Bel Air megamansion listed for $87.8 million flops at auction and the celebrity developer seller is furious

Hahahahaha fucking real estate cunts!!!!!

I hope they all die in a grease fire.

Real estate assholes all deserve their heads on a pike.

What is wrong with that person’s face?

My god, his face!

R3 - He was in a grease fire. See R1.

I’m not sure I understand how it can sell below the reserve price even if he’s in bankruptcy. Can someone explain to me like I’m five?

She cray

Did he stomp his little feet?

Nobody wants to live in that shithole L.A. anymore.

He's a DERMATOLOGIST??? Physician, try to heal thyself!

The banks/creditors he owes money to may figure this is the best way to minimize their losses and force the sale to go through for less than the reserve.

Their attitude is likely that better to get something than nothing.

Hahahahaha. Stupid cunts.

He’s straight?!

Yeah, what the fuck IS wrong with that guys face? His eyebrows look painted on but did he also have a facelift at age 40? DL plastic surgery experts, please weigh in.

who wants anything associated with that creature

It's tacky AF, but it does have good bones and that view is nice. Looks like your neighbor is on the other side of the bushes -- not something I would expect for $87M.

Depends on who set the reserve price, R8. If it was the indebted owner, he may be free to take all reasonable measures to settle his debt. If it's a bank or a court, they could set s reserve but they could also - in some jurisdictions- have latitude to accept a reasonable rather than a full settlement.

An owner who thinks his house is worth more than he is offered on the auction market is not a surprise, it's a routine outcome.

[quote] He’s straight?!

Yes... straight onto his knees.

[quote] Yeah, what the fuck IS wrong with that guys face?

He was set on fire in a grease fire.

Persian Jew or Armenian?

Meh. I like the smaller house above it better.

Aren’t Ben and Jen looking for a love nest? Although, if history is any indication, maybe they ought to just rent.

[quote] Persian Jew or Armenian?

Probably both.

Amateurs...

Her eyebrows are screaming MARY!!!

If he ever got on a dance floor the DJ should play this song………

What a hideous house.

Just like it’s owner.

From the Eisner article:

“Eisner bought the first parcel on the bluffs in the mid-1990s and began adding adjacent lots until he completed the compound in 2020.”

He finished it and two years of happiness are for naught.

Most likely the house had a criminal lack of throw pillows, hence the lowered price.

I am outraged by his eyebrows!

I'm sorry. $225 Million. I'm too disgusted to calculate what that money could buy for children and hospitals and homeless people and schools and destitute populations in destitute countries and on and on.

I guess the 1% get to do whatever they want with their money, but much of it has been earned on the backs of the poor people, as they might call them, and the fact that they pay no taxes.

He and his $225 million house should be struck by lightening. Or die in the DL proverbial Grease Fire.

Sorry if I'm not being coherent but I've really just had it with this wretched excess in a world where most people are barely surviving.

[quote] I'm sorry. $225 Million. I'm too disgusted to calculate what that money could buy for children and hospitals and homeless people and schools and destitute populations in destitute countries and on and on.

Exactly.

And this fucking cunt is "furious." Because he didn't make the sale and doesn't get the commission.

I hope he gets eaten by fucking coyotes and ripped to pieces.

[quote]Bel Air megamansion listed for $87.8 million flops at auction and the celebrity developer seller is hideous.

FIFY, Chloe Taylor

Did everyone watch the video at the TMZ link?

He may have the most unattractive voice I've ever heard.

He has the most unattractive soul too.

It looks like he got a bad nose job and crazy lip fillers, but he really needed a chin implant.

[quote] the celebrity developer seller is furious

Celebrity developer???

No one has even heard of this faygelah.

Oh, drat. I just hate when rich people don’t get richer!!

[quote]It's tacky AF, but it does have good bones and that view is nice.

Oh—I thought you were talking about his face.

So does this mean the Russian, Chinese and Middle Eastern money is now gone, and in some cases, never to return?

Damn, $225??? Think what Bab’s Malibu spread must be worth. Her signature stank AND a Shopping Mall.

It looks like he went to the same surgeon as Omid Scooby-Doo….

