In the 10000 block of Levico Way, an arm of Chinese entertainment company Huayi Brothers bought an eight-plus-acre property in a gated community.
Found within a guard-gated community of just four homes, the undeveloped property includes a flat portion of more than two acres. Views from the site take in downtown L.A., Century City and Stone Canyon Reservoir.
The property relisted in January for $19.95 million and was more recently listed at $17.95 million, records show.
Stephen Shapiro of Westside Estate Agency had the listing.