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Former Time Warner executive puts house on market

Gerald Levin, former Time Warner chief who played a huge part in merging AOL and Time Warner, recently put his California home on the market.

Gerald Levin, former Time Warner chief who played a huge part in merging AOL and Time Warner, recently put his California home on the market.

Gerald Levin, former Time Warner chief, and his wife Laurie Ann Levin, founder and chief executive of the Moonview Sanctuary psychological institute, recently placed their Marina del Rey, California, home on the market for close to $2.5 million.

After retiring from Time Warner, Levin made news by apologizing for creating AOL Time Warner, which he said was a mistake during a rare appearance with AOL co-founder Steve Case.

The 3,842-square-foot home was built in 1997 and has three stories. It sits on a corner lot and features four bedrooms and four bathrooms, in addition to outdoor patio spaces and an office space.

According to records obtained by the Los Angeles Times, the property was last purchased in 1997 for $936,000.

Levin is not the only prominent figure in L.A. who hopes to be packing up and moving, as actors Ryan Phillippe, David Spade and David Schwimmer all recently placed their homes on the market also.