"The contemporary-style home, built in 1950 and renovated in 1995, sits on nearly half an acre behind gates on a bluff. Unobstructed views extend from the mouth of Temescal Canyon up toward Malibu. According to assessor's records, the tri-level house has five bedrooms and four bathrooms in nearly 4,800 square feet of living space."
"The seller was philanthropist and entrepreneur Bernard Kinsey, according to property records. Kinsey is a former vice president at Xerox who later co-chaired Rebuild L.A., a program created by then-Los Angeles Mayor Tom Bradley to restore areas affected by the 1992 riots that followed the Rodney King beating and police trial."
"Banks, 42, is known for being a cover model for Sports Illustrated and working for Victoria's Secret. She has been a producer on 'America's Next Top Model' (2003-13), 'The Tyra Banks Show' (2008-10) and 'FABLife' (2015-16)."
Model and television personality Tyra Banks completed an off-market purchase of a contemporary-style home in Pacific Palisades for $7.35 million. The property, originally built in 1950 and renovated in 1995, features five bedrooms, four bathrooms, and nearly 4,800 square feet of living space situated on a gated half-acre bluff. The home offers unobstructed ocean views extending from Temescal Canyon toward Malibu, with a courtyard fountain and extensive entertaining space but no swimming pool. The seller was Bernard Kinsey, a former Xerox vice president and co-chair of Rebuild L.A. Banks has been actively trading real estate, having sold a Beverly Hills property for $6.33 million earlier this year and previously purchasing another Pacific Palisades property for $3.295 million.
Read at Los Angeles Times
Unable to calculate read time
Collection
[
|
...
]