Music superstar The Weeknd may be known for big hits and even bigger real estate buys (thanks to a $70 million Bel Air purchase), but it appears the sale of his Westwood condo didn’t strike gold. The singer, who’s real name is Abel Tesfaye, has finally offloaded his penthouse following two years on the market for $18 million—$4.5 million less than the property’s original asking price.
Records show the Weeknd paid $20 million for the unit some four years ago, and while the buyer reportedly paid an additional $1 million for the furnishings, the final price still comes up short of the singer’s original investment.
The penthouse unit features four bedrooms and eight bathrooms across 7,950 square feet of living space. Spanning an entire floor within the exclusive Beverly West building, the home boasts a state-of-the-art chef’s kitchen, entertainment bar with a TV-Wall comprised of televisions totaling 130 feet of viewing pleasure.
The primary bedroom features a lavish bathroom with a jewel box steam shower. Also attached to the master is a home gym. Building amenities includes 4/7 security, valet parking, a saltwater pool and spa and helipad access.
Angel Salvador of the Beverly Hills Estates held the listing. Brian Lane with Madison Residential Realty repped the buyer.