Fashion Nova CEO Rich Saghian Acquires $141M Bel-Air SFR

944 Airole Way, Los Angeles, California 90077, United States

$141,000,000

$1,342/SF

Building Size

105,000 SF

Asset Type

Single Family Residence

Closing

Mar 3, 2022

AI

The property involved in this transaction is located at 944 Airole Way in Bel-Air. It is a single-family residential (SFR) property with a total square footage of approximately 105,000 square feet. The sale took place on March 4, 2022.

Summary of transaction details

Property Type: SFR
Sale Price: $141,000,000
Price Per Square Foot (PPSF): $1,342
Market: Bel-Air
Address: 944 Airole Way

The brokers involved in this transaction were Aaron Kirman, Rayni and Branden Williams from Compass. The buyer for the property is Rich Saghian, the founder of Fashion Nova. Saghian expressed his excitement about the unique nature of the property, stating that it is a once-in-a-lifetime opportunity and a part of Los Angeles history. The transaction was reported by the Los Angeles Times.

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