Lol, r24…

[quote]What is wrong with that person’s face?

He looks like a FtM tranny version of Kathy Najimy....with bad tattooed on eyebrows.

As a Hyatt Ziva All Inclusive Resort, I could see it, but....

How many hideously tacky and vulgars SUPER SIZED mansions are there in the Los Angeles area. 2000? 20,000? 200,000?

The world may never know!

He’s quite possibly looking at chapter 7. At 49, will he remake it all before he’s 60?

He looks like one of Brian Jordan Alvarez’s characters on Instagram.

Also, grease fire.

[quote]Persian Jew or Armenian?

Persian.

How much debt is he in that $48 million isn't enough?

[quote] Eisner bought the first parcel on the bluffs in the mid-1990s and began adding adjacent lots until he completed the compound in 2020.

Amateur

Only $48M offered. Maybe he shouldn't have included himself as part of the sale.

Bye bye, real estate market!

All these monstrosities are built by Arabs/Persians/Armenians - all are fairly ugly, and only appeal to the group that built them. That creates an incredibly small pool of potential buyers.

r30 get off your damn cross and do something yourself you sanctimonous handout seeking wanker

The dirt pimps cry bitter tears.

He does look like Kathy Najimy, likely Persian then.

They build them like this because “icy modernist house in the Hills” is a cliché in all the movies and TV commercials. Very few people actually want to live like that though.

That face!

Looks like a rat who has had fillers and Botox.

Those eyebrows alone are cause for him to be shot.

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Any practice that takes Care Credit always makes one think twice.

He kind of looks like Lydia from Breaking Bad.

How did a freak dermatologist make such a fortune to build such a palace?

The Michael Eisner estate is gorgeous. I doubt any parcel of land/homes (nine structures?) could warrant that price, but the photos show it to be quite beautiful.

Apparently no Persian dermatologists were consulted on the design or furnishings.

I just saw this on the duplicate thread and realized that a couple of years ago, I watched a video on YouTube about this mansion as it was still in construction, and it was the most obnoxious thing I'd ever seen. Some ugly old British guy named Michael and his ratty old Korean wig were trying to sell the place, I think. At one point he walked on the lawn and said he'd never walked on grass before, that's just how amazing this home is! It was pathetic.

"Khadavi said: 'It's like when you go to a car dealership to buy a Toyota and they show you a Ferrari or a Lamborghini. It's like, 'Hey, I want that one!' You can't pass it up' "

Yeah. I came in t0 buy a 25k Toyota but I 'll take that 300K Lambo instead.

Toyota dealerships sell Italian supercars?

He looks a demonic elf on the shelf here.

His Yelp reviews are a hoot. He’s a Trumper and antimasker on top of being a rude, bigoted asshole. Surprise, surprise.

People who could afford that house can afford to get exactly what they want. I don't know how he could be surprised.

I haven’t looked at it, but given the highly questionable aesthetic choices of its owner vis-à-vis his own looks, I’m sure that this house’s neighbor at 822 Sarbonne is far nicer.

OP- You should have called it a Bel Air Mega McMansion.

[quote] Some ugly old British guy named Michael and his ratty old Korean wig were trying to sell the place

LOL "Producer Michael"!? I love your spot-on description of him! He really is quite revolting. And there's nothing more embarrassing than a grown-ass man desperately telling you how expensive everything is that he's wearing/driving. He claims to be wealthy but acts like a complete and utter poser.

R62

Fact his practice takes Care Credit, along with what seems to be a decent number of famous (or adjacent) persons likely account for good part Dr. Khadavi's perceived wealth.

Care Credit is General Electric Financial. One of the worst predatory lenders out there. Looked into them once and kept going after noticing their lowest APR (for those with high to excellent credit scores) was around 27%.

Care Credit acts as a loan. Practice bills entire cost for procedure/treatments upfront, and are paid right off top. That is a pretty nice cash flow if a practice can sell themselves and take on those who aren't aware of what they're getting into.

Care Credit is popular with dentists (especially cosmetic, periodontal and other procedures that usually aren't covered by insurance much if at all. But also cosmetic surgery, dermatology, and so forth that usually also aren't covered by insurance.

