Billionaire hedge fund manager Jeffrey Feinberg has tried for two years to sell his 20,000-square-foot Brentwood mansion. With no takers, he decided to list it for rent — at $250,000 a month.
The head of Feinberg Investments has listed the four-story mansion for rent at 1047 North Bundy Drive, according to the Robb Report. The listing is held by Dan Malka of Engel & Völkers.
Feinberg bought the seven-bedroom, 11-bath spec home built by Ramtin Ray Nosrati in June 2021 for $44 million — or $1 million above its asking price.
A year later, he tried to flip the property overlooking the Getty Center for $48 million, without success. He then relisted the property in late 2022 for $43 million, then dropped it to $38 million.
The hilltop mansion tucked along a private cul-de-sac may be best known for its blue-and-gold basketball court, a tribute to the late Laker Kobe Bryant, plus a 10-car auto showroom, sports simulator and 1,000-gallon aquarium.
The hedge-fund executive and longtime basketball fan had moved from Hidden Hills to the lofty home with sweeping views — but before the sale closed, he asked that its rooftop cannabis garden be replaced by cucumbers and carrots.
The three-story, split-level home includes a soaring living room with a floating curved staircase accented by a custom chandelier, flanked by a living moss wall that goes down to a succulent garden.
It includes a TV wall, sports-simulator room, three-hole putting green, basketball court and two swimming pools.
The 1.3-acre compound also includes a 10-car auto showroom with floor-to-ceiling glass walls that open to a den, an office, hair salon, a bar with a nine-TV video wall and a 1,000-gallon dual-sided aquarium.
There’s a two-story guesthouse and a movie theater with a starlight fiber-optic ceiling. And for $250,000 a month, a renter could access its “250 bottle wine cellar,” according to the listing, though it’s unclear whether the rental comes with bottles.
Feinberg, a former managing director at the George Soros-founded hedge fund-turned-family office Soros Fund Management, once had his own investment firm. The $1 billion JLF Investment Fund shuttered some years ago, according to Robb.
The early bitcoin trader now operates Feinberg Investments, a limited partnership that invests his personal wealth.
In late 2019, he sold his $15 million Hidden Hills mansion to YouTube celebrity Jeffree Star. He also once owned a compound on Malibu’s Point Dume, which was sold for $21.8 million in early 2021 by his ex-wife, Stacey Feinberg.
On Santa Monica’s Gold Coast, Feinberg also put an oceanfront house on the market last year for under $11 million, or $1 million less than he paid in 2019.
— Dana Bartholomew
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