The One (Los Angeles)

The One is a private residence in Bel Air, Los Angeles, California, United States. It is a compound of a main residence and three smaller houses in the modernist style and was developed by Nile Niami. The property is 105,000 square feet (9,800 m2) on 3.8 acres (1.5 ha).

Construction began in 2014. Following delays, it was completed in 2021. Niami initially sought to sell the mansion for $500 million, but his company fell into bankruptcy and the building sold at auction for $126 million, a record auction sale price in the United States.

It’s owned by Richard Saghian who is a fast fashion douchebag.

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List of largest houses in the United States

I saw an article about how rich people build museums attached to their homes. They get a tax deduction from the building costs, and don’t have to pay property taxes on that part. They use them for private parties, weddings, etc.

They’re supposed to be open to the public, but of course nobody from the government checks into that. The reporter wasn’t able to get into any of them.

I’m assuming that’s what the “philanthropy wing” is about.

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If you have to finagle a tax break into it, it’s a pretty weak ass show of wealth.

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15 points

that is exactly how wealth operates.

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8 points

Getting other people to pay for your shit is like 80% of being wealthy.

Look at Elon and his government subsidies, nfl owners and city subsidies for their stadiums they charge people 100s of dollars to enter, or Trump successfully getting rhe rnc to pay his legal fees.

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Arm the homeless, forcibly take it over.

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31 points

I used to be a forklift driver in a warehouse that was 30,000 square feet smaller than this house

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31 points

How much of the 3.8 acres is just driveway and parking lot?

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Technically speaking it doesn’t matter because the philanthropy wing is a carbon offset.

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31 points
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this house became notorious a few years ago from a truly obnoxious YouTube house tour the builder gave a knockoff Robin Leach, then for hosting massive covid-rule breaking parties.

the video is quite a watch if you can get through it, I hated everyone involved

https://youtu.be/_H2xmRseiDw

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18 points
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the gall of this guy to act like his house is sustainable

also apparently hes bankrupt

Construction began in 2014. Following delays, it was completed in 2021. Niami initially sought to sell the mansion for $500 million, but his company fell into bankruptcy and the building sold at auction for $126 million, a record auction sale price in the United States.

It costs $50,000 a month in electricity costs to cool during the summer

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7 points
Deleted by creator
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3 points

Mine is like 100. So sustainable

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https://youtu.be/_H2xmRseiDw

Thanks. I hated it even though I only watched a few bits and pieces.

knockoff Robin Leach

Indeed.

A comment…

As someone who has driven past this house maybe 1,000 times, I can tell you IRL this place looks like a military compound or a museum, not a home.

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I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

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4 points
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I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

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4 points

Yeah I came here to recommend the video, it’s an absolutely incredible comedy as you watch a pathetic young money man try to pretend that he hasn’t wasted all of his money on hubris to an old money man that is constantly judging his terrible choices.

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traingang

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