The Owners of Skechers Just Created a $31 Million SoCal Beach Compound

The founding family of Skechers has officially added another piece to their ever-growing SoCal real estate portfolio. Records indicate an entity tied to the Manhattan Beach-based footwear brand has forked over $15.4 million in an off-market deal for the house immediately right next door to a Los Angeles-area parcel they already bought for $16 million back in spring 2019. Together, both properties span about three-quarters of an acre and cost a combined $31 million.

The Greenbergs’ latest Hermosa Beach addition is a traditional three-bedroom, four-bath home with almost 2,800 square feet of single-level living space perched atop an attached two-car garage. Built back in the late 1940s but updated in the years since, and resting on a cul-de-sac parcel spanning a third of an acre, the tan wood-sided structure was most recently offered for rent at $14,750 per month.

Though it was never officially on the market, a recent listing shows a glass-lined living room sporting a fireplace enhanced with a brick surround, as well as built-in shelving and doors spilling out to the backyard. Other highlights include a couple of dining areas, a kitchen outfitted with blue-and-white cabinetry and newer stainless appliances, and an adjacent den warmed by a Franklin stove and equipped with an integrated entertainment center.

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