SOLD
Paul Nassif's Bel-Air Mansion Sells For $18.4M In Los Angeles
1035 Stradella Road
Single Family Residence
12,130 SF
12,130 SF
Sold 310 days ago
Summary
Sale
CALIFORNIA
Single Family Residence
12,130 sqft
The Bel-Air mansion owned by Paul Nassif in Los Angeles has been sold in an auction for $18.4 million. The luxury estate, with a generous 12,130 square feet, was initially listed for $32 million, making the final sale price significantly lower than the asking price.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $18,400,000
- Address: 1035 Stradella Road
- Market: Los Angeles
The auction attracted attention to the property, which was developed by Paul Nassif, a reality TV star. The sale was carried out to facilitate Nassif's plans for other projects, as he decided to part ways with the 12,130-square-foot luxury estate. The transaction was mediated by a notable group of brokers representing different agencies. Mauricio Umansky from The Agency, Jade Mills from Coldwell Banker Realty, Joshua Altman from Douglas Elliman, and Tomer Fridman from Compass played key roles in the successful sale.
Players
All
8
Agents
4
Agencies
4
Details
SOLD
IMAGE: Tomer Fridman, Mauricio Umansky, Jade Mills & Joshua Altman
DATE: 06/14/2023
ADDRESS: 1035 Stradella Road
MARKET: Los Angeles
ASSET TYPE: SFR
SELLER: Paul Nassif
BROKERS: Mauricio Umansky - The Agency (@TheAgencyRE); Jade Mills (@JadeMillsEstates) - Coldwell Banker Realty (@ColdwellBanker); Joshua Altman (@TheJoshAltman) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanCalifornia); Tomer Fridman (@Tomer.Fridman) - Compass (@Compass) (@CompassCalifornia)
SALE PRICE: $18,400,000
SF: 12,130 ~ PPSF: $1,517
NOTE: Paul Nassif's Bel-Air mansion in Los Angeles was sold in an auction for $18.4 million, almost half of its original $32 million asking price. The 12,130-square-foot luxury estate, developed by the reality TV star, attracted attention but ultimately went through the auction process to facilitate Nassif's plans for other projects.View on map
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Address1035 Stradella Road
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