Even as the COVID-19 pandemic rages into its second year, the demand for L.A.’s luxury housing continues soaring long past unprecedented heights. Blame the nosebleed-high stock market, and the fact that many wealthy homeowners are upgrading to larger properties with more room to socially distance. Countywide restrictions on showings and virus concerns did little to dissuade buyers from viewing homes and inking contracts, as seen by the 40 biggest deals of the year, all of which rang in north of $23 million.
Two sales topped $100 million: Jeff Bezos’ $165 million splurge for David Geffen’s historic Jack Warner estate, and WhatsApp co-founder Jan Koum’s $125 million purchase of Jeffrey Katzenberg’s custom-built compound just a couple miles away.
