Broker JV snatches up former Dodgers owner’s Malibu mansion for $55M
A joint venture involving players from Westside Estate Agency and the Beverly Hills Estates, along with renowned architect Scott Mitchell, scooped up former Los Angeles Dodgers owner Peter O’Malley’s Malibu mansion for $55 million in a deal that closed Wednesday. The JV — comprising Kurt Rappaport of Westside Estate Agency, the Beverly Hills Estates’ Jack Harris and Michael Fahimian, and Mitchell — is planning a full-scale redevelopment of the 1994-built home. The new build will be similar in size to the existing home, which spans 8,775 square feet on a 2.3-acre lot, but “nothing from the existing structures is going […]This article originally appeared on The Real Deal. Click here to read the full story.
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