Look At This: 'The One' in Bel Air
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- Опубліковано 15 вер 2024
- This multi-million dollar home, otherwise known as "The One," sits above the rest of the homes in Bel Air, coming in at over 100,000 sq. ft. The home has been under development by Nile Niami for more than a decade, and while still not finished, it is up for bankruptcy auction next month. Initially expected to be sold for $500 million, the property is still valued at a record-breaking $350 million. If you have something for Desmond to take a look at, email us at lookatthis@cbs.com
…….And with L.A. county’s super cheap property taxes, what a deal!! 😳😳😳
@@hediyvesemi4412 3 million a year
The billionaire that buys it isn’t gonna care😂😂
@@xoovo3324 YES BABY ITS NOT CHEAP TO BE THE ONE
NEED TO HAVE BOOLS :) END MONEY
“Luke 9:25 Really, what good will it do a man if he gains the whole world but loses his own self or suffers ruin?”
I bet LA county can't wait for this to start paying property taxes!
I did the flooring in this house!!! Hahahahaha the utilities at this place per month, just water and power are 36,000 per month
Cool! Ive always wanted to find out the contractor who did the flooring. Is that marble flooring? I thought that marble scratches so easily and should be avoided on floors. Great job though, it looked very clean!
@@ezdeezytube i did the marble, the polished concrete, urathane coats by pools, and the epoxy in the service room
Rick Harrison: I'll give you $50, that's the best I can do...
Certainly homes like this are good for the environment
LOL, not.
Considering it'll only be used occasionally for parties and events and be empty the rest of the time, probably yeah lol
*"Look At This: Capitalism Has Reached Peak Decadence"*
would have been a more accurate title
Hahaha sorry but the democrats decadence has far surpassed this home, and I watched the full walk thur it could be used for several things but several companies at the same time, you can't even just say that's bad ass and move on, your heads so far up your ass you can self diagnosia IBS
it will get rented out to rappers and hip hop "artists" for music videos.
Reality TV shows,
But does it have a penguin butler? 🐧
Hey dude
You could probably fit a couple of thousand homeless people there
Darn. You beat me to it.
No. Just NO.
@Mr Bogdanoff
You mean how America have been destroying our planet?
If you think the homeless people would be so destructive than they learn from the best our EViL Genocidal Regime aka America, The NUMBER ONE Planet Killer The USA!
@@ffjsb
Yes. Yassss Queen.
Why are you SHiLLiNG for Wall Street, BiG Pharma, BiG Oil, and the likes of Bill Gates, Jeff Bezo and such.
You Wall Street Apologist...
I hope the Wall Street Check that you are getting is BiG for you to be Boot Licking America's corrupt real estate industry...
You could but that’s not the solution to the problem
Seize it by city ordinance and convert it to a rec center for low income level kids living with disabilities, instead of catering to the disability of gold fever.
Better tax it and build alot of those centers money of the rich doing good for kids
Looks like Tony Stark's house
50 car garage???
For your guests
Nah, more like 30 cars. However the car port is massive and make up the numbers.
everybody commenting bring the homeless clearly has never been to that area its miles of neighborhoods with nothing else around
where millionaires are always preaching how we should be environmentally friendly, how about starting with being less wasteful? Does anyone need to live in these mansions?
They preach that "we" should. Not them...
This is the reason the homless / crime problem is getting worse everyday. homes are way over priced.
This doesn't have a fucking thing to do with homelessness. It's created many jobs.
@@ffjsb
Why are you SHiLLiNG for Wall Street, BiG Pharma, BiG Oil, and the likes of Bill Gates, Jeff Bezo and such.
You Wall Street Apologist...
I hope the Wall Street Check that you are getting is BiG for you to be Boot Licking America's corrupt real estate industry...
@@ffjsb The rising cost of real-estate is creating more homeless.
@@juicebreath6661 Nope. Welfare is what creates homelessness.
@@ffjsb Welfare keeps more families off the street and food for them
No helipad ??? Cheap !!! I wouldn't buy it ...
Can't land a helicopter in Bel Air, City law.
Would you look at this 😂😂😂
It needs another $10 million to finish? seriously, use it as a homeless shelter. There is a reason why the world's Billionaires do not want this house. LA is not a wealthy dreamland.
