Entertainment industry vet John Sykes has made an interesting purchase over on the westside. The MTV co-founder has reportedly bought a 1941 time capsule home for $7,850,000—a steep discount from the $9,499,000 asking price. But if you’re expecting shiny, modern updates at the address, you may be disappointed.
Located on one of Santa Monica’s most coveted streets, the nearly half-acre parcel offers a flat park-like setting just blocks from Montana Avenue and the beach. The existing five bedroom/five bathroom residence with pool house immediately takes you back in time.
The main living spaces—designed with wood paneling, retro carpet and outdated wallpaper—offer seamless indoor and outdoor living and the greenery, ocean and canyon. This is a fixer upper for sure, but one that has a pretty enviable address.
Tara Rodgers with Compass repped the seller, while Frank Langen, also with Compass, represented the buyer.