As Nile Niami continues working on The One — his 100,00-square-foot mansion he’s hoping to sell for $500 million — he just wrapped up a smaller deal in the Hollywood Hills. The spec developer and movie producer has sold a modern spot perched above the Sunset Strip for $9.58 million, less than half of the massive $19.9 million he was aiming for in 2017.
It’ll chalk up as a loss when factoring in the renovations he made, but in terms of pure numbers, the sale is $80,000 more than the $9.5 million he paid in 2015 when he bought it from talent manager Scooter Braun.
Spanning three stories, the hillside home is a classic Niami offering, boasting sleek modern style, high-end amenities and flashy finishes across roughly 6,000 square feet. The main level boasts dramatic common spaces such as a marble kitchen and a double-height living room with a fireplace and mirrored backsplash.
The fireplace. (Sean Gordon)
The entry. (Sean Gordon)
The living room. (Sean Gordon)
The wine cellar. (Sean Gordon)
The dining area. (Sean Gordon)
The kitchen. (Sean Gordon)
The bedroom. (Sean Gordon)
The bar. (Sean Gordon)
The movie theater. (Sean Gordon)
The billiards room. (Sean Gordon)
The back patio. (Sean Gordon)
The pool. (Sean Gordon)
The three-story home. (Sean Gordon)
The entire top level is dedicated to the owner’s suite, a scenic indoor-outdoor space lined with walls of glass. One of three bedrooms and six bathrooms, it comes with a custom closet and spa bathroom. Amenities fill out the lower level, including a movie theater, billiards room, wine cellar and wet bar.
Three levels of decks and patios hang off the back of the home, leading to a tropical backyard with a swimming pool and spa at the edge of the property. A lounge area and outdoor gym complete the quarter-acre grounds.
Camellia Yeroomian of the Agency held the listing. Jacob Greene of Douglas Elliman represented the buyer.