The 1,540-square-foot house in Central Palos Verdes Estates was built in 1949.
Mr. Bargani is the owner of West Coast Foundry, a stainless steel foundry in Huntington Park.
He holds a B.S. in metallurgical engineering from University of Wisconsin-Madison.
According to BlockShopper.com, there have been 139 home sales in Palos Verdes Estates during the past 12 months, with a median sales price of $1.467 million.
Address: 829 Via Somonte
Buyer(s): Michael Bargani
Seller(s): Kathryn N Daniels (Trustee) and William J Daniels and Kathryn N Daniels The (Family Trust)
Sale date: Dec. 7, 2010