'The One' could be auctioned January; priced at $250 million
The owner of the largest modern home in America tells a bankruptcy court it plans to have a high-end auction house sell the Bel-Air property.
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The owner of the largest modern home in America tells a bankruptcy court it plans to have a high-end auction house sell the Bel-Air property.
Take a look at what L.A. County's median home price of $795,000 buys in areas such as Monterey Park, Vermont Square and Tarzana.
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An auction of the Bel-Air mansion known as The One is called off after the limited liability company that owns it files for bankruptcy protection.
Developer Nile Niami's Crestlloyd LLC filed for Chapter 11 on Tuesday, one day before a trustee's sale of the mega-mansion had been scheduled.