6,250,000 annual property tax (1.25% of 500 million)
15,000,000 for selling agent (3%)
15,000,000 for buying agent (3%)
and then some...🤦♂️
Its actually going for 295 but it will sell for 190
@@drockk2009 I wonder what it costs to build: for the property, materials, labor, permits, inspections.
I want a job at the nightclub believe it or not
What can you do? Play Spotify?
Pass... Good luck 😆
They'll get you on the taxes
That's a lavish hotel not a home I'd spend a day here and be like no thanks way too big and creepy
What a waste of money.wait til the shore line raises up 10 feet or more 😂
Wasn't Airwolf parked on the roof of this for a while?
It doesn’t even have a moat! Pass…
Or a dragon.
And on the outskirts surroundings you have tent city🤨
but does it have a mud room? or a dedicated laundry room? I don't want any washing machines in the closet.
The master bedroom has its own swimming pool
thank you 👍
id get rid of the golf bs
BLM can pick it up for a song
Well damn
pass
I want it
I would not even want to live in a house THIS large 🤔
You wouldn't it requires a staff
Pass
Could be a tax write off
A Saudi Prince bought this to develope and sell? Than Bel Aire let him bankrupt on this!? I thought you have to run out of money to bankrupt!? What's going on here??
Who the fuck needs a home like this?! This ain’t a home. This is a hotel. Instead of building one big fucking home they could have build 20 homes!
😳
Nice
Roman Reigns live there. He is "the One"☝
Nile is delusional, not facing reality! I'm sitting & watching, actually I'm anxious and can't wait until it's auction time and I can buy that estate for pennies on the dollar...
You'd still pay 3m per year for taxes, and 40k for utilities per month
Ridiculous
sorry, not big enough. I won't buy it.
@ffjsb @juicebreath
I don't think "Mexicans" are making a decent living at 15.00 or 20.00 dollars an hour. 40hrs x 20 = 800 per week = 3,200 per month before taxes. Plus the jobs they do usually does not provide health care, benefit, or retirement. The average rent in LA is around 2k. Plus utilities, insurance, food, and transportation. Not including entertainment, emergencies, or dependents.
Both of you have a point. I'm speaking from personally having worked manual labor/construction, fast food, a full-time cop, Dunbar, EMS, and amongst other things. Also, I've lived in 3 different states with multiple years in each (North Carolina, Florida, California). What I have observed happened in CA the past 10 years or so, especially in the Los Angeles areas, is that properties are being bought to tear down. Then build new so that the selling value could not be measured. An example: builder buys it at 100 dollars per square feet, build a new home with a fancy kitchen/bed room/closet/bathroom, then priced it at 300 dollars per square feet. Then usually a foreigner idiot comes along with money that doesn't do their homework of the average selling price per sq ft in that area. They just see a fancy room or so and so, that had them blindly pay 300 versus 100 per sq ft, or more reasonable profit if priced at 130 per sq ft for this example. But NO, somebody buys it for 3x times its value raising the avg selling price per sq ft in that area. Causing unreasonable abrupt increases in higher mortgages and paying higher amounts in taxes. In turn: higher mortgage, but same work wage. In turn, people would rent rooms in their homes to help pay their mortgages (Look around you, if you don't believe me). In addition, another small part of the factor is demand and growth in population. But the unreasonable rise in price per square feet not relative to span of time is the bigger factor.
Rent/mortgage increased exponentially with relatively the same/not increasing work wage for normal working locals is a recipe for disaster. Officials aren't going to say/do anything about it because they are happy with the higher taxable amount. People with money aren't affected because they don't punch a clock, they're usually landlords collecting rent or business owners with huge profit margin because their products are from China. I'm not making excuses for the poor either. Most have dependents too soon from not practicing safe sex, listening to shit music, drug abuse, delinquency, family abuse, and so on. The rich just greedy or lost sense from reality. See the problems with both ends of the stick? Both are just as bad. One end is greedy and supporting their lavish bad habits. The other end asks for handouts, are usually irresponsible, and working dead ends. They'll never come to a compromise or common ground. When they debate, each side might as well talk to a damn wall, rock, or stone. The middle class law abiding citizens ends up absorbing most of the hits.
Meanwhile a 500,000,000 home =
6,250,000 annual property tax (1.25% of 500 million)
15,000,000 for selling agent (3%)
15,000,000 for buying agent (3%)
and then some...🤦♂️
Makes you wonder who are the lucky agents turning themselves to instant multimillionaires selling these kind of homes. All they need is a real estate agent license to be an agent in the contract.
So true