Fred Segal: One House Down, One to Go

The penthouse unit owned by high-end clothing retailer Fred Segal just fetched $3.3 million when it sold -- not quite the $4.995 million Segal was hoping for when he listed it in March 2010. Segal is still trying to sell off his Malibu home, a 6,000-square-foot mansion behind guard gates.

The 1,902-square-foot Laguna Beach penthouse is in the Laguna Royale complex along the Coast Highway. It's a one-level unit with three bedrooms and a large wraparound deck that maximizes ocean views and outdoor living. The 78-unit complex has a pool, spa, gym and 24-hour guard. The unit had been available for a six-month minimum lease at $11,500 a month.