LA’s Record-Breaking Year for High-End Home Deals

Never mind the glamorous addresses and eye-watering prices. If there’s one takeaway from Los Angeles’ most expensive residential deals, it’s that 2024 was the year of Carolwood Estates.

The Beverly Hills boutique brokerage — started in late 2022 by Hilton & Hyland alumni Drew Fenton and Ed Leyson, along with Nick Segal — participated in half of this year’s top 10 deals.

Elsewhere in the market, and not surprisingly, Westside Estate Agency’s Kurt Rappaport turned up in 2024’s priciest transactions, including the No. 1 deal that set a new state record in May.

Here are L.A. County’s top residential deals, compiled by The Real Deal Research using TRD reporting, L.A. County Assessor records, Redfin, Homes.com and Compass.

1. 33064 Pacific Coast Highway, Malibu | Unknown | $210 million

A Malibu estate once owned by Oakley founder Jim Jannard was catapulted to record-breaking status when it sold in May for $210 million.

The off-market deal, which created a new high for the state’s residential sales, was brokered by Westside Estate Agency’s Kurt Rappaport.

Jannard, whose wealth comes from the founding of eyewear brand Oakley and then camera company Red Digital Cinema, sold his 15,400-square-foot manse on 9.5 acres to an unknown buyer shielded behind a Delaware-registered LLC.

The eight-bed, 14-bath home was previously owned by Oaktree Capital billionaire Harold Marks, who sold the property to Jannard in 2012 for $75 million.

2. 28106 Pacific Coast Highway, Malibu | Laurene Powell Jobs | $94 million

The $94 million buy of 28106 Pacific Coast Highway was Malibu pad number four for Laurene Powell Jobs.

The widow of Apple co-founder Steve Jobs picked up the 1950s ranch-style home in a June off-market transaction that adds to three other compounds she owns right next to her latest acquisition. The unknown seller was a trust, according to property records.

Spanning 6,400 square feet, the home has eight beds and six baths sitting on a lot with more than 4 acres.

3. 312 North Faring Road, Los Angeles | Lapro Property | $65 million

Nick Molnar, co-founder of buy-now-pay-later provider Afterpay, plunked down $65 million for a Holmby Hills manse named after comedian Fanny Brice.

Property records show Lapro Property bought the nearly 19,000-square-foot home. That entity was linked to Molnar after it sold a Century City penthouse in 2023 to Rihanna for $21 million.

The “Funny Girl” Estate was purchased from British singer Robbie Williams in an off-market deal. Williams moved into the property in 2022, after paying $49.5 million.

Carolwood Estates’ James Harris and David Parnes represented both sides in the deal.

The Georgian-style house, designed by architect Oscar Shamamian counts seven beds and 11 baths. It’s double gated with a spiral staircase anchoring the two-story entry, wine cellar, butler’s pantry, tennis court, koi pond, gardens and fitness center.

4. 1898 Rising Glen Road, West Hollywood | Starlight Capital | $63 million

When developers Brandon and Deborah Shainfeld sold their 23,000-square-foot spec home in April, they ended up hitting the reset button on pricing in West Hollywood’s Bird Streets neighborhood. The $62.8 million deal, at the time, was L.A. County’s priciest before the summer’s mega Malibu deals.

A limited liability company named Starlight Capital bought the gated home, which sits on about 1.5 acres. The property includes a two-story entrance, cold plunge, infinity pool, outdoor kitchen and pickleball court.

Westside Estate Agency’s Kurt Rappaport and Andreas Elsenhans held the listing, while Haylen’s Helen Chong and Susanna Leung represented the buyer.

5. 24186 Case Court, Malibu | Malibu Case | $61 million

LA’s Record-Breaking Year for High-End Home Deals — 24186 Case Court (Unvarnished)

The spec mansion sitting on a bluff overlooking Malibu Colony Beach became the city’s largest residential deal in 2024 when it closed in July.

The home with more than 10,500 square feet, named The Edge, was the first to sell in Unvarnished developer Scott Gillen’s The Case community. Gillen’s ultra-exclusive residential tract includes homes between 9,500 square feet and 12,000 square feet.

Property records show the buyer was a Chandler, Ariz.-based limited liability company called Malibu Case.

Carolwood Estates’ Cooper Mount was the buyer’s agent, while The Agency’s Sandro Dazzan, Paul Lester, Daniel Stevenson and Aileen Comora had the listing.

