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Million Dollar Lister Josh Flagg Buys David Katzenberg's House

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Everyone's last-favorite Million Dollar Listing cast member has picked up some real estate for himself--Josh Flagg's bought a cute little house above the Sunset Strip from nepotism-beneficiary David Katzenberg (son of DreamWorks CEO Jeffrey Katzenberg, dater of high-profile celebutantes). According to the ever-reliable Real Estalker, Katzenberg bought the 1935 Spanish bungalow in 2006 for $1.55 million and sold it to Flagg for barely any profit at all (and possibly a loss): final price was $1.6 million. The house has two bedrooms, two bathrooms, a backyard, spa, firepit, and what sounds like a tiny poolhouse with bathroom.

· David Katzenberg Sells Sunset Strip Digs To Josh Flagg [Real Estalker]