Southern California’s mansion market had a historic 2020, led by Jeff Bezos

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Jeff Bezos, David Geffen and Jeffrey Katzenberg all fueled Southern California's luxury market to a historic year that saw multiple sales of over $100 million.

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Jeffrey Katzenberg kept L.A. County’s real estate market red-hot over the summer, selling his Beverly Hills compound for $125 million — good forIt was a massive return on investment for the Quibi co-founder, who paid $30 million for the property in 2009. He finished building the home three years later, aerial photos show. Wrapping around a massive courtyard, the U-shaped house spans 26,000 square feet with a massive lawn and swimming pool out back.

Orange County crowned a new champion in October, when a three-story mansion overlooking the ocean in Newport CoastIt beat out a two-home compound just up the road in Newport Harbor, which raked in $55 million in 2017. . In the wake of the allegations, a liquidation trust started selling off his real estate holdings, including the roughly 21,000-square-foot showplace picked up by Ruan.Designed by Paul McLean, the extravagant spec mansion comes with an indoor spa and dinosaur skeleton.

 

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lets hope they burn down 💙

No one asked for this

He solved the homeless problem. Oh no, that’s the other universe...

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