The Edge has five beds and eight baths. Highlights include 13-foot ceilings, a 75-foot infinity pool, a 10,000-square-foot wraparound deck, a 500-square-foot terrace for the primary suite and an 800-bottle wine room.

6. 51 Beverly Park Way, Los Angeles | 51 Beverly Park Way | $44 million

The celebrity-heavy gated community of Beverly Park logged its most expensive deal of the year in October, with a $44 million trade.

The property at 51 Beverly Park Way in North Beverly Park was sold by Larry Cohen and his wife Paulette Cohen, according to property records. Compass’ Sally Forster Jones listed the property on behalf of the couple.

Christie’s International Real Estate Southern California’s Aaron Kirman was the buyer’s agent, which property records indicate is a Delaware-registered LLC called 51 Beverly Park Way with ties to a Miami address.

The French Chateau sits on nearly 2 acres and boasts antique French chandeliers, seven fireplaces, marble and travertine floors, a billiard room, theater, tennis court and vineyard, according to the listing.

7. 320 Saint Pierre Road, Los Angeles | 320 SPR | $39 million

Old Bel-Air’s priciest home sale of the year came with its own vineyard.

Located in the East Gate part of Bel-Air, known for its large lot sizes, the 1920s home traded for $39 million. It sits on nearly an acre with an addition designed by architect Paul Williams and features eight beds and 11 baths. There’s a 1,800-square-foot guest home, separate movie theater, two laundry rooms, screening room and a 600-square-foot attic balcony, according to the listing notes.

Carolwood Estates’ James Harris and Maria Hellmund represented the seller, which property records show as a Miami limited liability company. Christie’s International Real Estate Southern California’s Weston Littlefield and Alex Howe represented the buyer, which records list as a Los Angeles-based LLC.

8. 33740 Pacific Coast Highway, Malibu | Andrew Schwartzberg | $38 million

Pacific Coast Highway in Malibu hosted plenty of 2024 action. The $38.5 million sale of the Cape Cod-style home at 33740 Pacific Coast Highway kicked off the pricier activity of the year on this famed stretch of road.

Investors Mark Cirlin and Man Li-Yeh paid $10.7 million for the property in 2007 before selling it in March. Property records show the buyer was Andrew Schwartzberg, managing partner of Washington, D.C. affordable housing developer and investment firm Pennant Housing Group.

Chris Cortazzo of Compass along with Engel & Voelkers’ Nicole Van Parys and Gary Nese had the listing for the sellers. Newmark Residential’s Steven Schaefer and Compass’ Gabrielle Sharron represented the buyer.

The two-story home has six beds and eight baths, with a detached one-bed, one-bath guest house. The big selling points: ocean views and beach rights to the cove below where the home sits.

9. 1006 North Roxbury Drive, Beverly Hills | Fred and Susan Kunik Trust | $37 million

A check-cashing executive made the move into a Beverly Hills mansion designed by the king of megamansions, Richard Landry, in June.

The buyers were Fred and Susan Kunik. Fred is CEO of Santa Ana-based Continental Currency Services.

The five-bed, 10-bath home, which property records show was sold by the Alipour Family Heritage Trust, was originally listed for $45 million in 2021.

The buyer’s agent was Carolwood Estates’ Drew Fenton, while the seller was represented by Christie’s International Real Estate Southern California’s Aaron Kirman, Kirby Gillon and Bryce Lowe.

The more than 20,000-square-foot residence has five beds and 10 baths. Amenities include a 400-bottle wine room, staff suite, video room, a garage that fits more than a dozen cars, 54-foot pool and fountains.

10. Copa de Oro Road, Los Angeles | H. Roger Wang and Vivine Wang | $36M

A Bel-Air mansion traded from one billionaire to another in a $36.4 million deal that rounded out 2024’s priciest purchases.

An entity with ties to AfterPay co-founder Nick Molnar sold the six-bed, eight-bath home to H. Roger Wang and his wife Vivine Wang, according to property records. Wang helms China-based mall and office developer Golden Eagle International.

Carolwood Estates double-ended the deal. The brokerage’s James Harris and David Parnes represented the seller, while Linda May represented the buyer.

The home with more than 10,600 square feet has a two-story foyer, theater, gardens, pilates studio and security room.