Quibi — the little loved and already mostly forgotten $1.75 billion streaming platform that lived for only eight months — may have gone down in a spectacular flameout of financial woes and schadenfreude, but founder Jeffrey Katzenberg and his family remain firmly in the black. Case in point, Katzenberg’s 37-year-old daughter Laura, who recently shelled out an impressive $9.5 million to upgrade her L.A. residential circumstances. Her new mansion of choice lies atop a prime corner lot on one of Brentwood’s most desirable streets.
Of course, that sort of big real estate purchase is also backed by Katzenberg’s astoundingly successful, nearly 50-year career outside of Quibi, during which time he was Chairman of Walt Disney Studios from 1984 until ’94, overseeing the production of classic films such as “The Little Mermaid,” “Beauty and the Beast,” and “The Lion King.” When he left Disney and started DreamWorks Animation, the hits became (arguably) even bigger, with globally successful franchises that included “Shrek,” “Kung Fu Panda,” “Madagascar,” and “How to Train Your Dragon.”
For her part, Laura Katzenberg keeps a lower public profile than her media titan dad, only occasionally popping up in news feeds when Elton John performs a surprise serenade at her wedding, or when she attends this or that gala with husband Mark Sudack, a music producer who once dated Mariah Carey. The couple’s attractive new digs are described as “European Traditional” in listings held by David Offer at Berkshire Hathaway HomeServices, and the impressive house sports six bedrooms and a total of 4.75 baths in about 6,100 square feet of living space, per property records. Rayni Williams at The Beverly Hills Estates and Mick Partridge at Hilton & Hyland repped Katzenberg in her purchase.
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Image Credit: Redfin -
Image Credit: Redfin The mansion sits behind big magnolia trees and a hedge encircling a grassy front lawn. Inside, 11-foot ceilings open up the public spaces, which include a step-down, fireplace-equipped combo library/living room sheathed in gunmetal grey walls. Light brown hardwood floors flow around the commodious foyer, and up a winding staircase.
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Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin Other main floor spaces include a formal dining room with picture windows framing views of the gardens, and a family room with another fireplace and direct access to the backyard. The adjoining chef’s kitchen is swanked out with custom cabinetry and quartzite countertops and backsplash, plus all the designer appliances money can buy. Naturally, there’s also a commodious butler’s pantry with a wine refrigerator and custom built-ins.
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Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin All six of the home’s bedrooms are located on the second floor, per the listing, and are headed by a master suite with a sitting area and its own private outdoor terrace. There are also two bonus rooms elsewhere in the house — one on the ground floor, the other on the attic-level third floor — that could easily be repurposed into additional bedrooms, a gym, offices, music studios, extra storage closets, or whatever Katzenberg and Sudack dream up.
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Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin Step into the backyard for a taste of Southern antebellum style in Los Angeles. The white-columned loggia shading al fresco dining spaces, and the grassy lawns shaded by multiple magnolia trees make you think you’re at a country estate in Alabama or Georgia, not in one of SoCal’s poshest neighborhoods. Boxwood hedges surround a plunge pool, and tucked into a rear corner of the .3-acre lot is a half-court basketball court. For the young kiddies, there’s also an in-ground trampoline. The home’s attached two-car garage is discreetly mounted on a quiet side street, away from the main avenue.
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Image Credit: Redfin -
Image Credit: Redfin Unsurprisingly, given their big new $9.5 million purchase, Katzenberg and Sudack have also listed their L.A. “starter” house, a traditional-style affair in the affluent Little Holmby area between Holmby Hills and Westwood. The 4,900-square-foot structure (below) packs in 5 bedrooms and 6.5 baths, and is offered at $7.995 million.
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Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin Acquired by the Katzenberg-Sudacks in December 2013 for $4.5 million, the couple subsequently spent months renovating the 1930s property, which now boasts clean-lined contemporary interiors with open living spaces, a fully renovated kitchen with marble countertops and Wolf and SubZero appliances. There’s a large children’s playroom, a gracious courtyard entry, plus a dark-bottomed plunge pool with inset spa and a detached two-car garage that’s been converted into a breezy poolside cabana.
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Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin -
Image Credit: Redfin Mick Partridge of Hilton & Hyland and Rayni Williams of The Beverly Hills Estates hold the Little Holmby listing.