion designer were among the properties that fetched top dollar in Greater Los Angeles from mid- to late August.
Here’s a look at the most expensive homes sales recorded in the Multiple Listing Service from Aug. 14 through Aug. 27.
$17.65 million — Malibu
In the 24000 block of Malibu Road, a newly built home changed hands in a deal between two limited liability companies.
The buying LLC has principal members that include Vincent Dundee III, according to public records. Dundee is the co-founder of Glendale-based Video Equipment rentals and grandson of former middleweight boxing champion Vince Dundee.
Although property details are limited, renderings for the beachfront property depict a modern-style residence with cantilevered rooms, retracting walls of glass and ocean-facing balconies extending off each level. There are four bedrooms and 4.5 bathrooms, three fireplaces and a swimming pool, records show.
Jeffrey Chertow of Pinnacle Estate Properties was the listing agent. Joseph Tenerelli of Flintridge Realty represented the buyer in the sale, which was completed before processing.
$15.025 million — Beverly Hills
Philanthropist Miriam Schaeffer, the former wife of OPI Products founder George Schaeffer, sold a gated estate in the 900 block of North Roxbury Drive for $30,000 over the asking price of $14.995 million. She bought the house four years ago for $10.425 million, records show.
The estate was purchased by a blind trust that names Kambiz Yadidi as the beneficiary, according to mortgage documents obtained by The Times. Yadidi is the founder and president of pharmaceutical investment firm General Pharma Partners.
Renovated by architect Richard Manion, the 1920s Mediterranean is entered through a courtyard with a tiered fountain.
Inside, nearly 9,800 square feet of living space includes a wood-paneled family room, a library, a walk-in wine cellar, six bedrooms and 7.5 bathrooms. A 300-year-old fireplace imported from France highlights the formal living room.
Outdoors, a loggia with arched openings overlooks a rectangular swimming pool. Across the grounds are a two-story guesthouse and an outdoor kitchen.
Jacob Dadon of John Aaroe Group was the listing agent. Valerie Fitzgerald of Coldwell Banker Residential Brokerage represented the buyer.
$13.325 million — Pacific Palisades
In the 1100 block of Maroney Lane, a Georgian Colonial-style home built in the 1930s for early film star Virginia Bruce and her second husband, director and screenwriter J. Walter Ruben, sold for $1.175 million less than the asking price of $14.5 million.
Designed by architect Herbert Riesenberg, the 8,100-square-foot house features such details as a kitchen with gold marble countertops, a den/game room and a pub room accessed by a hidden staircase.
The master suite, one of seven bedrooms and eight bathrooms, was reimagined with a lavish sitting/dressing room, a two-way fireplace and a freestanding soaking tub.
Citrus groves, waterfalls and a running stream fill more than an acre of lush grounds. A circular brick motor court sits off the entrance.
Cindy Ambuehl of the Agency represented the buyer, a Delaware-based limited liability company, and the seller, activewear and wellness entrepreneur Mary Georgi.
$12.995 million — Malibu
In Point Dume, clothing retailer and designer James Perse sold his latest home project and select furnishings for the asking price. The buyer of the property, a European-farmhouse-style house on Bison Court, was a California-based LLC with ties to Aileen Getty, a granddaughter of oil magnate J. Paul Getty.
Sitting on roughly two acres, the 7,400 square feet of space features light hardwood floors, rustic notes, surfboard accent pieces and furniture from Perse’s home collection. Formal living and dining rooms, a great room, a game room and an open-plan kitchen, six bedrooms and 5.5 bathrooms lie within the floor plan.
The master suite, with a fireplace and sliding barn doors, opens to a balcony overlooking the grounds.
Various gathering areas, a fire pit, a swimming pool and lawns fill the hedged setting.
Lily Harfouche of Compass was the listing agent. Brett Lawyer of Hilton & Hyland represented the buyer.
$10.65 million — Beverly Hills
A French Eclectic-style house on half an acre in the 600 block of Maple Drive sold after coming to market in July for $11.495 million.
Rebuilt in 1998, the home has a skylight-topped foyer, formal living and dining rooms, five bedrooms and five bathrooms in nearly 7,400 square feet of space. Front and rear staircases connect both floors.
Outdoors, the grounds center on a swimming pool with a spa.
Rick Brucker of Rick Brucker Realty was the listing agent. Coldwell Banker Residential Brokerage repped the buyer.