Nick Molnar Of AfterPay Sells Bel-Air Mansion For $36.4M With Brokers David Parnes & James Harris

A single-family mansion designed by Richard Manion, located in Bel-Air, Los Angeles, was sold for $36.4 million. The property encompasses 1.12 acres and features six bedrooms. The estate, with a total of 10,616 square feet, resulted in a price per square foot of $3,429.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $36,400,000
• Square Footage: 10,616
• Price Per Square Foot: $3,429
• Seller: Nick Molnar - AfterPay
• Brokers: David Parnes, James Harris & Linda May - Carolwood Estates
• Purchase Price in 2022: $34,800,000
• Flip Amount: $1,600,000

Nick Molnar, the co-founder of AfterPay, was the seller in this transaction, having previously acquired the estate in 2022. The deal was facilitated by brokers David Parnes, James Harris, and Linda May, members of Carolwood Estates.