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 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
David Geffen, Casey Wasserman, and the property (Credit: Larry French, Paul Bruinooge/Patrick McMullan via Getty Images, and NearMap via Los Angeles Times)

David Geffen pays $68M for Casey Wasserman’s Beverly Hills manse

David Geffen pays $68M for Casey Wasserman’s Beverly Hills manse
Eli Broad and the home (Credit: Jemal Countess/Getty Images, and SIMON BERLYN/BERLYN MEDIA via The Wall Street Journal)

Eli Broad asks $75M for Billionaires’ Beach mansion

Eli Broad asks $75M for Billionaires’ Beach mansion
Amazon CEO Jeff Bezos with the home (Credit: Pintrest and Getty Images)

Jeff Bezos buys David Geffen’s Beverly Hills estate for record $165M

Jeff Bezos buys David Geffen’s Beverly Hills estate for record $165M
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

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

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

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

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

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

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

Loading...