USC football coach Lane Kiffin buys home in Manhattan Beach

USC head football coach Lane Kiffin and his wife, Layla, have bought a home in Manhattan Beach for $5.5 million.

The 7,308-square-foot contemporary Craftsman includes six bedrooms and seven bathrooms. The beach city is popular with college and professional coaches and athletes in part because of its proximity to Los Angeles International Airport and professional training facilities.

At 37, Kiffin is the youngest active BCS Conference head coach in college football. When he coached the Oakland Raiders starting in 2007 he was the youngest head coach in NFL history.

Kiffin earned about $2.4 million in 2010, according to USC's federal tax return. USC will be eligible for postseason play this football season after two years of National Collegiate Athletic Assn. sanctions.

Kris Terrill of Shorewood Realtor's Highland Manhattan Beach office was the listing agent. Stroyke Properties represented the Kiffins.

Meg Ryan not sleeping in Bel-Air

Meg Ryan has finally sold her house in Bel-Air for $11.125 million. The two-story home had been on and off the market since 2008, when it was listed at $19.5 million.

It's doubtful the actress lost any sleep over the prolonged process or the sales price, however. She bought the property in 2000 for $8.995 million and had been leasing it out last year at $40,000 a month.

The classic Spanish-style house, built in 1931 and restored during Ryan's ownership, features stenciled beam ceilings, arched doorways and ironwork. There are city and ocean views, two family rooms, a pub room, a screening room, six bedrooms and seven bathrooms in 6,877 square feet. The four fireplaces include one in the guesthouse.

French doors open to a loggia, a dining pavilion, lawn and a swimming pool on the nearly three-quarter-acre lot.

Ryan, 50, starred in such romantic comedies as "When Harry Met Sally ..." (1989), "Sleepless in Seattle" (1993) and "You've Got Mail" (1998). Her more recent work includes "Serious Moonlight," "The Women" and "My Mom's New Boyfriend." She will star in the upcoming "The Lives of Saints" and "Long Time Gone."

David Offer of Prudential California Realty's Brentwood office was the listing agent. Kurt Rappaport and Richard Ehrlich of Westside Estate Agency represented the buyer.

'Le Palais' is aptly named at $58 million

International developer Mohamed Hadid has put a palatial estate on the market in Beverly Hills at $58 million.

Known as "Le Palais" and "The Crescent Palace," the newly built 48,000-square-foot mansion sits on 1.09 acres near the Beverly Hills Hotel. The French chateau-style residence has a hand-carved limestone exterior. The three floors of contemporary interiors include an indoor pool, seven bedrooms and 11 bathrooms. Three additional bathrooms are in the outdoor areas, which feature a 60-foot-long infinity-edge pool, a pond and palm, olive and magnolia trees. There is parking to accommodate at least 10 cars.

Over 30 years, Hadid has developed hotels and commercial projects as well as luxury homes. He has appeared on "The Real Housewives of Beverly Hills."

Joyce Rey and Stacy Gottula of Coldwell Banker are the listing agents.

Drummer hopes to snare a buyer

Brad Wilk of Rage Against the Machine and his wife, vocalist Selene Vigil, have listed their house in Malibu at $2.699 million.

The contemporary home, built in 2001, takes in ocean views from its hillside perch. Walls of glass in the living room open to a large deck. The house has about 2,750 square feet of living space containing a loft office, two bedrooms and three bathrooms.

Source: http://www.latimes.com/classified/realestate/news/la-fi-hotprop-20120715,0,1627028.story?track=rss

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