Actors, media moguls and even — indirectly — the president of the United States all made deals in Los Angeles this week. While Donald Trump’s L.A. portfolio is shrinking, Dr. Dre’s continues to grow.
The Trump Organization parted with one of its last remaining properties in L.A., selling a 5,400-square-foot home on Canon Drive in Beverly Hills for $13.5 million, The Real Deal reported earlier this week. Indonesian media executive Hary Tanoesoedibjo was the buyer, according to the Washington Post. Tanoesoedibjo has partnered with Trump on two resort developments in Indonesia. The Trump Organization purchased the house in 2007 for $7 million. It hasn’t got much use lately, Trump Organization Executive Vice President Eric Trump said, in a statement to TRD.
Music producer, artist and entertainment mogul Dr. Dre added a 3,100-square-foot home in Pacific Palisades to his growing portfolio. The 22-year-old home sits on a ridge overlooking the mountains and Pacific Ocean. Last year the billionaire — real name Andre Young — picked up a 9,400-square-foot home in Calabasas for $4.9 million. His biggest recent deal in the area came in 2015, when he sold a mansion in the Hollywood Hills for $32 million, which the new owner promptly tore down and replaced.
To the east in Pasadena, actor Jason Segal picked up a 100-year-old home for $4.3 million, according to the Los Angeles Times. Segal, best known for his roles in “How I Met Your Mother” and a slew of Judd Apatow-produced films, paid a premium for the home — it’s been listed since April for $4 million. The gabled-roofed home sits on around a half-acre and was recently renovated. It has five bedrooms, five bathrooms, and spans 5,600 square feet in total.
In Malibu, Olympic gold medal-winning snowboarder Shaun White put two neighboring properties on the market asking a combined $27.3 million. They’re both about the same size and each have three bedrooms. The slightly larger of the two, which White purchased in 2013 for $9 million, is now asking $14.5 million. White recently rented it out to musician Frank Ocean. The other is a two-story home that White is listing for $12.8 million. He paid $10.8 million for the house in 2016.