Hot Property: Actor Robert Loggia sells Bel-Air home for $2.95 million
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Veteran actor Robert Loggia has sold his longtime Bel-Air home for $2.95 million, the Multiple Listing Service shows.
The French Country-style home, with five bedrooms and four bathrooms in 4,620 square feet, sits on half an acre. The gated house, built in 1968, was recently remodeled and has a flexible floor plan with two second-story master suites. There are two-story windows, high ceilings and four fireplaces.
The property came on the market in March at $3.65 million. That’s an 80.82% sales-price-to-list-price ratio. Bearing in mind that anybody can list at any price, ZIPRealty runs quarterly data on the sales-to-list-price ratio that offers some perspective for specific markets (not individual houses). Rancho Bernardo 92127, in San Diego County, had the highest sales-to-list-price ratio at 125% for sold homes during the third quarter in ZIPRealty’s latest report. You can find the full ZIPRealty report online to see how other Southern California cities stack up.
Public records show Loggia’s ownership of the Bel-Air house began in 1992 but do not include the purchase price.
As for his 90049 ZIP Code, there were 175 single-family-home sales in the first three quarters of 2009 at a median of $1,766,000, according to MDA DataQuick. That’s a 17.9% price drop from the first three quarters of 2008.
Loggia, 79, has been a familiar face on TV and movies for decades. His scores of credits include ‘The Sopranos’ (2004), ‘Independence Day’ (1996), ‘Prizzi’s Honor’ (1985) and ‘The Rockford Files’ (1976-78). He starred in ‘T.H.E. Cat’ (1966-67).
-- Lauren Beale
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