REAL ESTATE: 944 Airole Way and 901 Strada Vecchia

944 Airole Way Auction:

The auctioned property at 944 Airole Way - “The One” that buried Nile Niami - received the winning bid of $126 million, with commission, $144 million. The winning bid falls short $190 million in outstanding debt.

For more information, see links below:

LA TIMES: ‘The One’ mega-mansion is up for auction. Whoever buys it may soon have a mega-headache”

More information links on the auction results:

LOS ANGELES TIMES “L.A.’s most extravagant mansion sells for less than half its list price”

WALL STREET JOURNAL “Once Slated to Be America’s Priciest Home, The One Sells at Auction for Just $126 Million"

CNBC: “America’s biggest new mansion auctions for $141 million”

 

Demolition Continues on 901 Strada Vecchia:

IMAGE OWNED BY BEL-AIR ASSOCIATION

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