SOLD
Fashion Nova CEO Rich Saghian Acquires $141M Bel-Air SFR
944 Airole Way
Single Family Residence
105,000 SF
105,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Single Family Residence
105,000 sqft
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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Details
SOLD
IMAGE: 03/04/2022
ADDRESS: 944 Airole Way
MARKET: Bel-Air
ASSET TYPE: SFR
BROKER: Aaron Kirman & Rayni and Branden Williams @Compass
BUYER: @Rich Saghian - Fashion Nova
SALE PRICE: $141,000,000
SF: 105k ~ PPSF: $1,342
QUOTE: The One Bel-Air is a once-in-a-lifetime property that can never be duplicated. There is nothing else like it. As a lifelong Angeleno and avid collector of real estate, I recognized this as a rare opportunity that also lets me own a unique property that is destined to be a part of Los Angeles history,” Saghian said Sunday in an emailed statement to the @latimesView on map
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Address944 Airole Way
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