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Will this Mansion Replace The One? 

Real Estate Report
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Aaron Kirman just listed another impressive mega mansion for sale, a $126,000,000 development opportunity in Beverly Hills. In todays episode we talk about the plans for this estate, we look at the offering and renderings together, and we talk about who the most likely buyer will be.
I hope that you enjoy this video and if you have comments please leave them below! See you next video!
-Scott
#realestatenews
Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. No comments should be construed as fact. Always do your own due dilligence. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.

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26 сен 2024

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Комментарии : 71   
@cristibaluta
@cristibaluta 10 месяцев назад
Nothing can replace the one, the one is a mall, this looks quite cozy
@ArtFreeman
@ArtFreeman 10 месяцев назад
I agree
@SpencerCornelia
@SpencerCornelia 10 месяцев назад
you think the architect makes $1+ million on these projects? the renderings are super dope for this property
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Yes I believe they do! Especially if they’re doing a lot of the design work as well.
@DavidManouchehri
@DavidManouchehri 10 месяцев назад
You need that many bathrooms if you’re hosting large parties.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
True
@jdencook
@jdencook 10 месяцев назад
Great report Scott. Water feature on the see through wall of the garage was impressive. What’s going on with your spec ?
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Thanks… yeah that was definitely my favorite feature! My spec is just wrapping up drywall. I swear every time I go over there I’ve got crews running the generator, saw, etc. Even on weekends lately. Makes it impossible to film. But going to do an update soon.
@jgk381
@jgk381 10 месяцев назад
They should build an underground tunnel with an automatic walkway (like at airports) connecting the main house to the guest house so it's all one house and easier to get from one to the other.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
That is a great idea!
@dorseylandria6119
@dorseylandria6119 10 месяцев назад
I was thinking the same thing.
@Milezperhour
@Milezperhour 10 месяцев назад
The bedroom to bathroom ratio is got damn hilarious. Love the style though
@shadowfilm7980
@shadowfilm7980 10 месяцев назад
It is odd how far away the guest house is. It’s quite a distance. I always get hesitant when they only have renderings of the property. It’s not built yet. I would rather put my money towards something I can actually see. Feel.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
It is a bit odd! And I agree. It’ll be tough to find a buyer who is willing to wait.
@TheFinanceZone
@TheFinanceZone 10 месяцев назад
Does the real estate training also go over renovating the first house?
@mrbinspire
@mrbinspire 7 месяцев назад
As an avid LA luxury mansion goer, I appreciate your channel!!
@Real.Estate.Report
@Real.Estate.Report 7 месяцев назад
Glad to hear that!
@JusdoinstuF
@JusdoinstuF 10 месяцев назад
The empty lot was available to rent?
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Well there is (or was) an old house there…. so I guess they were trying to rent that out.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
I need this house
@wwgbert
@wwgbert 10 месяцев назад
cool, how about we spilt it 50/50 and I get the guest house but only if it has 3 bedrooms and 10 baths. 🤣
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
@@wwgbert😂ok deal!
@TheFinanceZone
@TheFinanceZone 10 месяцев назад
I thought they put a limit on square footage on new mega mansions being built. Wasn't that why Nile Niami was saying that the house was worth so much because new mega mansions couldn't be built anymore? Or was it just cause they had the permit to host pay per view events 🤣
@GordonJones88
@GordonJones88 10 месяцев назад
I think the square footage might also be based on lot size. So a giant lot can reasonably fit a giant house.
@brad2063
@brad2063 10 месяцев назад
How long do you think it would take to build ? 4-6 years is my guess
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Yep that’s a good guess. It’s hard telling from photos and Google earth but I don’t think there is much lot work needed. That saves some time.
@LooshChipper
@LooshChipper 10 месяцев назад
They need to pick a better state to build these castles in.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
I think so too. But nothing beats that weather in Southern California.
@annonymously331
@annonymously331 10 месяцев назад
It’s the only place where these properties can command such prices
@stanlee3619
@stanlee3619 10 месяцев назад
They could build it where you live, but they want to build these in places that aren't mostly poor people.
@brawnbenson552
@brawnbenson552 10 месяцев назад
This mega house is perfectly fine in CA. Build your own mega house in your maga town.
@Hanzthelord
@Hanzthelord 10 месяцев назад
