Leslie Moonves, the president and CEO of CBS Network, has found a buyer for his La Costa Beach pad in Malibu. The home has got a "sale pending" status and should close soon.
The Los Angeles Times noticed the change in the status first. There is no intel on how much the house sold for or who the buyer is as it hasn't appeared on the MLS yet.
Moonves listed the La Costa Beach house early in March this year for $12.99 million. It was price-chopped to last list at $11.99 million.
The residence spans an area of 3,014 square feet and comprises of three bedrooms and three full and one half bathrooms.
The modern, contemporary house has a unique design with hardwood flooring, floor-to-ceiling glass windows, beamed and drywall ceilings and an open floor plan.
Living spaces include a formal drawing room, a dining area and a den. There is a spa in the courtyard and a beach-facing lounging area.
"Beautiful La Costa Beach home done in the very best taste with the finest craftsmanship," the listing reads. Check out photos here.
Moonves also recently purchased billionaire Paul Allen's Carbon Beach residence dropping $28 million on the beachfront property.
Sources told the New York Post that Allen hated the sound of sea, which was the major reason for selling.
The residence is a 5,794-square-feet single-family house, sitting on a 0.43-acre lot. Comprised of five bedrooms and seven bathrooms, the pad is complete with floor-to-ceiling glass walls and an open floor plan. The airy home has hardwood flooring, drywall ceilings and an infinity pool outside. Check out some photos of the home here.
Moonves reportedly took home $66.9 million in salary for 2013, CBS revealed in a proxy SEC filing. He received $3.5 million in salary, a $28.5 million bonus, $26.5 million stock CBS-awards, $5.8 million in option awards, a $1.3 million change in pension value and $1.2 million in other compensation including "$533,527 for car and driver, and personal use of the company jet, as well as $531,152 for security," according to Deadline.com.
Moonves was among the plaintiffs in a case against Aereo, the live-stream company which was accused of stealing broadcast content using tiny antennas. The U.S. supreme court ruled against Aereo Wednesday.
"We are very pleased. Justice was served. We expected to win, but it certainly feels good to win as decisively as we did," Moonves told Bloomberg.
