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ean Kia, co-founder of troubled multifamily syndicator Tides Equities, is seeking $25.5 million for a Brentwood estate he purchased just 20 months ago for $14.5 million. The 10,000-square-foot property at 414 South Cliffwood Avenue has been listed by brokers Blair Chang and Mauricio Umansky of The Agency.

    The seven-bedroom, 11-bathroom estate includes a 6,900-square-foot main house and a 2,800-square-foot guest house, both meticulously remodeled this year. The property features a chef's kitchen, formal dining room, piano room, and children's library in the main house, as well as a master suite with dual vanity bathroom and private study.

    The guest house boasts a movie theater, billiard room, and gym, while outside amenities include a pool, cabana, sauna, and sports court surrounded by landscaped gardens. Kia bought the property near the Brentwood Country Mart in February 2023, and is now seeking a 76% mark-up on its original price.

    Tides Equities has faced financial difficulties, including sweeping capital calls, loan modifications, and foreclosures, with over $1 billion in floating-rate debt at risk of default. Kia and co-founder Ryan Andrade have since adopted a turnaround strategy focused on transparency, which they hope will help the company recover from its struggles.