After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as ‘The One’ has been sold. (Allen J. Schaben / Los Angeles Times) The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction. That’s a huge discount from its $295-million listing price, even with a 12% auction fee bringing the total to about $141 million. The Bel-Air property set a record for the costliest house sold at auction, but it fell well short of the California… Source link
Read More »L.A.’s most extravagant mansion sells for less than half its list price
