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Real Estate

Here’s Your Chance to Be Malibu’s ‘Most Important Land Owner’

All you need is $150 million and a dream.
The Broad Beach parcel

The Broad Beach parcel

Source: The Agency

The late Hollywood dealmaker Jerry Perenchio started his career representing movie stars such as Marlon Brando and Elizabeth Taylor and capped it by turning Univision into the largest Spanish-language broadcaster in the U.S. Along the way, he built a $3.2 billion fortune and assembled a sparkling portfolio of Los Angeles area real estate, including a Bel-Air mansion that recently listed for a hard-to-fathom $350 million.    

Perenchio died in May at 86. Now the Perenchio family is selling a package of undeveloped land in Malibu, the hyper-affluent beach enclave favored by Hollywood stars and business titans.