Are you considering joining the growing trend of affluent individuals who are opting for the convenience of renting over the responsibilities of home ownership? If so, a stunning opportunity has just emerged that might be perfect for you!
After spending two years on the market and enduring significant price adjustments, hedge fund executive Jeffrey “Jeff” Feinberg has decided to make his opulent Brentwood mansion available for rent. The asking price? An impressive $250,000 per month. The property is listed by Dan Malka from Engel & Völkers.
Feinberg originally purchased this extravagant residence for $44 million—a million dollars more than the initial asking price of $43 million—in June 2021. He acquired the property amid a competitive bidding war just over three years ago. Shortly after the purchase, he relisted the mansion for sale just a year later, increasing the asking price by $4 million. By the end of 2022, he had adjusted the listing to slightly under $43 million before dropping it to $38 million at the beginning of 2023.
Located in a tranquil cul-de-sac and spanning over an acre of land that overlooks the Getty Museum, this modern marvel, dubbed “The Oasis,” was constructed on speculation by experienced developer Ramtin Ray Nosrati. The expansive three-story residence offers an impressive 17,000 square feet of living space, featuring seven bedrooms and eleven bathrooms. Among its many lavish amenities are a dedicated TV wall, a car gallery, a sports simulator room, a three-hole putting green, and even a basketball court themed around the late Kobe Bryant.
The main level boasts numerous highlights, including a grand great room characterized by a breathtaking floating staircase adorned with a custom icicle chandelier. The staircase is flanked by a living moss wall that gracefully descends to a succulent garden located on the lower level. A linear fireplace, encased in an impressive floor-to-ceiling stone wall, serves as a stunning centerpiece in the living room. The space also features a fully stocked wet bar complete with a wine station, a dining area that boasts a remarkable 1,000-gallon aquarium, and a gourmet kitchen equipped with a separate catering kitchen and a walk-in freezer.
The upper-level primary suite is a true retreat, adorned with a wood-paneled coved ceiling, a cozy linear fireplace, a comfortable seating area, and a private balcony complete with a firepit. This luxurious space also includes dual closets and bathrooms for added convenience. On the lower level, residents can enjoy a climate-controlled wine cellar that holds 250 bottles, a 12-seat movie theater featuring a starlit ceiling, sports simulator and massage rooms, a plunge pool, an entertainment lounge, and an auto gallery that can accommodate up to ten vehicles.
For fitness enthusiasts, the mirrored gym on the lower level opens up to an outdoor basketball court honoring the legacy of Kobe Bryant. The lush grounds are primarily covered in turf and feature a stunning 70-foot infinity-edge pool and spa, accompanied by a cabana that includes a TV bar, pizza oven, and barbecue station. Additional outdoor spaces include three roof decks and a detached two-story guesthouse, all fortified with state-of-the-art security systems featuring a laser security setup and a 24-hour guard house.
Jeffrey Feinberg, a former managing director at the hedge fund Soros Fund Management, founded by George Soros, once ran his investment firm. Although the $1 billion JLF Investment Fund has since been closed, he currently operates Feinberg Investments, a limited partnership focused on managing his personal wealth.
Feinberg is well-known for his penchant for extravagant properties. In late 2019, he made headlines when he sold his $15 million mansion in Hidden Hills to YouTube sensation Jeffree Star. He followed this sale with the 2021 transaction of an oceanfront home in Santa Monica, which went for $10.6 million. Feinberg also previously owned a large compound atop Malibu’s Point Dume; however, that property was sold by his ex-wife, Stacey Feinberg, for $21.8 million.
In a landscape where many wealthy individuals are shifting towards renting high-end properties to sidestep the burdens of ownership, Feinberg’s decision to rent out this luxurious mansion presents a unique opportunity for those looking to experience life in a lavish setting without the long-term commitment of purchasing a home.
The allure of this Brentwood mansion lies not only in its extravagant design and luxurious amenities but also in its prime location, offering easy access to the vibrant culture of Los Angeles while providing a serene escape from the hustle and bustle of city life. This rental property encapsulates the essence of high-end living, making it an enticing option for affluent renters seeking both comfort and style.
As the trend of renting luxury properties continues to rise, properties like Feinberg’s mansion are likely to attract attention from a diverse array of individuals looking for a unique living experience. The impressive features of the home, combined with its historical significance in the luxury real estate market, create a compelling case for those interested in securing a rental that reflects their lifestyle and aspirations.
For potential renters, this Brentwood mansion represents more than just a place to live; it offers a chance to indulge in the ultimate luxury lifestyle while enjoying the benefits of leasing without the burdens of home ownership. With its opulent amenities and stunning design, this property is sure to appeal to those who seek the best that life has to offer.
Whether you’re a celebrity, an entrepreneur, or simply someone who appreciates the finer things in life, this remarkable residence provides a rare opportunity to immerse yourself in the grandeur of upscale living. As the demand for luxury rentals continues to grow, Jeffrey Feinberg’s Brentwood mansion stands as a shining example of what the market has to offer.
