Weiner paid $6.1 million for the 7,877-square-foot property in April 2004.
Mr. Kolton is a designer and serves as the founder and CEO of V-MODA, a marketer of medium to high priced earphones. He attended the University of Texas.
There were 559 home sales in Hollywood in 2008, with a median sales price of $950,000.
Address: 2260 Sunset Plaza Drive
Buyer(s): Val Kolton
Seller(s): Russell G Weiner
Sale date: Dec. 31, 2008