Benjamin & Hedy Nazarian Acquire Bel Air SFR From Jean Kasem For $34M

A single-family residence (SFR) in Bel Air has been sold for a staggering price of $34,000,000. The property is a spacious 12,000 square feet, equating to a price per square foot of $2,833. The sale took place on April 8, 2021 and involved Benjamin Nazarian and Hedy Nazarian as the buyers, while Jean Kasem acted as the seller.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $34,000,000
• Square Footage: 12,000 sqft
• Price per Square Foot: $2,833
• Market: Bel Air

The sale of this impressive property was finalised by Benjamin Nazarian and Hedy Nazarian, who acquired it from Jean Kasem. This transaction highlights the significant involvement of these individuals in the Bel Air market, and their successful negotiations demonstrate their expertise in the real estate industry.