Mitzi Shore, the famed owner of The Comedy Store on LA’s Sunset Strip (and Pauly Shore’s mom), has just sold her longtime home in Los Angeles.
Listed by the downsizing octogenarian for $5.8 million in August 2013, the deal just closed for an even $5 million on February 7, 2014.
Mitzi Shore is known by many in the funny business as the maker and breaker of comedy careers. From the 1970s to the 1990s, Mitzi nurtured the budding starts of many well-known comedians and late night talk show hosts, including David Letterman, Jay Leno, Jim Carrey, Chris Rock, Chelsea Handler, Richard Pryor, and Robin Williams.
Reports suggest that Shore sold the home because she’s in declining health and looking to cut back on her holdings. Mitzi has already handed off the day-to-day management of her famous comedy club to her family — which has resulted in a pretty scandalous and un-funny lawsuit between her two sons.
When Mitzi listed the home last summer, it was the first time that the legendary Old Hollywood estate has been on the market since she bought it 40 years ago. Prior to Shore’s long-term residency in the estate, the villa in the Hollywood Hills was once home to 1940’s-era singer/movie star Dorothy Lamour.
Built in 1936, this ivy-covered European Villa includes five bedrooms, six bathrooms, and sits on one of the largest flat lots in the area — a rare and desirable asset for homes located in the Hollywood Hills. While loaded with character and charm on the outside, the home will need a lot of TLC on the inside. According to the listing description, this home needs “to be fully restored/rebuilt.”
Kurt Rappaport of the Westside Estate Agency represented both the buyer and the seller on this deal.
