Hancock Park estate

This 14-room Hancock Park estate, commissioned by movie mogul Harry Warner, was built in 1923, and has seven bedrooms, 5 1/2 bathrooms, a detached guest house and oversized pool. (Jeff Elson)

Harry Warner estate in Hancock Park

Location: 501 S. Rossmore Ave., Los Angeles 90020

Size: Seven bedrooms and 5 1/2 bathrooms in 5,555 square feet

Published on: Oct. 19, 2008

Listed then for: $4.55 million

Sold for: $2.95 million last month

At water's edge in the O.C.

Location: 2717 Shell St., Newport Beach 92625

Size: Three bedrooms, three full bathrooms and three half-bathrooms in 3,300 square feet

Published on: June 21

Listed then for: $8.5 million

Listed now for: $6,495,000

Reduced by: 23.6%

Listing agents: Chad Rogers, Hilton & Hyland, (310) 278-3322; and Rob Giem, HOM Group, (949) 554-1214

-- Lauren Beale