Vice VP buys Malibu house for $7 million

Media exec Andrew Creighton purchased the property at 24142 Malibu Road

Mar.March 30, 2016 01:00 PM

These publishing magnates are tightening their vice like grip on L.A.

Andrew Creighton, a vice president at the media company Vice, has purchased an oceanfront house in Malibu for a little over $7 million, less than a year after his boss, Vice co-founder Shane Smith, forked over $23 million for a Santa Monica mansion.

Designed by architect Edward Fickett and built in 1973, the three-bedroom residence on Old Malibu Road totals 3,946 square feet, with a den, an art studio, an atrium, high beamed ceilings, glass walls, a wall fireplace, multiple patios and a sauna.

The mid-century home, which is known as the Miller residence, came to market last June for $8 million and but was later relisted at a lower price. Madison Hildebrand and Jennifer Chrisman of Partners Trust Malibu had the listing, while Aram Afshar of Coldwell Banker represented Creighton.

The average Malibu home price has been $9.13 million in the past three months. [Los Angeles Times]Cathaleen Chen

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