Updated Sep 28, 2026
Paul Marciano Of Guess Acquires Bird Streets Estate In Los Angeles For $18.5M
9265 Robin Drive
$18,500,000
$1,654/SF
Building Size
11,179 SF
Asset Type
Single Family
Closing
Sep 14, 2026
About this deal
AI
The property asset involved in the transaction is located at 9265 Robin Drive, Los Angeles, CA. This single-family home sits on 0.56 acres and has a total area of 11,179 square feet. The transaction was completed for a price of $18,500,000, which equates to $1,655 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,500,000
- Address: 9265 Robin Drive
- Market: Los Angeles, CA
- Acres: 0.56
- Square Footage: 11,179
- Price per Square Foot: $1,655
- Buyer: Paul Marciano - Guess
- Seller: Casey Wasserman
- Buyer’s Representatives: Branden Williams - The Beverly Hills Estates; Cooper Mount - Carolwood Estates
- Seller’s Representative: Kurt Rappaport - Westside Estate Agency
Notably, Casey Wasserman, the chairman of LA28, sold his estate which includes five bedrooms and seven baths. The property, designed by XTEN Architects, features amenities such as jetliner views, a professional theater, a private gym, a dance studio, an infinity pool, and an eight-car underground garage. The sale price was significantly lower than its previous asking price of $32.5 million in 2025 and also less than the $23.6 million paid in 2020.
On the Map
$18,500,000
$1,654/SF
Single Family
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Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $18.5M for 11,179 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93