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North Faring Road
SOLD

Nick Molnar Acquires Funny Girl Estate From Robbie Williams For $65M

North Faring Road

Single Family
18,900 SF
clock iconSold 13 days ago
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Summary

Sale
CALIFORNIA
Single Family
18,900 sqft

The "Funny Girl" Estate in Holmby Hills, located at 312 North Faring Road with an expansive land size of 1.95 acres, was sold for a staggering price of $65,000,000. This single-family property spans 18,900 square feet and was acquired by Nick Molnar, the co-founder of Afterpay, from the previous owner, Robbie Williams.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $65,000,000
  • Market: Los Angeles
  • Buyer: Nick Molnar - Afterpay
  • Seller: Robbie Williams

Nick Molnar, representing Afterpay, made the purchase through an entity associated with him. Lapro Property Trust, based in Sydney, Australia, completed the acquisition. Notably, the property was originally constructed in 1938 for the renowned comedian Fanny Brice. Robbie Williams, the previous owner, had financed the acquisition with a $32 million loan from JPMorgan after purchasing it for $49.5 million in March 2022.

Details

Deal Summary
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SOLD
IMAGE: Nick Molnar & Robbie Williams DATE: 05/06/2024 ADDRESS: North Faring Road MARKET: Los Angeles ASSET TYPE: Single Family ~ ACRES: 1.95 BUYER: Nick Molnar (@MolnarNick) - Afterpay SELLER: Robbie Williams (@RobbieWilliams) SALE PRICE: $65,000,000 SF: 18,900 ~ PPSF: $3,439 NOTE: Nick Molnar, co-founder of Afterpay, through an entity linked to him, has purchased the "Funny Girl" Estate in Holmby Hills for $65 million, making it the priciest residential sale in Los Angeles County this year. Lapro Property Trust, based in Sydney, Australia, finalized the acquisition of 312 North Faring Road, originally built for comedian Fanny Brice in 1938, after selling a Century City penthouse to Rihanna for $21 million in March 2023. The estate was previously owned by British pop singer Robbie Williams, who bought it for $49.5 million in March 2022 and financed the purchase with a $32 million loan from JPMorgan.

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AddressNorth Faring Road

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