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During construction, Niami initially stated the home would be listed for US$500 million. It was formally listed for sale in January 2022 at an asking price of US$295 million. [16] It did not receive an offer and on March 4, 2022, the property was sold at a bankruptcy auction to Richard Saghian, the owner of Fashion Nova, for US$126
The sale of L.A.'s biggest mansion to Fashion Nova owner is approved March 21, 2022 at 6:11 PM The mansion known as The One is L.A.'s largest residence, with 21 bedrooms and 42 full bathrooms.
Concierge Auctions listed the compound for sale at $295 million in January 2022. [19] It did not receive an offer and went to a bankruptcy auction in March 2022, where it sold to Richard Saghian, the CEO of Fashion Nova , for $126 million [ 20 ] plus a 12 percent commission to the Concierge Auctions that raised his total investment to $141 million.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Richard Saghian, owner of fast-fashion juggernaut Fashion Nova, was the winning bidder who spent $141 million to buy "The One" mega-mansion, he confirmed to The Times.
The Chevrolet Chevy II/Nova is a small automobile manufactured by Chevrolet, and produced in five generations for the 1962 through 1979, and 1985 through 1988 model years. Built on the X-body platform, the Nova was the top selling model in the Chevy II lineup through 1968. The Chevy II nameplate was dropped after 1968, with Nova becoming the ...