By
Marty McFly -
Wednesday, June 11, 2014
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It must be real estate season because there has been a barrage of celeb R.E. transactions in the SFV. I havent been able to post fast enough so below is a highly summarized list of the latest gossip.
Starting off with America's Environmentalist, Ed Begley, Jr, who has been practicing green living since 1970 has sold his famous Studio City house (shown above) that was featured in the reality series, Living With Ed, on the Planet Green network which was first reported by the folks at the North Hollywood-Toluca Lake Patch. Begley is also famous for his acting career with his most notable role as Dr. Victor Ehrlich on the TV series, St. Elsewhere.
The home measures 2 Beds/1.5 Baths on 1,586 sqft on a total lot size of 8,098 sqft built in 1937 but features many modern and updated features on top of the alternative energy benefits which Begley claims he only pays $300 annually in electric bills. Begley purchased this home back on March 25, 1988 for $275,000 which was a steal compared to the sold price of $1,025,000 on May 20, 2104 representing a gain of $750,000 brought upon by a bidding war that pushed the original listing price up from $960,000 when first listed on April 22, 2014. Also check out the video that includes Begley describing the details of the home.
Begley wasnt born in the SFV but is a true local as he attended Notre Dame High School in Sherman Oaks, Valley College in Valley Glen, and has been living in the SFV ever since. So for Begley's new home, he kept it real and only moved a few blocks nearby the LA River to build a new home that Begley claims will be "North America's greenest, most sustainable home" which will be featured on a web series called On Begley Street.
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| Image courtesy Google Maps (Sep 2011) |
Begley's new home (shown above) was actually purchased on April 2, 2010 for $1,080,000 which originally measured 3 Beds/1.75 Baths on 2,143 sqft with a total lot size of 0.26 acres built in 1936. The listing pictures are crappy which doesnt matter much since Begley completely demolished and is building from the ground up. Its possible that the home is completed by now so I hope to drive by and snap some pictures to check the progress.
The always informative
Lauren Beale at LA Times Hot Property broke the news on May 22, 2014 of
Gerry Beckley, a founding member of folk rock band America, has listed his Sherman Oaks home (shown above) on May 15, 2014 for $2,199,000. The home measures 5 Beds/4 Baths on 4,052 sqft on a total lot size of 9,230 sqft built in 1941. The purchase price and date of this home is not listed but appears to be sometime in the late 80's or early 90's.
Lauren Beale at
LA Times Hot Property also revealed on May 29, 2014 that
Deal or No Deal game show host,
Howie Mandel, recently picked up 3 acres of land in Encino (shown above). The actual transaction took place on April 24, 2014 for $1.2 million. The lot was previously owned by an attorney couple who are also trying to sell the historic
Myron Hunt designed Spanish Hacienda next door which at the time of this writing is off the market and hasnt had any luck selling when first listed on March 21, 2013 for $5,750,000.
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| Images courtesy Bing Maps |
The Encino land was previously owned by Annie Lennox, lead singer of the 80's band Eurythmics, who purchased the home and site for $1.4 million in 1986 and later sold at a significant loss on September 15, 1993 for $890,000. The house changed hands again on March 29, 1995 for $261,409 which I am guessing is when the house on the site was burned down and became a land deal which has remained in that condition ever since, its possible that I am wrong so dont quote me.
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| Images courtesy Bing Maps |
Mandel has been extensive buyer and seller of real estate with his main home in Hidden Hills. He has recently sold a
Malibu home,
another Hidden Hills home sold in 2001 that was purchased by a member of the Foo Fighters, and holds other properties throughout LA.
You can view more SFV Celeb R.E.
here.
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Marty Mcfly
Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.
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