Mega house now really sold for a huge amount
It worked! The mega home in Los Angeles has been sold for a price that will blow your mind.
We wrote about it before: ‘The One’, a house in America that just never sold. Maybe it was the price tag. It was once slated for $500 million by developer Nile Niami and has now officially sold at auction for $141 million. So a little less, but still a lot of money.
Mega house sold for a huge amount
It was recently revealed that the buyer is Richard Saghian, CEO of fashion brand Fashion Nova. He paid $126 million for the home, plus a $15 million auction fee. As the highest bidder, he got a decent deal, as the house was up for auction for $295 million, but with no ‘reserve’. So the house always goes for the highest amount.
One of the “listing agents” Aaron Kirman of Aaron Kirman Group at Compass tells Forbes that they showed the house to more than 40 billionaires from around the world, but when it came time to participate in the auction, only five took part. bidder’s share.
Goal not achieved
“Our goal was to raise more than $200 million,” Kirman says. “The marketing campaign we did was great. Most rich people at this level only want to take their toothbrush with them. Usually they even buy these houses with art, furniture and cars. Everyone loved the idea and the possibility of the house, but I think the majority of people didn’t want to go through the process of getting the certificate of occupancy.”
If it were auctioned for $295 million, it would have been the most expensive home ever sold in the US. So that didn’t work.