I live in la and am republican, while the government, taxes, laws and all that sucks its one of the most amazing places geographically and has such good restaurants, shopping, weather. There’s so much variety in the different neighborhoods beaches, busy cities w skyscraper, mountains and desert and like quieter areas like Malibu. Some of the best car shops, doctors, and experts in any field.
@abrahamcortes8100
@abrahamcortes8100 10 месяцев назад
Wow!
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
I thought the same thing!
@MotorbikeDesign
@MotorbikeDesign 10 месяцев назад
I find the guesthouse more attractive than the main property
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
I agree I like the curved exterior
@surfstarcc1
@surfstarcc1 10 месяцев назад
Personally I would have built the main house on the higher elevation into the hillside. Why would you give the guest house a better view?
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Yeah I was wondering that too. Must just be less pad to work with up there.
@surfstarcc1
@surfstarcc1 10 месяцев назад
You're probably right with the pad square footage, though a gigantic main house built into the hill overlooking everything would be pretty awesome.
@Aryan_1729
@Aryan_1729 5 месяцев назад
Couldn't really find the same image in the map . Help !
@barryholiday8998
@barryholiday8998 10 месяцев назад
Crazy.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
Never ending stream of crazy properties in LA!
@annonymously331
@annonymously331 10 месяцев назад
As usual, it’s overpriced because the location is not good enough AND it’s backwards to the best view.
@ArtFreeman
@ArtFreeman 10 месяцев назад
I will take it. I will use Monopoly money to pay for it 😀
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
You mean bitcoin?! Just kidding haha
@youtubecarspottersguide1
@youtubecarspottersguide1 10 месяцев назад
a private island please
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
A private island in San Francisco just hit the market… $25 million!
@menaseven9093
@menaseven9093 10 месяцев назад
Nice $126 million mansion plan. the design of The One Bel Air is more beautiful.
@steffenbendel6031
@steffenbendel6031 10 месяцев назад
no cable car to the guest house. For that price, that is a no go.
@Xantheus07
@Xantheus07 3 месяца назад
The tried to sell The One for 500mill and it sold for only 120 mill.
@dorseylandria6119
@dorseylandria6119 10 месяцев назад
It's OK. Hey Scott, I noticed that THE ONE is being used for Hollywood productions. Do you know if the owner is actually living there or just renting it out?
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
The only production I know of is when the house was featured in that TV series ‘Loot’ … but wouldn’t be a bad idea to rent it out for other similar uses. Last I knew he’s not able to live there yet as there is no certificate or occupancy.
@dorseylandria6119
@dorseylandria6119 10 месяцев назад
@@Real.Estate.Report he still can't live in it??? 🚽
@maxhi88
@maxhi88 10 месяцев назад
I'm sure the guests will love to carry their luggage up those stairs.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
😂
@phoenix5054
@phoenix5054 10 месяцев назад
This estate will have manservants to do that.
@TheRealMcCoy88
@TheRealMcCoy88 10 месяцев назад
I thought the one sold for $141 million?
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
It was a $126 million sale but buyer had to pay $141 million after the auction fees
@coiler3927
@coiler3927 7 месяцев назад
This can't replace The One, it's too small and sensible.
@maxhi88
@maxhi88 10 месяцев назад
You need 20 bedrooms in such a house because of guests when the owner throws a party.
@steffenbendel6031
@steffenbendel6031 10 месяцев назад
it is only 8 bed rooms and 20 bathrooms, I think. So more for drinking parties.
@maxhi88
@maxhi88 10 месяцев назад
@@steffenbendel6031 Whoops, that is what I meant, bathrooms.
@thatundeadlegacy2985
@thatundeadlegacy2985 10 месяцев назад
If you had that much money you'd just buy your own private island ans avoid cali like the plague.
@Goxilla
@Goxilla 10 месяцев назад
Nile Niami really left a massive pile of trash behind
@w.harrison7277
@w.harrison7277 10 месяцев назад
These mega homes would give me the same problem I would have if I bought a mega yacht: I spent so much capital buying it I would be constantly looking for imperfections and end up feeling like a complainer and a malcontent. So what if you're the boss? If all you do is walk around pointing out problems to staff you will end up hating yourself. You would have to have fame as well as money to draw in a reliable pool of people to keep you inspired. If you think you would never get lonely in a house like this, or giant yacht, this is mistaken, unless you are on drugs or drinking a lot. One lady was alone on a yacht with a staff of 50 people while her husband was away and the massage lady said she confided in her how lonely she was on the ship. Its like buying a super expensive car, you wind up focused on the imperfections.
@Real.Estate.Report
@Real.Estate.Report 10 месяцев назад
That’s a fascinating perspective. Would make for an interesting video to interview a few people that live in homes like this about their experience / loneliness.
@tuck6464
@tuck6464 10 месяцев назад
The other, other one, not started, not done.
@writethisthat3613
@writethisthat3613 10 месяцев назад
This makes a $30-40 million house seem somewhat affordable.
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