The Variety "exclusive" on rumors regarding the Cecil B. DeMille property was actually originally a Page Six "exclusive" that was published on March 29 -- the same day the property was listed for sale. The DeMille estate was first listed a few years ago but couldn't find a buyer after a year on the market despite multiple price drops.
Cecil B. DeMille estate hits the market for $25M
On two green acres in Los Feliz’s gated Laughlin Park
Mar 29, 2017, 8:44am PDT
Some exciting developments for fans of Old Hollywood this week. For one thing, the venerable Egyptian Theater, where Cecil B. DeMille’s Ten Commandments premiered in 1923, is just about to emerge from a $500,000 renovation and restoration. For another, the Los Feliz compound that was the legendary filmmaker’s longtime family estate is also ready for its close-up, splashing onto the market with a $25-million price tag.Occupying 2.1 acres in Los Feliz’s gated Laughlin Park, the DeMille estate contains three structures: a Beaux Arts mansion built in 1913, a pool house, and a studio.According to public records, the sellers are writer Richard Grossman and art consultant Lisa Lyons—previous owners of such pedigreed properties as Castillo del Lago (they sold it to Madonna) and a 1927 Spanish by Roland Coate.Per an October 2000 feature in Town & Country, the couple enlisted the architectural firm of Tichenor & Thorp to restore and update the six-bedroom, ten-bath house and its grounds—a process that took six years.The estate popped up for sale in March of 2008 with an asking price of $26.25 million, which was about quadruple the highest price sale in the neighborhood at that time. Buyers were resistant, even after multiple price chops, and the property was delisted in 2009.While L.A.’s real estate market has certainly heated up quite a bit since 2009, to date, the most ever paid for a property in Los Feliz is $11 million. That record was set in 2015, when heiress Lydia Hearst and comedian Chris Hardwick purchased the Paul Williams-designed Rossetti mansion. With an asking price of $24.95 million, the DeMille estate seems to be shooting for the stars.
Angelina eyes historic $25M mansion after Pitt split
March 29, 2017 | 9:24pm
On the heels of her horrible, headline-making divorce from Brad Pitt, Angelina Jolie has set her sights on the famed, and very private, Cecil B. DeMille estate, which is up for sale for just under $25 million...
A source tells Page Six that Jolie “wants to make this her new home,” but reps for the actress and the listing broker did not return calls to Page Six on Wednesday night.
After filing for divorce, Pitt and Jolie put many of their shared homes up for sale, including Chateau Miraval in the south of France and their New Orleans mansion. Pitt originally bought the former couple’s Hollywood Hills home in 1994 and has spent over 20 years renovating and expanding it. His production company, Plan B, reportedly is based at the compound.
Other sources say that despite her interest in the DeMille house, which will likely become her LA base, she’ll continue globe-trotting with her brood and working on humanitarian causes.
Meanwhile, Jolie and Pitt have made peace, he recently visited their six kids in Cambodia while she was filming “First They Killed My Father.”
Published on Mar 30, 20172000 DE MILLE DR
LOS FELIZ CA 90027
Angelina Jolie may buy this historic L.A. mansion (EXCLUSIVE) https://t.co/jXADMTmFF9— Variety (@Variety) April 8, 2017
The celebrity property gossip rumor mill is abuzz that Angelina Jolie has her real estate eye on the historic, Hollywood pedigreed Cecil B. DeMille estate inside the gates of the low-key but high-toned Laughlin Park enclave in L.A.’s Los Feliz area. According to plugged-in property snitch Harvey Wallbanger, the Oscar-winning “Maleficent” star made an offer for the property that’s listed at $24.95 million but there’s no word on whether a sale will be finalized. The 2.1-acre spread, owned by novelist Richard Grossman and art consultant Lisa Lyons, would seem to provide enough space to house Jolie’s six children and the location is certainly convenient in terms of sharing custody of the kids with estranged husband Brad Pitt whose longtime compound is just over a mile away.
Through the years there have been numerous reports that they bought properties -- from an Italian estate to a house on the Turkish Coast to an apartment in New York -- that were all sitting in the market looking for buyers. It's been a favorite tactic to get free publicity for properties that are not attracting enough interest or are difficult to unload. The DeMille estate -- which failed to sell previously and has an asking price that LA Curbed described as "shooting for the stars" -- fits that description.
Angelina isn't likely to rush to make an offer for any property that is widely seen to be overpriced. Nor would she want to grab attention by smashing the record for the highest price paid in the area.
They are highly secretive with their personal affairs and leaks about any "interest" or "offer" hardly ever happens. Even after the deal is closed and the purchase has been registered, their interest in a property could be hidden from public view. They use multiple trusts that among other things shield their identity. Brad has used his Mondo Bongo Trust, Briarcliff Trust and Blaircliff Trust in assembling their compound and the names of Richie and Cynthia Pett appear on the deeds as money managers.
Variety claims it obtained its info from "plugged-in property snitch Harvey Wallbanger" -- a Harvey Wallbanger is a cocktail with orange juice and vodka.
Plan B and Annapurna worked together on Killing Them Softly.
Plan B On The Move; Is Annapurna New Home For Brad Pitt, Dede Gardner, Jeremy Kleiner? https://t.co/RzDPhgkrSv pic.twitter.com/sbXYeZB8fd— Deadline Hollywood (@DEADLINE) April 6, 2017
EXCLUSIVE: Plan B, which is coming off Best Picture winner Moonlight and has had as good a run as any production company in Hollywood over the past few years, is getting ready to move to a new home. They have been based at New Regency, where they made the Best-Picture winning The Big Short, but that pact expired in January.
We are hearing that Annapurna is the front-runner. Plan B, run by Brad Pitt, Dede Gardner and Jeremy Kleiner has had multiple suitors, but what a statement move this would be for Megan Ellison’s production/financing/distribution company. Plan B still has a good relationship with Regency; that’s where they’ll make Ad Astra, the James Gray-directed picture that is expected to be Pitt’s next starring vehicle.
The production company’s output has been nothing short of staggering. The credits range from Best Picture winner 12 Years A Slave to World War Z, The Big Short, World War Z 2, the Netflix David Michod-directed Pitt-starrer War Machine, Beautiful Boy, Okja, Best Picture winner The Departed, Charlie and the Chocolate Factory, and for television, The Normal Heart. No one is commenting until the move is made, but keep an eye on Annapurna; this is a deal that Ellison wants badly.
Annapurna has been very smart in the way they are methodically building their company with the addition of smart executives and having just beefed up its marketing and distribution teams. It also signed a multi-picture output deal (announced today) with Hulu, the first of its kind for Annapurna. Any deal with Plan B would also be the first of its kind as the company is pushing towards mini-studio status. (The company is also partnered with Boal on the company Page One, but that was for the Serial podcast).
With the production, marketing and distribution launch of Kathryn Bigelow/Mark Boal’s Untitled Detroit Project in August, Annapurna will be a bonafide mini-major.
The company, which has gained a reputation as a haven for artists and an eye for picking successful fare, has churned out some of the best product around with films such Kathryn Bigelow/Mark Boal’s Zero Dark Thirty, David O. Russell’s American Hustle and the original, and Spike Jonze high-concept film Her. The company has garnered a total of 32 Academy Award nominations, including for those three films. Ellison is also one of only four honorees ever to receive two Best Picture nominations in the same year, with Her and American Hustle in 2014.