Down on Hollywood Boulevard, workers scrambled all week to set up for Sunday’s Academy Awards. And in the hills and valleys of Southern California, snowflakes actually fell.
But none of that could drown out another week of listings and re-listings of celebrity-worthy real estate, which continued to reflect the challenges some owners are facing in a softening market for high-end properties in Los Angeles.
In Beverly Hills, actress Jodie Foster is looking to sell her hilltop residence in the Coldwater Canyon area for $15.9 million. The 7,500-square-foot residence has five bedrooms, seven bathrooms, a media and theatre room, and a pool in the backyard. Foster paid $11.8 million for the 0.65-acre property in 2012 in an off-market deal. Before she purchased the home, British producer Colin Callender owned the property. Foster, who has starred in films like “The Silence of the Lambs,” is also trying to unload a home in the Bird Streets.
Rockstar Energy Drink founder Russell Weiner also listed his contemporary home in Hermosa Beach for $21 million. Spanning 6,200 square feet, the home includes six bedrooms, two family rooms, an elevator, and a home theater with a 3D projector, the Los Angeles Times reported. Weiner bought the oceanfront home for $10 million in 2013, records show. The energy drink tycoon is also struggling to sell his mansion in Beverly Hills, which he recently re-listed at $36 million — down from $49 million.
In Encino, former baseball player Jimmy Rollins, who played one season for the Los Angeles Dodgers, is looking to downsize. After plunking down nearly $9 million for a new home, the all-star listed his 15,000-square-foot mansion for nearly $12 million. He broke a record in the San Fernando Valley when he paid $10.65 million for the home a year ago. The massive Neoclassical estate sits on over half an acre on Haskell Avenue, and includes a two-story guesthouse, basketball court, swimming pool and cabana. Its main residence features eight bedrooms, 12 bathrooms, a wine cellar, office and home theater.
In Redondo Beach, Jim Keyes, the former CEO of Blockbuster and 7-Eleven, has cut the asking price for his modern residence down to $11.9 million. It originally listed for $17.9 million two years ago. The three-story home features an elevator, five bedrooms, six bathrooms, an eight-car garage, a media room, and a wine cellar. Keyes paid about $6.4 million for the property on Esplanade Drive in 2015.
Farther up the coast, newly elected Gov. Gavin Newsom and his wife are selling their Marin County home for $6 million. The 6,000-square-foot home, built in 1950, includes five bedrooms and five bathrooms. It has a second-story deck with views of San Francisco Bay and Mt. Tamalpais. Newsom purchased the home for $2.2 million in 2011. The couple recently bought a new home in Sacramento for $3.7 million.