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Located along "Billionaire's Beach" (David Geffen, Jeffrey Katzenberg, Larry Ellison, Paul Allen et al), the 3,500-square-foot property is being bought by attorney Stuart Liner and his wife for $10 million. Azoff, executive chairman of concert company Live Nation, bought the home in 2004 for $8.3 million. (LAT)
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Land stories:
Mercedes will move into shuttered Boeing plant in Long BeachRupert Murdoch buys Bel-Air vineyard and estate
Most expensive downtown condo in 2012: $4 million
First big Wilshire church no longer for sale
Hope compound in Toluca Lake coming on the market *
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.