Another Mo Ostin home hits market for $6M

Los Angeles /
Apr.April 26, 2016 12:00 PM

A Pacific Palisades home owned by Rock and Roll Hall of Famer Mo Ostin has come on the market for $5.9 million.

The property, on Villa Woods Drive, has been in the Ostin family for over a decade. Record executive Ostin worked for Warner Bros. Records and DreamWorks before being inducted into the Hall of Fame in 2003 by Paul Simon, Neil Young and Lorne Michaels. His label managed artists such as Prince and Frank Sinatra.

His late son son, Randall Ostin, also lived at the property for several years.

The property is the second that the family has put on the market in as many months. A trust controlled by Ostin also put a $19 million home on River Road in Brentwood on the market last month.

The 4,757-square-foot contemporary Pacific Palisades home, listed by Dena Luciano of Douglas Elliman, has five bedrooms, six bathrooms and sits on a quiet cul-de-sac. There’s a backyard pool a spa, a fire put and an outdoor shower.

“Properties in that area very rarely come up,” Luciano told The Real Deal. “People live in this neighborhood for 30 years. If you drive up those few streets over there, you’ll see that no one ever gates their house. They feel so safe. It’s a throwback to real, good California living.”


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