The gates have swung back open at 70 Beverly Park. The sprawling Mediterranean-style mansion that socialite Paris Hilton and venture capitalist Carter Reum leased for over two years has returned to the Los Angeles luxury market, with its monthly rent slashed to $159,000.
Earlier this spring, the property commanded an asking rent of $195,000. That figure failed to stick. Facing an ultra-luxury leasing segment where even ultra-high-net-worth tenants weigh carrying costs, owner Leonid Smirnov—a Los Angeles businessman who purchased the compound for $21.5 million in 2021—trimmed $36,000 off the monthly tariff to draw an immediate taker. Listing duties are handled jointly by Aaron Kirman, founder and chief executive of Christie’s International Real Estate Southern California, alongside Jade Mills of Coldwell Banker.
Hilton and Reum originally signed a multi-year lease for the address in early 2023, paying $160,000 a month following the birth of their son, Phoenix. Their daughter, London Marilyn Hilton Reum, arrived via surrogate later that November. The property offered expansive grounds while the couple navigated a brutal personal setback: the destruction of their beachfront home in Malibu during Southern California's devastating wildfires. Yet the property was never offered for sale during their tenure, prompting the couple to look elsewhere inside the community once they sought permanent ownership.
Built in 1995, the residence covers 14,061 square feet of interior space framed across 3.6 landscaped acres. It features seven bedrooms, nine full bathrooms, four powder rooms, and an elevator servicing both floors. A circular motor court funnels vehicles toward a six-car garage and paved parking bays engineered to hold 21 additional cars.
Beyond the double-door entry, a chef’s kitchen feeds into a formal dining hall, an entertainment wing equipped with a private screening cinema, and a family parlor with a wet bar. The primary bedroom suite contains dual bathrooms and matching walk-in closets. Outside, stone walking trails thread through manicured lawns leading to an Olympic-length swimming pool, an elevated hot tub, an Astroturf tennis court, and an independent guest house.
| Estate Parameter | Official Specification |
|---|---|
| Property Address | 70 Beverly Park, Los Angeles, California |
| Current Asking Rent | $159,000 per month |
| Previous Listing Rent | $195,000 per month (April 2025) |
| Hilton-Reum Lease Rate | $160,000 per month (2023–2025) |
| Interior Footprint | 14,061 square feet |
| Land Area | 3.6 acres |
| Accommodation |
Hilton did not move far. In June 2025, she and Reum purchased the adjacent 6.2-acre mega-compound at 71 Beverly Park for $63.1 million. That property, formerly built and occupied by actor Mark Wahlberg, spans 30,500 square feet—more than double the size of their previous rental.
The decision to remain in Beverly Park underscores the enclave's singular appeal among high-profile figures, including Justin Bieber, Denzel Washington, and Adele. Guard gates patrol the perimeter 24 hours a day with armed units. “Beverly Park is one of the most coveted enclaves in LA, and 70 Beverly Park is a standout,” Kirman stated, pointing to the combination of land, resort amenities, and round-the-clock armed security. “Between the land, amenities, and level of security, it’s no wonder celebrities, royalty, and billionaires have long been drawn to this community.”
The property remains available for immediate private inspection through Christie’s International Real Estate and Coldwell Banker.
| 7 bedrooms, 9 bathrooms, 4 powder rooms |
| Current Owner Basis | Acquired for $21.5 million in 2021 (Leonid Smirnov) |