A glut of luxury listings in Los Angeles — particularly spec homes and particularly in the Bird Streets — has lingered on the market, forcing numerous sellers to deeply discount their original and often “aspirational” asking prices.
But Farzin Aghaipour, a tech executive and developer of a spec home on Bird Streets, believes.
Aghaipour — through an LLC — listed his newly-built 17,000-square-foot estate at 9268 Robin Drive for $42.5 million, according to Redfin. The vice president of cobrowsing company Samesurf — bought the property for $5.6 million in 2013, records show. He demolished the existing home then built a two-story contemporary structure designed by Swiss and L.A.-based XTEN Architecture. It was completed this year.
Branden Williams of Hilton and Hyland and Kurt Rappaport of Westside Estate Agency have the listing. The home has six bedrooms, eight bathrooms and includes “stones that were curated across the globe,” according to the listing. It includes a chef’s kitchen, home gym, infinity pool, private spa, screening room and wine cellar.
Just last month, tech guru Lynda Weinman, sold her 12,530-square-foot Bird Street mansion at a deep discount.
The sale price of $16.5 million, was far below what the $27 million she paid for it two years ago.