Record Auction — Los Angeles

Bel Air Estate

Los Angeles, CA
SALE PRICE
$126,000,000
RECORD DATE
March 2022
STATUS
Closed
PROPERTY TYPE
Estate
SPECIFICATIONS
The One · 944 Airole Way · 105,000 sq ft
LISTING AGENT(S)
Aaron Kirman; Branden & Rayni Williams
LISTING BROKERAGE
Compass; The Beverly Hills Estates
BUYER'S AGENT(S)
Not disclosed
BUYER'S BROKERAGE
Not disclosed
PROVENANCE
The highest auction price ever paid for a residence in the United States. Known as The One, developer Nile Niami's 105,000-square-foot Bel Air commission by architect Paul McClean sold through Concierge Auctions in March 2022 for $126,000,000, a total of $141,000,000 with the buyer's premium, to Fashion Nova founder Richard Saghian. The listing was held by Aaron Kirman of Compass with Branden and Rayni Williams of The Beverly Hills Estates.
PRESS CITATIONS
Los Angeles Times
2022
Bloomberg
2022
REPRESENTING BROKERS
Aaron Kirman
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