Former Fox executive Viet Dinh didn’t have to travel far to get to his new Pacific Palisades home.
The property at 14330 West Sunset Boulevard is about two miles from the Brentwood mansion Dinh and his wife reportedly sold to rapper Drake. The couple paid $25.4 million for the Hamptons-inspired home in the Palisades’ Rustic Canyon neighborhood, property records show.
The seller was an LLC tied to Damon Porter, according to property records. Porter is the CEO of Los Angeles developer Dynamic Real Estate Partners.
Gary Glass of Christie’s AKG and H. Blair Chang of The Agency represented the seller. Carolwood Estates’ Drew Fenton and Berkshire Hathaway HomeServices California Properties’ Lauren Ravitz represented the buyer.
The 15,100-square-foot home originally listed for $34.5 million last year before a series of price reductions, according to Zillow. The sale price is 26 percent less than the original ask. That’s in line with broader trends in the Palisades housing market, where prices fell 36.5 percent in April compared to a year ago to a median of $3.3 million, according to Redfin.