Redeveloping affluent Los Angeles properties

Gennady Barsky had a plan when he bought four luxury properties for about $15 million. He would redevelop them within 36 months, turning the original investments into one worth more than $100 million. His vision was to make each property an ultra-luxury, high-end estate packed with smart home automation, technology and forward-looking design elements. He had worked with power couple David and Cheryl Duffield on home projects worth more than $350 million, which gave him unprecedented access to best-in-business ideas and products.

Gennady Barsky found and acquired the property for $2.2 million in March 2012, working with noted agent Blair Chang. Barsky oversaw its demolition, got the building permits for redevelopment, and then worked with architects and designers in rebuilding the property. It sold for $8.4 million in 2015.

1387 N. Doheny Dr., West Hollywood, CA 90069

Gennady Barsky purchased the property in June 2012 for $5,275,000. Located within walking distance to the Beverly Hills Hotel, he knew it could be redeveloped as a once-in-a-lifetime gem. But it was sold nine months later for $6,350,000. Barsky originally bought the property with the intention of building a 36,000-square-foot luxury house, which he had designed and planned. But the quick sale came in the middle of his highly contentious divorce, and he wanted to move on with his life. He worked with Blair Chang on both the acquisition and sale of the property.

1054 Shadow Hill Way, Beverly Hills, CA 90210

Gennady Barsky purchased the luxury property in an off-market transaction for $4 million, closing within two weeks. He worked with Blair Chang on acquiring the property. Barsky then worked closely with architects and designers in redeveloping the property. But a subsequent dispute with his partners, which began during Barsky’s then-contentious divorce proceeding, led to a quick $7 million all-cash offer eight months after the purchase.

8741 St Ives Dr, West Hollywood, CA

Gennady Barsky purchased the property, located in “The Summit,” a prestigious gated community off Mulholland Drive, in June 2011 for $3,150,000. He planned to redevelop the 7,000-square-foot home into a 12,000-square-foot mansion. But it was never completed. Barsky decided to halt construction in the middle of his highly contentious divorce. The house eventually sold for $5,420,000 in a 2015 post-Barsky settlement.

Some notable residents of The Summit have included Gwen Stefani, Britney Spears, Ed McMahon, Hillary Duff, Jennifer Lopez and Ben Affleck.

11960 Crest Place, Beverly Hills, CA 90210