David Geffen lists second Carbon Beach pad for $8.9M

Billionaire is listing the home for $1M less than he paid for it

TRD LOS ANGELES /
May.May 12, 2017 12:00 PM
David Geffen, Pacific Coast Highway home (Getty Images/MLS)

David Geffen broke a record when he sold his Carbon Beach estate for $85 million earlier this month, but he’ll be lucky to just break even with his latest listing.

The billionaire entertainment mogul has put another Carbon Beach home on the market asking $8.9 million, $1 million less than the $9.8 million he paid for it in 2008, records show.

The 1,473-square-foot contemporary cottage has two bedrooms and two bathrooms, with 45-feet of beach frontage, Variety reported.

Kurt Rappaport of Westside Estate Agency and James Rapf of Pritchett-Rapf & Associates share the listing.

Geffen still owns several properties in Los Angeles, including the Jack Warner estate in Beverly Hills, which he purchased in 1990 for an estimated $47.5 million.

Last year, he dished out $70 million for a more than two-acre oceanfront estate in East Hampton. [Variety]Subrina Hudson


Related Articles

arrow_forward_ios
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot

Tracy Tutor and her Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home

Anton Lessine and 321 South Bristol Avenue, and Behati Prinsloo and Adam Levine with their home (Credit: Getty Images and Zillow)

This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more

Anton Lessine and 321 South Bristol Avenue (Credit: Getty Images)

Hollywood producer Anton Lessine sells Brentwood Park mansion for $17M

Andy Reid, the President of MetroStudy

The great SoCal slowdown: Homebuilding drops 18%

arrow_forward_ios