The 5,516-square-foot house was built in 1952.
Amy Hollingsworth of Coldwell Banker is the listing agent.
Mr. Hobin is president and CEO of The William Warren Group, a Santa Monica-based real estate company engaged in acquisition, development, investment, and property management.
He attended UCLA, where he received a B.A. in political science
According to BlockShopper.com, there were 196 home sales in Pacific Palisades in 2008, with median sales price of $1,986,250.
Address: 601 Frontera Drive
Buyer(s): William Warren Hobbin (Family Trust), Michelle R Hobin (Trustee) (Trustee) and William W Hobin
Seller(s): Karen A Cogswell (Trustee), Frame Lester L 1991 (Trustee) (Family Trust) and Donna Tuttle
Sale date: Nov. 3, 2006