As Nile Niami continues engaged on The One — his 100,00-square-foot mansion he’s hoping to promote for $500 million — he simply wrapped up a smaller deal within the Hollywood Hills. The spec developer and film producer has bought a contemporary spot perched above the Sundown Strip for $9.58 million, lower than half of the large $19.9 million he was aiming for in 2017.
It’ll chalk up as a loss when factoring within the renovations he made, however by way of pure numbers, the sale is $80,000 greater than the $9.5 million he paid in 2015 when he purchased it from expertise supervisor Scooter Braun.
Spanning three tales, the hillside house is a traditional Niami providing, boasting glossy fashionable model, high-end facilities and flashy finishes throughout roughly 6,000 sq. ft. The primary degree boasts dramatic frequent areas comparable to a marble kitchen and a double-height front room with a hearth and mirrored backsplash.
The wine cellar.
The eating space.
The bed room.
The movie show.
The billiards room.
The again patio.
The three-story house.
The complete high degree is devoted to the proprietor’s suite, a scenic indoor-outdoor house lined with partitions of glass. Considered one of three bedrooms and 6 loos, it comes with a customized closet and spa rest room. Facilities fill out the decrease degree, together with a movie show, billiards room, wine cellar and moist bar.
Three ranges of decks and patios grasp off the again of the house, resulting in a tropical yard with a swimming pool and spa on the fringe of the property. A lounge space and out of doors fitness center full the quarter-acre grounds.
Camellia Yeroomian of the Company held the itemizing. Jacob Greene of Douglas Elliman represented the customer.