The 6,500-square-foot house was built in 1948 in Las Flores.
Errico is a co-founder at Equinox Fitness Clubs and Spas.
According to BlockShopper.com, there have been 214 home sales in Malibu during the past 12 months, with a median sales price of $1.65 million.
Address: 3270 Serra Road
Buyer(s): Steven S Alexander and Vanessa Alexander
Seller(s): Peter J and Christy Eichler Jr (Family Trust) and Peter J Eichler (Trustee)
Sale date: Dec. 15, 2011