Francis and Jacqueline Puglise sold a four-bedroom, two-bath home at 1070 River Birch St. in Hollywood to Diego Benbassat and Gabriela Schaffer for $460,000 on Nov. 2.

The Puglises paid $556,350 for the property in June 2005. The 2,428-square-foot house in the Hollywood East neighborhood was built in 1994. It was listed for as much as $499,000.

Mr. Puglise serves as the principal of the energy and utilities practice at Oliver Wyman, management consulting firm. Prior to that, he worked as a senior managing consultant at IBM Business Consulting Services and he worked with Morgan Stanley.

He earned his B.A. from the University of Virginia, his M.B.A. from in strategic planning from the Wharton School of Business and his M.A. in international studies from the University of Pennsylvania.

According to BlockShopper.com, there have been 2,986 home sales in Hollywood during the past 12 months, with a median sales price of $129,961.

Address: 1070 River Birch Street
Buyer(s): Diego Benbassat and Gabriela Schaffer
Seller(s): Francis J Puglise and Jacqueline Desousa Puglise
Sale date: Nov. 2, 2009