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Producer Jerry Weintraub Selling Malibu Compound for $42.5M

Jerry Weintraub, best known for producing The Karate Kid (the original and the 2010 remake), Ocean's Eleven, Ocean's Twelve, and Ocean's Thirteen, is selling his colossal oceanfront estate for $42.5 million. If the mega producer fetches the full asking price of his Malibu property then he will score himself a major pay day. The former chairman and CEO of United Artists bought the residence in the late 1970's for the relatively small sum of $1.3 million. View the listing.

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Producer Jerry Weintraub Selling Malibu Compound for $42.5M

Jerry Weintraub, best known for producing The Karate Kid (the original and the 2010 remake), Ocean's Eleven, Ocean's Twelve, and Ocean's Thirteen, is selling his colossal oceanfront estate for $42.5 million. If the mega producer fetches the full asking price of his Malibu property then he will score himself a major pay day. The former chairman and CEO of United Artists bought the residence in the late 1970's for the relatively small sum of $1.3 million. View the listing.

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