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Tech and Entertainment Have a Home in Silicon Beach

Tech Zulu Event

Malibu and Beverly Hills have long been hot neighborhoods for entertainment execs. The real estate impact of this activity can probably be traced to the 2011 arrival of Google in the Frank Gehry-designed “binoculars” building on Main Street in Santa Monica. Here, prices can climb higher. In West L.A.,

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Prices are soaring in the beachfront communities tech types favor, and rents in these. Earlier this year, Mr. Rappaport sold a beach cottage in Malibu to a Facebook executive for $6.8 CEO Terry Semels compound in Malibu for $37 million—Mr. Ellisons 27th Malibu property purchase, says Mr. Rappaport. Derek Wooden.