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This week in celeb real estate: Frank Sinatra-designed home hits market, a billionaire buys 2 Woodbridge properties… and more

From left: Frank Sinatra and his former oceanfront home in Malibu, and Jaime Gilinski and 805 Nimes Place in Bel Air (Credit: Mike Helfrich and Getty Images)

Two homes just under $13 million went on the market this week, one that had been owned by Frank Sinatra and the other by Ed McMahon. Meanwhile, billionaire Jaime Gilinski Bacal picked up two properties for more than $30 million, which were part of the Woodbridge Group of Companies portfolio.

In Malibu, a home designed by Sinatra and his wife, Barbara, is on the market for $12.9 million. The couple designed the 5,800-square-foot home with architect Ted Grenzbach. It features seven bedrooms and nine bathrooms, as well as a salon, sauna and lounge. Sinatra, who died in 1998, frequently entertained famous friends at the home, including actors Jack Lemmon, Gregory Peck, and Dick Van Dyke. It was touted as a $110,000-per-month rental before listing for sale.

Gilinski, a banker and real estate developer, is in escrow to pay $36 million for two properties held in the Woodbridge portfolio. The Colombian businessman is spending $25.1 million for a vacant 1.2-acre parcel in Bel Air, plus another $11 million for a home in the exclusive Bird Streets. That’s about $12 million less than what Woodbridge — which filed for bankruptcy earlier this year and has been shedding its portfolio — paid for them. Both properties come with elaborate renderings for a new mansion on the site. The purchase still requires approval from the bankruptcy court to proceed.

A Bel Air mansion that once belonged to “The Tonight Show” sidekick Ed McMahon is on the market for $12.5 million. The three-story, 20,000-square-foot estate was built in 1934. It features six bedrooms, nine bathrooms, a galley-style kitchen, an indoor-outdoor living room, and an elevator. A fountain, patio, a pool and a spa can be found outside. McMahon, who died in 2009, is best known for a 30-year tenure as Johnny Carson’s sidekick, where he coined the phrase, “Here’s Johnny.”

Also in Bel Air, the home of the late Mexican-American actress recently sold for nearly $7.7 million. Spanning 3,550 square feet, the two-story home has six bedrooms and five bathrooms. Paul Kohner, Tovar’s husband and Hollywood producer, bought the house for just $17,500 in 1936. Some of Tovar’s bigger roles include the Spanish version of “Dracula” and “The Invader.” She died in 2016 at age 106.

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  • 01 December 2018
  • The Real Deal
  • Uncategorized
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