Powerhouse Hollywood producer Joe Roth is making some big real estate moves this week.
On Wednesday, the “F9” and “Maleficent” producer closed the sale of 111 North Mapleton Drive in Holmby Hills for $22.3 million, while also listing his Mid-century Modern at 713 North Hillcrest Road in Beverly Hills that same day for just under $22 million.
Roth is behind the founding of several production companies, including Morgan Creek Productions, Caravan Pictures, Revolution Studios and Roth Films. He’s also served as chair of 20th Century Fox and Walt Disney Studios.
The Mapleton Drive property went into contract late last month, when the home was asking $25.5 million. Its closing price works out to $1,687 per square foot.
The deal caps several years of the home being on and off the market, most notably making its debut to Los Angeles’ high-end inventory in 2021 when it was listed for $48 million. Records show a trust tied to Roth paid $21.5 million for the over 13,000-square-foot home in 2011, which sits on over an acre. It has seven bedrooms, 13 bathrooms, a tennis court, library and bar.
Westside Estate Agency’s Kurt Rappaport held the Mapleton Drive listing, while Beverly Hills Estates’ Rayni and Branden Williams brought the buyer.
The buyer is unclear, as property records on Wednesday’s sale are not yet available.
Westside Estate Agency declined to comment. Beverly Hills Estates could not be immediately reached for comment Thursday.
Roth also tapped Rappaport to be the listing agent on the Hillcrest Road home, which has a smaller footprint at a little over 5,500 square feet.
It hit the market with an asking price that comes out to $3,989 per square foot. That’s below what a trust tied to Roth paid in a 2021 off-market deal — which was $23 million or $4,171 per square foot for the Daniel Dworsky-designed home — according to property records.
Dworsky, who died in 2022, is the former football player turned architect who counts among his projects Los Angeles International Airport’s Tom Bradley International Terminal, the Los Angeles Federal Reserve Bank and University of California, Los Angeles’ Drake Stadium.
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