Forman and Morton paid $2.2 million for the property in Aug. 2004. The 3,429-square-foot house was built in 1991.
Hugh Evans of Partners Trust is the listing agent for the home.
Mr. Forman is chief financial officer, director and partner at Crestwood Midstream Partners LLC, a Los Angeles private equity firm. He also serves on the Board of Directors with Capital Product Partners and Energy Solutions International Ltd.
He has also served as chief financial officer at Leviathan. He received his B.A. in economics and political science from Vanderbilt University.
According to BlockShopper.com, there were 196 sales in Pacific Palisades in 2008, with a median sales price of $1,986,250.
Address: 400 Lombard Avenue
Buyer(s): Keith Forman and Mary Morton
Seller(s): Heidi J McCarthy and Scott C McCarthy
Sale date: Aug. 17, 2004