Xavier Nady

Hot Property: Shuffling the deck

For those of you who keep tabs on the ultra-riche, stratosphere sector of the SoCal housing market, the top just got a haircut. The most expensive home for sale in America is no longer the larger-than-life spec mansion that debuted a year ago in Bel-Air at $250 million. A price cut to $188 million leaves the Manor in Holmby Hills as the high-price leader at $200 million.

This week’s roundup will be slightly more down to earth and includes an architectural gem in Los Feliz that just sold for nearly $4.7 million, a writer’s Culver City home with a dance studio and...

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