Headphone designer drops $8M in Hollywood

Val Kolton bought a five-bedroom, four-bath home at 2260 Sunset Plaza Dr. in Hollywood from Russell G. Weiner for $8 million on Dec. 31.

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

Blockshopper green logo