Inside Byron Allen’s Multimillion-Dollar Property Portfolio

In West Hollywood’s coveted Bird Streets, Allen owns a Richard Landry-designed contemporary villa he purchased in 2004 for $3.2 million, property records show. The 3,540-square-foot residence, perched high above the city, offers unobstructed hill-top views stretching from Downtown Los Angeles to the San Gabriel Mountains. Tall hedges and a hardwood gate ensure privacy, while a driveway flanked by manicured lawns leads to the two-car garage.

Inside, the four-bedroom, four-bath home is airy and understated, with an all-white interior accented by neutral tones and floor-to-ceiling windows that flood the space with natural light. The formal living and dining rooms connect seamlessly, while a gourmet kitchen and informal dining nook overlook the gardens and cityscape. The primary suite comes with two walk-in closets, a private fireplace, and a spa-like bath, while three additional en suite bedrooms round out the interior. Outdoors, the home is decked out with a swimming pool, spa, and multiple lounging areas.

In Los Angeles, records show Allen owns—and in some cases co-owns—a handful of condos. He and his wife, Jennifer Lucas, purchased a two-bedroom, three-bath unit on N. Swall Drive in December 2006 for $1 million. At Century Hill, Allen’s holdings span multiple residences: a 2,357-square-foot, two-bedroom, three-bath condo purchased in May 2006 for $1.3 million (in care of his mother, film producer Carolyn Folks); another 2,372-square-foot unit bought in March 2004 for $780,000; and a second 2,372-square-foot condo acquired in December 2005 for $1.28 million. Records also show he owns a 2,090-square-foot, two-bedroom, three-bath unit at Century Hill.

In 2018, Allen paid $22.8 million for a three-quarter-acre oceanfront estate in Kihei, Maui, property records show. The 7,300-square-foot home, built in 2015, features five bedrooms, seven bathrooms, a double-island kitchen, media room, elevator, and a 500-bottle wine cellar. Outdoors, it offers three showers, an open-air spa, 1,700 square feet of lanais, a pool, caretaker’s quarters, and a three-car garage, plus 130 feet of prime beachfront. It was one of Maui’s priciest sales at the time.

In Beverly Hills, Allen has built a sizable real estate footprint, owning multiple properties across the city. His 1.5-acre compound includes two neighboring homes he purchased from Canadian tech mogul and former eBay president Jeff Skoll in 2021: a sleek contemporary mansion for $22.5 million and a smaller Tudor-style house next door for $9.5 million, together spanning over 10,000 square feet. The modern estate offers 7,500 square feet, five bedrooms, and five-and-a-half bathrooms, while the Tudor adds additional space. Allen has been renovating both to create a custom mega-compound. In May 2024, he listed the homes separately, asking nearly $30 million for the contemporary estate and just under $8 million for the Tudor, but neither has sold.

Allen also owns a third nearby estate, purchased for $17 million, with more than an acre of land and nearly 13,000 square feet of living space. The two-story home features a library, a dining room that seats 18, a bar, a den, seven bedrooms, 10 bathrooms, and retractable floor-to-ceiling glass doors that open to an infinity pool and terrace.

Additionally, he owns a fourth property on North Rodeo Drive, purchased in 2019 for $19.85 million, with eight bedrooms, 12 bathrooms, and 11,266 square feet of living space. Allen and his wife also own a fifth property, a one-bedroom, one-bath condo on Charleville Boulevard.

In 2022, the media mogul made headlines with his $100 million purchase of a sprawling estate in Malibu’s exclusive Paradise Cove neighborhood, reportedly marking the largest U.S. home purchase ever by an African American buyer. (The sale ranked as one of the priciest in California for the year and the top deal in Malibu for 2022, too.) The Mediterranean-style property, formerly owned by Public Storage heiress Tammy Hughes Gustavson, was initially listed at $127.5 million, meaning Allen got it for a relative bargain. Situated on 3.6 acres above the beach, the 10,700-square-foot home sports eight bedrooms, 12 bathrooms, two guesthouses (one of which doubles as a gym and yoga studio), a home theater, and a tennis court. It also affords panoramic ocean views, naturally.

Allen grabbed headlines again in March 2025 when he sold his full-floor condo at Manhattan’s ultra-luxury 220 Central Park South for $82.5 million, the city’s priciest real estate deal of the year so far. The Entertainment Studios chairman had acquired the five-bedroom, seven-bathroom residence for $75 million in 2023. The 6,600-square-foot unit features a primary suite with two bedrooms and two bathrooms, three additional bedrooms, a gourmet kitchen, grand dining room, wine room, private library, and two balconies—all anchored by a sweeping living area with panoramic Central Park views. The buyer was an LLC tied to Huizenga Holdings, the family-run investment firm founded by the late H. Wayne Huizenga.

According to the Wall Street Journal, Allen still owns a smaller unit in the building, though few specifics about it are publicly known.