The 4,852-square-foot house was built in 1974 in South Hidden Hills. Alissa Humphries of Ewing & Associates Sotheby's International Realty is the listing agent for the home.
Mr. McBain is a former president, CEO and founder of McBain Instruments (now McBain Systems), a provider of research, inspection and laboratory microscopy systems. He also served as an executive for a multinational technology corporation PerkinElmer, Inc. He is a former world-famous track star at UCLA and was named to the UCLA Hall of Fame.
He graduated from the University of California - Los Angeles.
According to BlockShopper.com, there have been 14 home sales in Hidden Hills during the last 12 months, with a median sales price of $2.625 million.
Address: 5546 Jed Smith Road
Buyer(s): Peter S Kravitz
Seller(s): Bette G McBain (Trustee) and Carl H McBain (Trustee)
Sale date: Dec. 23, 2011