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Jeff Bezos Buys David Geffen's $165 Million Los Angeles Estate


Added 02-12-20 06:17:02pm EST - “Jeff Bezos just made the most expensive property purchase in L.A. history.” - Tmz.com

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Posted By TheNewsCommenter: From Tmz.com: “Jeff Bezos Buys David Geffen's $165 Million Los Angeles Estate”. Below is an excerpt from the article.

Jeff Bezos is the new king of Hollywood real estate after scooping up David Geffen's Beverly Hills estate for a drop in the bucket -- to him, anyway -- $165 million.

The Amazon honcho reportedly purchased the famous 9-acre property this week. It was one of the most coveted in the L.A.-area because it used to belong to the Warner Bros. founder and president, Jack L. Warner, in the 1930s.

The purchase amount -- first reported by the Wall Street Journal -- is history-making in the City of Angels. The previous most expensive property sale was last year's $150 million purchase of the Bel-Air Chartwell estate, made famous by "The Beverly Hillbillies."

So, what did JB get for all that cash? Oh, just a 13,600-square-foot mansion with massive terraces and gardens. Of course, there are multiple guest houses, a nursery, greenhouses, a tennis court, a swimming pool, a 9-hole golf course and its own car emporium (fancy for HUGE garage) ... with gas pumps!!!

Geffen's owned it since 1990, and he only spent $47.5 million at the time. Yes, that was a record way back then. Bezos' real estate team has been busy -- he also dropped $90 million for an undeveloped plot of land in L.A., and another $80 mil for 3 apartments in NYC, which total more than 17,000 sq. feet.

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