Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA

January 4, 2022 | Digital Assets, News, Real Estate
https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-22-29-49-Screenshot-Pawson-2.png

According to the WSJ, the deal closed last month.

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN) CEO and co-founder Brian Armstrong. The seller: a corporate entity linked to Japanese entrepreneur Hideki Tomita. (CryptoNews)

Brian Armstrong: Salient features of his new property

  • The LA complex was built in 2009
  • Located on four contiguous land parcels totaling 4.6 ac (1.9 ha)
  • Its total surface spans a 25,600 sq. ft (2,378 sq. m) and it includes a large mansion and a smaller guesthouse.
  • The main house, about 19,000 sq. ft, is covered with oak wood, and several glass walls
  • Configured with 10 bedrooms and 13 bathrooms
  • Property includes a movie theater, a gym, two swimming pools, as well as a full-size tennis court
  • Tomita bought the property in 2018 for $85 million

Here are some images of the stunning property.

 

 

 

Related Story: $500M Of Cryptocurrencies (Or More) To Replace Fiat On Coinbase’s Balance Sheet

Images Credit: Screenshots from johnpawson.com

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