The Real Deal Los Angeles

Hair loss mogul is buyer of $20M Doheny pad

Mark Kress nabbed property from developer Cody Leibel
By Katherine Clarke | April 08, 2016 08:30AM

The Doheny Dr. property

The Doheny Dr. property

Here’s one hairy deal in the Hills.

Mark Kress, the man who credits himself with inventing cosmetic solutions for thinning hair, is the buyer of a $19.84 million house in the Doheny Estates area of Hollywood Hills West, The Real Deal has learned.

Kress and wife Margaret run Spencer Forrest, a hair loss treatment provider whose products include Toppik, a keratin protein hair building solution.

Kress bought the property, at 1814 N. Doheny Dr., from Cody Leibel, the son of Canadian businessman Lorne Leibel.

Justin Paul Huchel and Drew Fenton of Hilton & Hyland had the listing, while Michael Eisenberg of Keller Williams Beverly Hills represented Kress.

Eisenberg also has Kress’ former pad at 1122 Tower Road in Beverly Hills on the market for $9 million.

The 8,290-square-foot Doheny pad is reportedly the most expensive sale on the Bird Streets since 2013. It features glass and slab marble walls, a screening room, a game room, a gym, an infinity pool and views of Downtown.