Richard Saghian Acquires Malibu SFR From Ted Sarandos & Nicole Avant For $14.7M | Hilton & Hyland & Compass Brokers deal for $14,700,000 in Malibu | Stuart Vetterick, Chris Cortazzo, Jonah Wilson | Single Family | Sale

Summary

Sale

CALIFORNIA

Single Family

3,736 sqft

Richard Saghian, the founder of the popular fashion brand Fashion Nova, has purchased a single-family home (SFR) in Malibu. The property, which spans 3,736 square feet, was sold by Ted Sarandos, the Chief Content Officer and co-CEO of Netflix, and Nicole Avant. The transaction was facilitated by the brokers Jonah Wilson, Stuart Vetterick from Hilton & Hyland, and Chris Cortazzo from Compass.

Summary of transaction details

Property Type: Single-Family Home (SFR)
Transaction Amount: $14,700,000
Market: Malibu
Square Footage: 3,736
Price per Square Foot: $3,934

This high-profile deal attracted attention due to the involvement of Richard Saghian, known for his successful venture in the fashion industry with Fashion Nova. The sellers, Ted Sarandos and Nicole Avant, are prominent figures in the entertainment industry, with Sarandos being a key executive at Netflix.

Players

All
5

Agents
3
Agencies
2

$83.7M Sold

$518.2M Sold

$144.7M Sold

Details

Deal Summary

SOLD

IMAGE: Richard Saghian & Ted Sarandos DATE: 08/10/2021 MARKET: Malibu ASSET TYPE: SFR BUYER: Richard Saghian SELLER: Ted Sarandos - Netflix & Nicole Avant BROKERS: Jonah Wilson & Stuart Vetterick - Hilton & Hyland; Chris Cortazzo - Compass SALE PRICE: $14,700,000 SF: 3,736 ~ PPSF: $3,934

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AddressHilton & Hyland & Compass Brokers deal for $14,700,000 in Malibu

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