The Broudys acquired the property for $640,000 in Jan. 1998. The 1,460-square-foot house was built in 1936.
Michael Edlen of Coldwell Banker Previews is the listing agent for the home.
Mr. Broudy has been the national sales manager at Intuit, a computer software company founded in 1983.
He has also served as the president of Creative Light Entertainment, a film distribution company.
He earned his bachelor's in economics from UCLA.
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: 1057 Chautauqua Boulevard
Buyer(s): Jeffrey A Broudy and Wendy M Broudy
Seller(s): Norman K Andersen (Trustee) and Revocable Andersen (Family Trust)
Sale date: Jan. 30, 1998