Brian Grazer, an Oscar-winning film and TV producer, is expected to remodel a 10,000-square-foot Spanish-style home he's purchased in Santa Monica.
He plopped down $12.5 million on the Santa Monica house with six bedrooms and nine bathrooms in early December. He then withdrew his 6,000-square-foot Malibu Colony house from the market on Dec. 28. When last listed, the Malibu place was for sale at $19.5 million.
Grazer co-founded Imagine Entertainment with Ron Howard and will be producing the 84th Annual Academy Awards next month.