Kuwaiti billionaire’s seven Bel Air homes head to auction for $105M
A Bel Air property consisting of seven houses is heading to auction, but not before asking nine figures for the entire package. The roughly 15.9-acre property, spanning nine parcels and seven homes across Lower Bel Air, will be marketed for $105 million ahead of a no-reserve auction next month, Mansion Global reported. Kuwaiti billionaire Bassam Alghanim owns the property and has been piecing together the assemblage since 1979. After the death of his father, Yusuf Ahmed Alghanim, in 1992, Bassam Alghanim inherited a stake in his family’s company, Alghanim Industries, though he is not involved in its running. The Kuwait-based […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Hollywood apartments fetch highest per-unit price in neighborhood in years
Lindsey Vonn Relists Her 1940s Beverly Hills Bungalow for $4.3 Million
Ready for its close-up: Cosmetics mogul lists LA estate for $49M after extensive makeover
Developer-turned-gubernatorial candidate Stephen Cloobeck arrested, charged with witness tampering
Pegasus puts commercial leasing data toward AI joint venture
The Pricing Mistake That Could Cost You Your Sale
Cramped, Dark Kitchen Opens Up With a Blue-and-White Palette (7 photos)
WareSpace breaks into LA Mid-Counties market with $16M Santa Fe Springs buy
Debra Messing’s Glamorous New York City Apartment Can Now Be Yours for $6.5 Million
Pratt validated as threat in mayor’s race as DSA-LA recommends Raman
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA