Original EBay president peddling pair of BH mansions

Skoll in contract on $33M combined ask on Calle Vista Drive

Los Angeles /
Jan.January 26, 2022 02:30 PM
1118 Calle Vista Drive (Zillow)

Entities tied to billionaire Jeff Skoll are in contract to sell two homes that cover 1.5-acres in Beverly Hills, with a combined last asking price of $33 million.

Palo Alto firm Capricorn Investment Group, which manages Skoll’s investment portfolio a 7,500-square-foot mansion at 1118 Calle Vista Drive, and a smaller Tudor-style home at 1116 Calle Vista Drive.

The more expensive piece of the package is 1118 Calle Vista, which went into contract with a last asking price of $25 million, according to Zillow. The 1116 Calle Vista parcel, meanwhile, went into contract asking $8 million. Both properties were put on the market on January 17 and had contracts signed seven days later. It’s unclear if a single buyer bought both,

The 1118 Calle Vista property is a five-bed, eight-bath mansion that offers “total privacy,” according to the Zillow listing. It has features such as a backyard with an infinity pool, two guest suites, a gym and a wine cellar. The 1116 Calle Vista property, meanwhile, is a three-bed, three-bath house built on a half-acre lot.

The ownership entities for the homes are SoCal House Holdings, LLC and NDP Holdings, LLC, both of which have the same business address as Capricorn’s Palo Alto office. The LLCs are managed by James DeMartini, one of the board members of Skoll’s charity organization. Capricorn did not respond to a request for comment.

Skoll, who made his fortune as EBay’s first president, has a net worth of $5.5 billion, according to Forbes. He joined EBay in 1995 and left in 2001. His tenure included Ebay’s IPO in September of 1998.

Over the past few years, Skoll has been active in media and philanthropy. His Skoll Foundation and Skoll Global Threats Fund have provided $600 million in funding to anti-poverty programs around the world. His film production company Participant Media also won an Academy Award in 2016 for the movie Spotlight.

Westside Estate Agency’s Fred Bernstein and Ethan Peskowitz are the agents that brokered the sale.





    Related Articles

    arrow_forward_ios
    Rendering of project at 12826 Philadelphia Street (City of Whittier, iStock)
    OC developer eyes Uptown Whittier for 52-unit apartment complex
    OC developer eyes Uptown Whittier for 52-unit apartment complex
    Haim “Milo” Revah and the property at 705 N. Alta Drive in Beverley Hills (Redfin, Getty)
    Foreclosed Beverly Flats home listed for $22M
    Foreclosed Beverly Flats home listed for $22M
    CIM Group’s Shaul Kuba with renderings of the project at 6007 Sunset Blvd in Hollywood (Cim Group, Getty)
    CIM clears hurdle toward building 109-unit complex in Hollywood
    CIM clears hurdle toward building 109-unit complex in Hollywood
    Sam Nazarian with 385 Copa de Oro Rd (Westside Estate Agency, Kevin Scanlon, iStock, Illustration by Shea Monahan for The Real Deal)
    Sam Nazarian puts Bel-Air manse on market
    Sam Nazarian puts Bel-Air manse on market
    Pasadena mayor Victor Gordo and attorney general Rob Bonta (iStock, Rob Bonta, City of Pasadena, Illustration by Kevin Cifuentes for The Real Deal)
    Pasadena withstands AG’s slings and arrows on SB 9
    Pasadena withstands AG’s slings and arrows on SB 9
    The property at 10301 Strathmore with Architect Richard Manion (Richard Manion, 10301 Strathmore)
    $25M ask hits mid-market in Holmby Hills
    $25M ask hits mid-market in Holmby Hills
    Tammy Hughes Gustavson and 27628 Pacific Coast Highway (LinkedIn, Coldwell Banker Realty)
    Self-storage billionaire lists Malibu estate in Paradise Cove
    Self-storage billionaire lists Malibu estate in Paradise Cove
    Story Company's Billy Lehman Goodyear and a rendering 1529 Amalfi Drive (Story Company, Aeries Development)
    Custom luxe developer sells mansion in Pacific Palisades
    Custom luxe developer sells mansion in Pacific Palisades
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...