Looking back on the biggest real estate stories of the year in the Brentwood area
As 2022 comes to a close, here are the top 10 real estate stories for the Brentwood area.
Holdings Company Buys Brentwood Shopping Center for $30 Million
January 21, 2022 – The Brentwood Shopping Center has changed hands in a $30 million dollar sale. Full article here.
Billionaire Orthopedic Surgeon Buys $23.9 Million Brentwood Mansion
February 18, 2022 – A billionaire orthopedic surgeon has bought a $23.9 million Brentwood mansion. Full article here.
Cliff May Brentwood Ranch Home Sells for $7.2 Million
February 25, 2022 – In Brentwood, the third California Ranch Style home that was designed by celebrated California designer Cliff May was recently sold for $7.2 million as reported by Forbes.com. The home is located in the Riviera Ranch equestrian development of Brentwood and is the first home built as part of that area. Full article here.
Tech Entrepreneur Saves Classic 1930s Brentwood Estate From Demolition
May 6, 2022 – Tech CEO John Hering has saved a classic home in Brentwood Park. Full article here.
Bob Saget’s Former Brentwood Home on Market
June 10, 2022 – Late Comedian Bob Saget’s former Brentwood home is now for sale and listed at $7.765 million as reported by The Los Angeles Times. Saget died in January at the age of 65 and lived on the property with his wife Kelly Rizzo for almost two decades paid $2.895 million for the home in 2003 as shown by public records. The agent for the sale is Adam Saget of Compass who is the comedian’s nephew. Full article here.
Fleetwood Mac’s Lindsey Buckingham Buys Brentwood Mansion
July 9, 2022 – In an off-market sale, musician Lindsey Buckingham of the 70s rock band Fleetwood Mac has purchased a mansion in the Brentwood Park neighborhood for $14 million. Full article here.
Russell Westbrook Seeks $30 Million for Brentwood Mansion
September 17, 2022 – Russell Westbrook, the point guard for the Los Angeles Lakers, has put his home in Los Angeles on the market amid what is termed as “perpetual trade rumors” as reported by The Dirt.com. Westbrook has only been with the Lakers for less than a year. Full article here.
More Housing Coming to West Los Angeles VA Campus
November 5, 2022 – The Veterans Affairs Campus will be the site of a second permanent supportive housing project now that the Los Angeles County Board of Supervisors has voted to release $33.7 million in bonds to pay for it as reported by Urbanize Los Angeles. The tax-exempt bond money will go to Thomas Safran and Associates who will develop Building 402 at 11301 Wilshire Boulevard. Full article here.
Jeffrey Feinberg Relists Brentwood Mansion for $43 Million
December 9, 2022 – Hedge fund manager, Jeffrey “Jeff” Feinberg, has made some changes to the listing of his mansion in Brentwood as reported by The Dirt.com. The home has languished on the market for six months with a $48 million price tag but has recently be relisted with a new name and slightly lower price. Full article here.
24-Story Mixed-Use Development in Brentwood
December 16, 2022 – Century Investments has filed an application to demolish the shopping center at 11701 Wilshire Boulevard after 20 years. Full article here.
