Actor Matt Damon expands his real estate holdings with an USD 8.6 million condominium purchase at the prestigious 8899 Beverly building in West Hollywood. This 2,850-square-foot unit boasts two bedrooms, two and a half bathrooms, and panoramic views of the Hollywood Hills. Developed by Olson Kundig, 8899 Beverly offers luxurious amenities, including a 24-hour concierge, fitness center, and resort-style pool. Notably, the building promotes social equity by allocating its first floor to 15 affordable housing units. Damon's investment highlights the appeal of ultra-luxury high-rises in Los Angeles, positioning 8899 Beverly as a coveted address blending luxury, inclusivity, and convenience for high-profile residents.
Acclaimed actor Matt Damon has expanded his real estate portfolio with a recent acquisition in Los Angeles. According to public records, Damon purchased a condominium unit for USD 8.6 million within the newly constructed 8899 Beverly building, a prestigious high-rise residence situated in West Hollywood, California.
This expansive pied-a-terre encompasses approximately 2,850 square feet, offering a comfortable and luxurious living environment. The residence features two generously sized bedrooms and two and a half bathrooms, providing ample space for both relaxation and entertaining. Floor-to-ceiling windows bathe the interior in natural light and showcase captivating north-facing views of the iconic Hollywood Hills.
The 8899 Beverly building itself stands as a testament to modern architectural design. Conceived by the esteemed Olson Kundig firm, it holds the distinction of being the tallest residential structure in West Hollywood. This positioning affords residents unparalleled panoramic vistas of the surrounding cityscape. Situated in a prime location bordering Beverly Hills and within walking distance of the world-renowned Cedars-Sinai Medical Center, 8899 Beverly offers a unique blend of luxurious living and convenient access to the vibrant offerings of Los Angeles.
A noteworthy aspect of 8899 Beverly is its dedication to fostering social equity. While the upper floors house opulent condo units like Damon's, the building dedicates its first floor to 15 affordable housing units. These units come with capped rental fees, ensuring that residents from diverse economic backgrounds have the opportunity to reside at this prestigious address. This innovative approach fosters a unique and inclusive community within the building's walls.
Beyond the unparalleled comfort of the individual units, the true allure of residing at 8899 Beverly lies in the extensive amenities available to residents. Damon will have access to a 24-hour concierge service, a state-of-the-art fitness center complete with a dedicated yoga studio, and a secure two-car garage for his vehicles.
Stepping outside his condo, Damon can unwind in the building's expansive outdoor space. This area features a resort-style pool and spa, inviting fireplaces perfect for California evenings, and a covered dining area ideal for al fresco entertaining. For those evenings when cooking isn't on the agenda, residents can simply head downstairs to Stella West Hollywood, the building's very own upscale Italian restaurant.
This West Coast acquisition follows the 2021 sale of Damon's stunning tropical-themed mansion in Pacific Palisades for a remarkable USD 18 million. The actor currently resides primarily in New York City, where he splits his time between a charming townhouse in Brooklyn Heights and a tranquil getaway estate in Bedford Hills. With this latest purchase, it appears Matt Damon is establishing a permanent presence on the West Coast, strategically placing himself near the heart of Hollywood for work opportunities while maintaining his East Coast roots.
Damon's decision to invest in 8899 Beverly reflects a growing trend among celebrities and high-net-worth individuals. Ultra-luxury high-rises offer a unique combination of unparalleled amenities, robust security measures, and a sense of exclusivity that is simply unmatched in traditional standalone properties. These vertical communities provide residents with everything they need within the confines of the building, fostering a sense of community and convenience.
With its focus on luxurious living, social equity, and a prime location, 8899 Beverly is poised to remain one of West Hollywood's most coveted addresses. As rumors swirl about a potential USD 20 million penthouse sale, it's clear that this building caters to an elite clientele seeking the ultimate Los Angeles lifestyle. With Matt Damon now joining the ranks of residents, 8899 Beverly is sure to continue capturing headlines and attracting A-listers seeking a luxurious West Coast pied-a-terre.
Advertisement
Facebook
Whatsapp