There's not many photos of the interior out there. Why is that?

His face looks beautiful! Nearly lifelike!

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"Prospective buyers hail from the Middle East, China, as well locals in Los Angeles. Kirman said that he traveled to the Netherlands and Spain to meet with prospective buyers in late April."

If anyone wonders how these "million dollar listing" sorts of RE agents roll in so much money, above linked article gives clues.

Two brokers for this deal will split a 2% of final sale price fee. With final sale price of $45 million, well do the sums....

One of RE brokers in this deal, Mauricio Umansky is married to Kyle Richards.

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I wouldn't wish that house on even the tackiest nouveau riche like the Kardashians

Have we noted that the headline of the article is incorrect.

No one appears to be "furious"

[quote] developer Alex Khadavi, told CNBC the auction results were “horrible, horrible, horrible."

[quote] “Honestly, I’m not happy,” co-listing agent Aaron Kirman of Compass told CNBC. “We wanted more.”

R80

It is almost certain who ever bought that property at auction is looking for just the land. That ghastly house will be torn down and something new built in it's place. This is pretty much standard for CA especially certain areas around say Los Angeles.

[quote]“dramatic views of Los Angeles,”

Aka nauseating view of various Valley shitholes.

A big reminder that anything is only "worth" what someone will pay for it on any given day.

That fluctuates and is difficult to predict.

Kirman was also an agent for The One, which also failed to hit expectations.

They've megalomania these people, one can't get away from them.

Just because they have "some" money, they think can throw up these sort of ghastly homes and find a ready market when the inevitable time to sell arrives.

Yet another example of some fool thinking he could make a splash and killing in RE market.

Alex Khadavi playing at "Mr. Junior Developer" did this entire project on spec, he wasn't going to actually live in home, but was thought some fool would pay nearly $90 million for privilege to do so. Well he thought wrong....

Similar mega mansions all over USA have met similar fates, and just sit on market for failure of seller to unload.

R20 that does look nice, the house above the subject of this thread - looks like a lovely old home. I can see someone might pay somewhere near 87 million for that. But not the hideous tacky megamansion

It is hideous. There is a lack of design, style and unity in the place. Of course, it is completely devoid of any architectural historical reference.

To me, it looks like a car dealership.

Who is going to buy something like this? This is at a price point were buyers want a say in the design. The wealthy are aware of design and architecture. You cannot have people over, you would be the subject of ridicule.

This is what the wealthy criminals want glass walls were any youtuber could surveil you with drones 24/7. What an idiot?!

he fucked up this house and property. And you could have figure out he was a complete loser because he fucked up his own face too. Is he some loser rich kid?

Again read linked comments above, usual buyer of these sort of properties likely got this one as well; oily Middle Eastern, East European or Asian git looking for place to stash their ill gotten gains.

They buy properties like this for land, tear down whatever exists, then build something likely equally vulgar as what previously existed.

In old days some American developer would nab this sort of property for the land, then promptly subdivide into smaller lots, then build homes. Bel Air frowns on such things, so it seems likely this mega mansion will remain, or something similar will replace.

I like the ersatz palace Fleur de Lys. It's over the top but reasonably well done and amusing more than tacky.

Haha yes r71, it was Producer Michael! He's stuffed like a sausage into terrible polyester shirts and says stupid things while walking through large homes.

Poor Dr. Kadaver. 😟

R85, I thought this house WAS "The One"...?

It's amazing he has any patients. Excluding his horrible attitude, who would any sane person want someone with such a grotesque, distorted plastic surgery face doing anything to their own faces?

I'll go ahead and "oh dear" myself.

This guy is disgusting

All the money that bastard has made and he can't make a go of it? He's a bankrupt scumbag. I hope he's eating out of a dumpster soon.

I thought this was The One, as well, until I saw the photo. This is like a mini The One. I got mad listening to the guy designing The One when he started talking about the "servant's quarters" which are like tiny shoeboxes in that monstrosity that has a fucking candy room. And Producer Michael is the douchiest of douches. A prime example of not knowing how to age gracefully and aging without ever developing any depth.

[quote] There's not many photos of the interior out there. Why is that?

The cameras kept bursting into flames.