Bezos buys Beverly Hills bungalow next to his massive mansion

Amazon chief drops $10M for property that shares hedge line with $165M estate he bought from David Geffen in February

TRD LOS ANGELES /
Jul.July 30, 2020 02:30 PM
Jeff Bezos and the Beverly Hills home (Getty, Realtor)

Jeff Bezos and the Beverly Hills home (Getty, Realtor)

Jeff Bezos has scooped up a Beverly Hills home next door to the 10-acre estate he bought from David Geffen for a record $165 million in February.

Amazon’s founder and CEO paid $10 million for the two-story home through a trust, according to Variety. Built in 1930, it encompasses 4,615 square feet, and has three bedrooms and 4.5 bathrooms.

The property sold for $5.45 million in 2018 and was then renovated. It never hit the Multiple Listing Service and it’s unclear whether the seller was shopping the property with an agent. The National Association of Realtors effectively banned so-called pocket listings nationwide earlier this year. A judge recently allowed the ban to stand but said a group opposing the measure could revise their lawsuit.

A pre-renovation listing from 2018 called the new Bezos home a “romantic pied-a-terre” with six fireplaces, a library, and a central courtyard, according to Variety. The backyard had a vegetable and rose garden and shares a small hedge line with the massive estate Bezos bought from Geffen, which was designed in the 1930s for Jack Warner, the former president of Warner Bros. Entertainment.

Bezos was shopping for properties in the L.A. area earlier this year before closing the deal for that 9-acre compound. Bezos also purchased a nearby plot of undeveloped land for $90 million from the estate of late Microsoft co-founder Paul Allen. [Variety] — Dennis Lynch 


Related Articles

arrow_forward_ios
From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)

Luxury real estate anyone? US Open stars and their palatial pads

Luxury real estate anyone? US Open stars and their palatial pads
Lena Dunham and 60 Broadway (Credit: Getty Images)

Lena Dunham’s “massive real estate mistake”

Lena Dunham’s “massive real estate mistake”
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
Simon Cowell’s got talent for off-market home deals

Simon Cowell’s got talent for off-market home deals

Simon Cowell’s got talent for off-market home deals
José Calderón and 235 West 75th Street (Calderón by Borja B. Hojas/Getty Images; Google Maps)

Former Knick scores unit at HFZ’s Upper West Side condo

Former Knick scores unit at HFZ’s Upper West Side condo
Jon Beason, Ozuna and 3812 Park Avenue (Getty, Engel & Voelkers Coconut Grove)

Reggaeton artist Ozuna drops $5M on Coconut Grove house

Reggaeton artist Ozuna drops $5M on Coconut Grove house
Simon Property Group CEO David Simon and Amazon CEO Jeff Bezos (Simon by Mireya Acierto/Getty Images; Bezos by MARK RALSTON/AFP via Getty Images)

The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers

The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers
Jennifer Lopez, Alex Rodriguez and their Malibu flip (Getty, Realtor)

J-Lo and A-Rod list Malibu beach house for $8M

J-Lo and A-Rod list Malibu beach house for $8M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...