March 31, 2020

This week's top real estate headlines

"Pretty Woman" actress Julia Roberts has casually sold one of her "spare" Malibu properties to Silicon Valley-based hedge fund tycoon Thomas Laffont, who happens to live right next door. The $8 million purchase was consummated in an off-market deal and brings Laffont's Point Dume portfolio to a hefty 2.4 acres. Mercy! Meanwhile, over on the Sunset Strip, marijuana mogul Carissa Davino is making some serious moves. Having built her fortune on the sticky icky, Davino is putting some green back into the real estate market, shelling out $9 million for a swank L.A. residence located in the lower Hollywood Hills.

In other news, up-and-coming DJ Jamie Iovine is putting down some serious roots in L.A., Lykke Li's ex-partner Jeff Bhasker won a bidding war for a relatively unspoiled midcentury modern, 'Catfish' co-host Nev Schulman is looking to part with his trendy Williamsburg condo, Morgan Brown is on to her next project and director David E. Talbert and his wife are moving into a cute Dutch Colonial-influenced, plus-sized home.

Click below, or visit Dirt.com for more breaking real estate stories.

Julia Roberts Sells Malibu House to the Billionaire Next Door

Though it's not likely that Roberts and her hubbie ever actually spent a night in the four-bedroom home, the estate’s real value lies in its land. The sprawling, pancake-flat lot is fully landscaped, with wideset lawns and tall hedges for privacy and is located directly across the street from the couple’s much larger, longtime main residence.

By James McClain • READ MORE

Marijuana Maven Carissa Davino Buys $9 Million L.A. Mansion

There are seven bedrooms scattered throughout the nearly 6,500 sq. ft. mansion, but the undisputed star of the property is the upper-floor master retreat, which listing materials aptly term “epic.” READ MORE

Jamie Iovine Buys Beverly Grove Starter House

Tinseltown scion and budding entertainment industry multi-hyphenate Jamie Iovine has opted to put down some permanent residential roots in a very central part of L.A., in the form of a $2.5 million cottage that’s essentially all-new. READ MORE

‘Catfish’ Co-Host Nev Schulman Lists Manhattan-view Brooklyn Condo

"Catfish" host Nev Schulman has listed a contemporary condominium in Brooklyn’s hyper-hipster Williamsburg neighborhood with an asking price of almost $2.2 million. READ MORE

Mythbusters: Historic-Cultural Monuments

Enacted in 1972, the Mills Act allows owners of historic structures to enter into a contract with the city: property taxes will be reduced in exchange for an agreement to rehabilitate, restore, and/or maintain a property. READ MORE

Morgan Brown Picks Up Historic Hollywood Hills ‘Village’

Though she's probably best known as being Gerard Butler's on-again/off-again girlfriend, Morgan Brown is an accomplished interior decorator and real estate developer. Her latest project is a nine-unit Spanish "village." READ MORE

Filmmaker David E. Talbert Upgrades in Woodland Hills

Tinseltown filmmaker David E. Talbert (“Almost Christmas") and his longtime wife Lyn substantially upsized their residential circumstances with the $2.4 million purchase of a plus-sized house in Woodland Hills. READ MORE

Jeff Bhasker Buys Groovy Los Feliz Midcentury Modern

"Uptown Funk" producer Jeff Bhasker battled it out for an original midcentury modern home in Los Feliz and won — to the tune of $3.1 million. READ MORE

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