Mark Zuckerberg offered his decade-long San Francisco house for a princely sum.
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Mark Zuckerberg has a strong actual property portfolio throughout the West Coast, however might he be saying goodbye to San Francisco?
The Fb co-founder and his spouse, the philanthropist and former pediatrician Priscilla Chan, quietly offered their Golden Metropolis pad in an off-market deal value $31 million, The Put up has confirmed.
This marks the biggest residential deal in San Francisco this 12 months, beating a pair of penthouses that after belonged to the late Secretary of State George Shultz for a mixed $29 million, the Actual Deal first reported.
Zuckerberg, 38, bought the house in 2012 for $10 million, data present.
Situated within the Dolores Heights neighborhood, the house has 4 bedrooms and 4 bogs, spanning over 7,300 sq. ft.
The brand new deed filed on the house was signed by the vice chairman of operations for the Chan Zuckerberg Initiative, in keeping with TRD.
Situated at 3450 twenty first St., Zuckerberg bought the house by SFRP LLC.
Whereas there is no such thing as a clear motive for Zuckerberg’s transfer to promote the house, again in 2016, SFist first reported that disgruntled neighbors had been up in arms over the parking areas that his safety element completely occupied.
This, mixed with two years of development, once they first moved into the brick and stucco house, didn't bode properly for close by residents. The work reportedly price a further $1.8 million.
“Hello Neighbors,” a January 2016 letter from an nameless neighbor mentioned. “I’m certain you all agree that it may be cumbersome dwelling subsequent to Zuck. I feel we’ve all tried to be as affected person and civil as potential through the very lengthy development, the noise, the trash, the blocking of streets, and so forth. Now that every one that circus is finished, we're left with 2 silver SUVs completely occupying fascinating parking spots.”
The Put up has reached out for remark.
In the meantime, Zuckerberg nonetheless has a four-bedroom, five-bathroom property in Palo Alto.
The Meta CEO additionally owns 1,400 acres on the isle of Kauai, Hawaii after increasing his acreage there final 12 months. In 2019, he bought two adjoining Lake Tahoe properties.
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