A 105,000 square feet mega mansion is on sale in Los Angeles, California. It’s known as “The One”, and it’s in the Bel Air section of LA. It is listed for $295 million, which makes it the most expensive property in the US. If it is sold for this price, it would be the most expensive house ever sold in the US. It would surpass billionaire Ken Griffin’s $238 million purchase of an apartment in Manhattan, NY. Ken Griffin is a Hedge Fund manager. If it doesn’t sell soon, it will be auctioned off and sold to the highest bidder. It is built on four acres of land, and had a asking price of $500 million originally. It was built by a Hollywood producer who later became a developer. He eventually went into debt, so it is scheduled to be sold in the auction beginning in Feb. Two people already are showing interest in the property. The house is sick, and read my source article for a description of the house. There are a bunch of legal issues with the house, and it has cracks in some places. This is going to be messy.
