There was plenty of buzz surrounding the sale of The One, the 110,000 sq ft Los Angeles luxury mansion that went up for auction online at the end of February for US$295 million. It sold for less than half its asking price in March, at US$141 million.
Few homes have the same storied past—or as ambitious an asking price—as The One, so take a look below at some of the most jaw-dropping facts on this superlative-filled property.
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The Home’s New Billionaire Owner Has Been Revealed
The One sold for US$141 million, according to Concierge Auctions, which offered the sale of the home online. The buyer is Richard Saghian, the CEO of fast-fashion company Fashion Nova, according to media reports.
The home’s listing agents had “toured more than 42 qualified ultra-high-net-worth individuals since launching the sales efforts,” according to Aaron Kirman of real estate firms Aaron Kirman Group and Compass, who co-represented the listing, in a statement.
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