Billionaire Donates $40 Million Home to LA County Art Museum

By: | March 1st, 2016

Billionaire property investor and NBA superfan James Goldstein recently donated his John Lautner-designed glass-walled residence on Beverly Crest that hugs the Los Angeles hills to the Los Angeles County Museum of Art (LACMA). The property has appreciated in value from the price he paid in 1972, $185,000, to its current estimated value of $40 million. Not bad for a 44-year investment.

The property was made famous when it was used as the home of the porn kingpin Jackie Treehorn in The Big Lebowski. Goldstein has added the following to the property: tennis court, nightclub, and a museum.

The property, known as the Sheats-Goldstein Residence or the James Goldstein Residence, includes its uniquely designed building, beautiful gardens, and valuable art and fashion collections.

In addition to the $40 million home, Goldstein has also donated $17 million to an endowment for maintenance of the property.

Following are images of the home from, followed by a video.

Take a tour of James Goldstein’s property, recently donated to the LACMA.

David Russell Schilling

David enjoys writing about high technology and its potential to make life better for all who inhabit planet earth.

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