The gated property sits on roughly half an acre, with views from downtown Los Angeles to the ocean.Located in the exclusive community of Trousdale Estates, the home has views from downtown Los Angeles to the ocean, said real-estate agent Carl Gambino of Compass, who is co-listing the property with Dena Luciano ofThe house is approximately 6,230 square feet with five bedrooms, he said, plus a separate pool house that can be used as a guesthouse.
The Chapmans didn’t respond to a request for comment. According to Mr. Gambino, the owners tapped designer Pamela Shamshiri of Studio Shamshiri and spent several years completely renovating and redesigning the home. The house was originally built in the 1960s, records show, and has been torn down to the studs and rebuilt multiple times. The gated property, on roughly half an acre, is set back from the street and is extremely private, he said.
Mr. Gambino said as part of an extensive remodel, the owners redid the kitchen and added a media room and office. Outside, they ripped out decking in the backyard and added landscaping and a garden. The Chapmans founded their company in 1987. In 2017, they sold a majority stake of Matchesfashion to private-equity firm Apax Partners for an undisclosed sum.
In Beverly Hills, the median sale price for a luxury single-family home rose 29.6% in the first quarter, according to real-estate appraisal firm Miller Samuel.Trousdale Estates is an area of Beverly Hills. An earlier version of this article incorrectly said it is a gated community.
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