David Geffen Sells Beverly Hills Development Site For $34 Million
Nestled between the Bird Streets and Trousdale on a narrow ridge, North Hillcrest Road is coveted for its explosive views stretching from downtown Los Angeles to the Pacific Ocean.
It was only a year ago that Geffen purchased the one-acre lot for $30 million. At the time of the sale, the property on North Hillcrest Road had been marketed with plans for a 24,500-square-foot modern mansion designed by architecture firm for Shubin Donaldson, according to the Los Angeles Times.
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