Japanese businessman Hideki Tomita, CEO of Dip Corp, rang in the new year with a jaw-dropping real estate sale: $133 million for his off-market Bel Air compound.
The two homes sit on 4.6 acres, comprised of one 19,000 square-foot home and a 6,000 square-foot guesthouse. According to Dirt, the larger of the two was designed by internationally acclaimed architect John Pawson—Pawson’s only designed house in L.A. The smaller house was built by Paul R. Williams in the 1930s.
The minimalist main house features just five bedrooms and eight bathrooms, plus staff quarters in the subterranean basement. The new buyer, who the Wall Street Journal identified as Brian Armstrong, CEO of Coinbase, must really love oak, as the material covers nearly ever square foot of floor and then kitchen, beyond the La Cornue range and Caesarstone sink.
Other amenities across the property include a movie theater, home gym, two swimming pools, and a full-size tennis court.
Marking one of the last major sales of 2021, Tomita now holds the title of having sold the fourth-highest priced home ever in California. If those bragging rights aren’t enough, Tomita can also rest assured that he made a smart investment, considering the $48 million profit he made on the purchase barely four years ago.