[Update: January 13, 2012]: This home sold for $2,100,000 on January 12, 2012 after originally being listed back on March 06, 2010 for $2,749,000.
Hot off the pressess (on September 30, 2011) from Lauren Beale at L.A. Times Hot Property comes word that director/producer Randall Zisk and actress wife Brooke Langton have listed their Sherman Oaks pad for $2,375,000 which at the time of this writing is already under contract.
Randall Zisk was an executive producer and director for the medical drama, Off the Map, as well as the TV show Monk from 2003 - 2009. Zisk has also directed Lois & Clark: The New Adventures of Superman (also produced), Grey's Anatomy, Weeds, Desperate Housewives, House, Prison Break, Without a Trace, American Dreams, NYPD Blue, Chicago Hope, and Felicity. Brooke Langton is primarily known for playing Samantha Reilly on the original Melrose Place as well as playing recurring roles on Life and Friday Night Lights.
Now back to the property, the Zisk/Langton home measures 4,474 sqft on 1.29 acres with 5 Beds/3.5 Baths built in 1941. According to the listing, the home is "one of the 10 largest estate lots in all of Longridge Estates........A 1941 "Old Hollywood" style traditional by Leonard A. Jones, A.I.A." The home also features a chef's gourmet kitchen, Art Deco Den with Ship-Lap Paneling & Wet-Bar, large formal dining room with Wainscoting, fully detached guest house screening room, salt water pool, 2 car garage, covered open dining breezeway, over 15 fruit trees, and security system. Lastly, all the colors you could desire are contained in this home.
So lets examine the property records which indicate that Zisk/Langton purchased this property not too long ago in June 2008 for $2,600,000 from Benedict Coulter, more on him later, right before the economy exploded to the downside which is rather unfortunate timing. As you recall from the listing price above, the property is currently offered at $2,375,000 which is under contract with a good possibility that the home actually sells for less in today's troubled housing market. Based on the current asking price, Zisk/Langton will be absorbing a minimum $225,000 loss not including real estate commissions and fees, any renovation costs, taxes, carrying costs, etc associated with living in this home. Thats a lot of dough by any standards. However, in relative terms, the loss represents about a 10% loss which is minor compared to what the rest of America is currently experiencing with 30 - 50 % equity loss so it could have been worse.
So who is Benedict Coulter? His name might be unknown but his work has probably convinced you to watch the latest movie release without him even confronting you. Coulter is president of Trailer Park, Inc, which is a movie trailer post production studio and advertising agency based in Hollywood. You probably have seen his work creating movie trailers in classics like Jurassic Park, Beverly Hills Cop, Top Gun, Fatal Attraction, Moulin Rouge, JFK, War of the Worlds, Walk the Line and X-Men. You can view his work at his website, http://benedictcoulter.com/Trailers/Welcome.html. I must warn you that this site is addictive as you will be dragged into watching several movie trailers from a myriad of movie classics from the 80s, 90s, and 2000s and essentially rekindling your past. The L.A. Times also ran an article on Coulter on July 20, 2008 which was coincidentally right after he sold this home titled, Driving Force Behind Movie Trailers by Josh Friedman.
One interesting tidbit from this article was a reference to Reseda's Wolf & Rissmiller's Country Club in Reseda which I never heard of. So I did some google research and discovered that this club was located on 18415 Sherman Way and was a huge club venue for 80's pop stars such as U2, Culture Club, Tom Petty & the Heartbreakers and many others during the 80's when it reached is climatic fame. The L.A. Times published an article on June 10, 1999 titled, Time Warp: 80's Rock On at Reseda Country Club by Bill Locey. So after initally writing about Zisk/Langton and then Coulter, I have somehow been inspired to do a BTTF post on the Reseda Country Club. So many rock and roll legends descending into Reseda. This is unheard of and unreal. I almost dont believe it. I mean its Reseda with all due respect but its not Hollywood or even Studio City. So anyways, keep a lookout for that BTTF post. But back to what I was saying from from the article by Friedman on Coulter:
He (Coulter) moved to Los Angeles from Paris in 1976 to play guitar with a blues band called KGB. Coulter got one gig with Chuck Berry at the old Wolf Y Rissmiller's Country Club in Reseda but realized "there were better guitar players than me at the farmers market."
Now that I got on a huge tangent where I supposed to be talking about this celebrity property, let me get back to Coulter's past in this property which was what I was originally trying to accomplish. Coulter purchased this property in May 2001 for $1,225,000 and initially tried to offload in October 2007 for $3,750,000 before finally settling for $2,600,000 after Coulter received a reality check of the then current market conditions and the coming real estate destruction in 2008, 2009, and also today.
For more celebrity real estate, check out the SFValleyblog "pseudo database" at Celebrity R.E.