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Los Angeles Times
Los Angeles Times
Lifestyle
Neal J. Leitereg and Jack Flemming

Hot Property: Hollywood heavyweights cut LA's second-highest sale of 2020

LOS ANGELES _ Talk about your gold-medal affair. Entertainment mogul David Geffen has purchased the Beverly Hills home of Los Angeles Olympic Organizing Committee President Casey Wasserman for $68 million _ the second-highest home sale in L.A. County this year.

A striking concoction of stone, glass and white oak, the modern mansion was designed by Pritzker-winning architect Richard Meier, whose other notable works include the Getty Center and the Barcelona Museum of Contemporary Art.

Perched in a prime location above Sunset Boulevard, the home sits on 3.25 acres of lawns and lush landscaping.

Gallery-like living spaces lined with automated steel doors fill the three-story home. There's an indoor-outdoor great room, an open-concept dining area, a movie theater, a gym, an art studio and a sleek chef's kitchen with an oversize center island.

The museum-like, 18,543-square-foot interior also holds six bedrooms and 14 bathrooms, including a master suite with a private deck. Two staircases and an elevator navigate the floors.

Outside, an entertainment deck adjoins an 85-foot tiled infinity pool. A pool house with sliding walls of glass completes the park-like property.

Geffen, who was last seen riding out the pandemic in his $590 million superyacht, is no stranger to big real estate deals. Earlier this year, the music and film executive made headlines when he sold his Beverly Hills mansion to Amazon founder Jeff Bezos for a California record $165 million.

The 77-year-old Geffen is known for founding the music labels Asylum Records, Geffen Records and DGC Records, which is now Interscope Geffen A&M Records. In 1990, he co-founded DreamWorks Pictures with Steven Spielberg and Jeffrey Katzenberg.

Wasserman heads a Los Angeles sports marketing and talent management company. He previously spearheaded L.A.'s bid for the 2028 Olympics and now serves as the president of the L.A. Olympic Organizing Committee.

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