Leonardo Di Caprio Buy Home at Malibu Beachfront - Sources

Leonardo DiCaprio Buys Malibu Beachfront Home from one of Trump’s Cabinet Picks. Secretary of Army nominee Vincent Viola sold the property to the actor for $23 million.

According to Mansion Global, Serial real estate investor, Leonardo DiCaprio has paid one of President-elect Donald Trump’s cabinet picks $23 million for a nearly barren 1.8-acre Malibu beachfront lot, property records show.

The land on Pacific Coast Highway is located in an exclusive neighborhood of celebrity-owned mansions, wedged directly between "Friends" star Courteney Cox and TV producer Mark Burnett, according to property records. But unlike their impressive beachfront homes, "The Revenant" star’s new digs consist of a one-bedroom, cliff-side bungalow the size of a modest Manhattan apartment.

From the highway, a thick of trees and overgrown brush cover the property, guardedby abasicchain-link fence. But beyond the fence, along an unkempt gravel road, is what looks like an impressive and unobscured cliffside vista.

As stars do, Mr. DiCaprio, 42, bought the property under an obscure limited liability company called Jinpar 1031 at the end of November, according to the deed, which lists the mailing address of Mr. DiCaprio’s production company Appian Way.

The seller was none other than Mr. Trump’s pick for Army secretary, Vincent Viola, a billionaire investor, who bought the home back in 2006 from English film director Sir Ridley Scott for $11 million, according to property records. Mr. Viola’s son, Michael Viola, signed the home over Mr. DiCaprio'sLLC, according to the deed.