Entertainment Mogul Jeremy Zimmer Acquires $11 Million Riviera Property

By JENNIKA INGRAM | Reporter 

Entertainment executive Jeremy Zimmer purchased a Palisades property for $11 million in the Riviera neighborhood in a transaction that reportedly happened at the end of 2019 and only became public recently, according to Variety.

The scenic double-lot property spans an acre, and is lined by eucalyptus trees and ocean views. The mansard roofed mansion was originally built in the 1930s.

Last sold in 2016, it went for a price tag of $9.8 million to professional baseball player Kevin O’Malley, co-owner of the San Diego Padres and the son of former Dodgers owner, Peter O’Malley, according to Variety. It is rumored that the younger O’Malley never moved into the home.

He took the purchase and flipped after only completing half of the massive renovation and expansion of the existing structure to create the $11.1 million price tag.

At the time, the 5,901-square-foot home featured six bedrooms and seven bathrooms. It’s reported that Zimmer has already “razed” the home to make room for a bigger home of his own design, according to Variety.

Zimmer, 62, worked his way up from the William Morris mailroom and eventually transferred to ICM Partners. He became known as a talent agent working on pictures like “Die Hard” and “In the Line of Fire.”

Zimmer continued to navigate the agency world, moving up the ladder until eventually becoming the CEO of United Talent Agency, a firm he co-founded.

Neighbors in the area of the new Riviera neighborhood property are reported to include Sam Raimi, Steven Spielberg, Kate Hudson, Kevin Feige and Jessica Capshaw.

While waiting to move out, Zimmer and his wife, Marissa Miller Zimmer, are alleged to reside in a 100,000-square-foot traditional home in the Brentwood Park neighborhood.

The Brentwood home, originally built in the 1920s, was renovated by architect Steve Giannetti before being put up for sale last spring. The listing, set for $20 million, was removed a short time later.

David Offer of Berkshire Hathaway HomeServices handled the Riviera property listing and transaction.