UCLA Benefactor Couple Lists Beverly Park Estate for $26.5 Million
Nahum and Alice Lainer, longtime benefactors of the University of California, Los Angeles (UCLA), have listed their Beverly Park estate for $26.5 million. This marks the first time the property has been put up for sale.
A Rambling Mediterranean Villa
The 8,000-square-foot home, situated at 28 Beverly Park Terrace, features four bedrooms, seven bathrooms, and a sprawling 2.7-acre lot. The Mediterranean-style estate boasts a pool, gardens, fruit trees, and space for 10 cars. Coldwell Banker Realty’s Steve Frankel, who has the listing, describes the property as "Palladian and reminiscent of a Tuscan villa."
Strong Interest
According to Frankel, the property has attracted a significant amount of interest since listing, with many potential buyers drawn in by its competitive price point. "We are getting so much activity on it because we are priced right," he explained. "For you to be able to buy into Beverly Park at this price point is rare and hasn’t happened in years."
Celebrity Neighborhood
Beverly Park is a gated community home to several celebrities, including Adele, Rod Stewart, Denzel Washington, and Justin Bieber. Last year, Mark Wahlberg’s home in the neighborhood sold for $55 million, following an original ask of nearly $88 million in 2022. Sylvester Stallone sold his Beverly Park mansion to Adele for $58 million, after originally listing it for $110 million in 2021.
Recent Real Estate Activity
In May, a 16,000-square-foot mansion at 51 Beverly Park Way went into contract, listed at $48.5 million. A 28,500-square-foot mansion at 73 Beverly Park Lane was listed for $89.9 million, while Rod Stewart’s 23 Beverly Park Terrace home, which saw a price cut to $74 million in February, is no longer on the market.
Philanthropic Couple
The Lainers have been long-time supporters of UCLA’s athletic program, meeting while earning their undergraduate degrees at the school and cheering for the Bruins basketball team on their second date. They have established a UCLA men’s basketball scholarship program and co-backed a fund focused on recruiting top coaching talent. In recognition of their gifts, UCLA’s athletic director’s formal job title is The Alice and Nahum Lainer Family Director of Athletics.
Recent Real Estate Purchases
In March, the Lainers paid $7.8 million for Unit 20C at the Wilshire House, a 5,400-square-foot condominium spanning the entire floor of the luxury tower and featuring three bedrooms and five bathrooms.
Conclusion
The Lainers’ Beverly Park estate is a rare find in this exclusive neighborhood, offering a unique combination of luxury and elegance. With its impressive design, sprawling grounds, and prime location, it’s no wonder the property has attracted so much attention. At $26.5 million, this is an opportunity for a buyer to own a piece of luxury real estate in one of LA’s most coveted neighborhoods.
Frequently Asked Questions
Q: What is the price of the Lainers’ Beverly Park estate?
A: $26.5 million
Q: What is the size of the estate?
A: 8,000 square feet
Q: How many bedrooms and bathrooms does the property have?
A: Four and seven, respectively
Q: What amenities does the property offer?
A: Pool, gardens, fruit trees, and space for 10 cars
Q: Who is listing the property?
A: Coldwell Banker Realty’s Steve Frankel
