Hormel acquired the property for $1.23 million in Dec. 2003. The 2,400-square-foot house was built in 1956.
Christina Polster of Prudential California Realty is the listing agent for the home.
Hormel is the founder of Global Environment Project Institute, which promotes projects that help increase environmental awareness. The institute is based in the Pacific Palisades.
According to BlockShopper.com, there have been 392 home sales in Pacific Palisades during the past 12 months, with a median sales price of $1.9625 million.
Address: 17850 Tramonto Drive
Buyer(s): Thomas D Hormel
Seller(s): Rampa Hormel
Sale date: Dec. 22, 2003