Who bought the one?

Fast fashion tycoon revealed as buyer of 'The One,' LA's biggest home. The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.

Who is the owner of the one?

Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.” The 21-bedroom, 49-bath Bel Air estate sold Thursday for $141 million to an undisclosed bidder, whose identity was confirmed to be Saghian Sunday.

Did the one get sold?

$695 million Bel-Air mega-mansion 'The One' finally sells for $191 million at auction. A super-sized LA mansion, once touted to be America's priciest home, has finally sold at a no reserve auction for more than $141 million (AU$191 million).

Has anyone bought the one yet?

After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as 'The One' has been sold. The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction.

Has the one in Beverly Hills sold?

The mostly completed marble-and-glass mega-mansion at 944 Airole Way in Beverly Hills known as The One sold for a paltry $126 million at a bankruptcy auction.

Buyer of Nile Niami's 'The One' REVEALED

Who bought the mega mansion the one?

The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.

Who owns the 250 million dollar house in LA?

[+] The largest home ever permitted in Los Angeles County—a massive Beverly Hills compound spearheaded by real estate developer Mohamed Hadid—hit the market Tuesday with an asking price of $250 million.

How much did the one sell for in LA?

A Los Angeles mega-mansion that was the biggest U.S. home to ever go up for auction sold for $141 million, including commissions, when bidding closed Thursday. The 21-bedroom, 49-bath hilltop estate — dubbed “The One” — had a list price of $295 million.

Has the one been repossessed?

The One has now gone into foreclosure after project developer Nile Niami defaulted on more than $100m of debt and loans to finance the build. In 2018, he reportedly borrowed $82.5m from Hankey Capital to finish the residence. In March 2021, a notice of default was sent, prompting The One to go into a foreclosure sale.

Did the one in Bel Air sell?

The One — a Bel Air, California, home that was listed at $295 million and marketed as the largest residence in America — has been sold in an auction for $141 million. That's a $154 million discount.

Who owns the Bel Air mansion from Fresh Prince?

Los Angeles, CA – Move over, Will Smith — The Weeknd is the new Fresh Prince of Bel-Air. According to The Wall Street Journal, the “Starboy” singer is the latest resident of the swanky Los Angeles neighborhood after purchasing a mansion worth a whopping $70 million.

How much did the one building cost?

Take A Virtual Video Tour Of A Mid-Construction $500 Million Bel Air Mansion. It was originally supposed to be done after about 20 months, but now it's still being constructed, and a virtual tour of the property that is now known as "The One" has been released.

Who owns the most expensive house in California?

Marc Andreesen just set a record in California after he paid $177 million for a compound in Malibu, while Coinbase CEO Brian Armstrong paid $133 million for a modern mansion, located near “The One” in Bel Air.

Who used to own the one?

Meet Nile Niami, owner of The One

Once priced at 500$ million, the owner of The One is the former film director turned real estate developer Nile Niami. Born in 1968 in the state of California, the businessman has developed giga-mansions in Bel Air and Holmby Hills.

What happened to the owner of the one?

After listing an over-the-top Beverly Hills home dubbed “Opus” for $100 million, he sold it last year for $38.3 million. The buyer turned out to be Joseph Englanoff, one of Niami's lenders for the project. Englanoff took control of the property, rebranded it and sold it for $47 million later that year.

How much is the one listed for?

In a time when NFTs and the metaverse are sweeping the real estate world, megamansion The One brings buyers back to Earth. The One is listed for $295 million and will sell at auction February 28 through March 3.

Who defaulted on the one mansion?

'The One', Los Angeles mega mansion once worth $700 MILLION, forced into foreclosure sale after Nile Niami defaults on loan | 7NEWS.

Did the 500 million dollar house get sold?

But despite the current repairs and the fact the home has finally sold, the One had long been a nightmare for neighbors, to the degree that they changed the local building code. “It's one of the ugliest homes I've ever seen,” a broker who toured the One previously told The Post.

Who owns the most expensive house in America?

First up is one of the nation's most expensive properties, sporting an asking price of $350 million. The Chartwell Estate, located in Beverly Hills, California, is owned by the late head of Univision, Jerry Perenchi.

Who bought the most expensive house in America?

The price makes it the third-most expensive home ever sold in Los Angeles, behind Marc Andreessen's $177 million purchase last year of a Malibu compound and Jeff Bezos' purchase of the former Jack Warner Estate in Beverly Hills for $165 million.

What's the most expensive house ever sold?

#1) $238 Million – 220 Central Park South, Manhattan

On January 23, 2019 it was revealed that hedge fund manager Ken Griffin had purchased the top four floors of an unfinished New York City building located at 220 Central Park South. That was enough to scoop the record for most expensive home purchase in US history.

Who bought Mohamed Hadid mansion?

The property was sold at auction in December 2021 for $5 million to developer Sahara Construction Co., which agreed to pay to have the home demolished within nine months of the sale.

Has anyone bought 924 Bel Air?

What was once the splashiest listing in the country — introduced to the market almost three years ago for $250 million — 924 Bel Air Road has finally sold for $94 million.

Did Mohamed Hadid sell his mansion?

Hadid, 73, sold the home for a fraction of what he had hoped to make after he was ordered to demolish the estate over safety concerns, the New York Post reported.