The couple bought the house in 2012 for $17.1 million. They put down just under $3 million, according to public records. In 2017, the Zuckers paid off the remaining balance on the mortgage and took out a loan against the property for another $14.5 million.
Priscilla Chan, 37, and Mark Zuckerberg, 41, are expecting twins later this month. Their daughter Maxima arrived in August 2018.
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Idea Generation: Beth Birket
In 1998, I moved to New York City to pursue my dream of becoming a fashion designer. I had just graduated college and was ready to take the next step in my career. My boyfriend at the time, who worked at a record label, introduced me to some friends who were working at a clothing store called Supreme. They told me about how much money they could make selling clothes out of their garage, and it sounded like a great opportunity. So I went down there one day and met up with the owner, James Jebbia, and his partner Eric Denton. They asked me what I wanted to do, and I told them I didn’t know, but I really liked making things. They gave me a job designing t-shirts and sweatshirts, and I loved it. A few months later, I got pregnant with our son, and we moved to Los Angeles.
I stayed in the industry for almost 20 years, starting off as a freelance illustrator and eventually moving into graphic design. In 2009, I left the industry altogether to raise my son. After he turned 3, I started thinking about getting back into the world of fashion again. I knew I needed a creative outlet, but I wasn’t sure where to go. Then, I remembered the people I’d met in New York. I thought about how many times I’d been to their stores over the years, and how much I enjoyed being around the people behind the brand. I realized that I missed that part of the industry most of all.
So I started talking to Eric and James again, and we came up with the idea for Union LA. We’re still very much a small team, but we’ve grown quickly since launching in 2012. Our mission is simple: To provide quality products to consumers while creating opportunities for independent designers.
The deal marks the most expensive sale in San Francisco so far this year, according to Zilllow.
Google paid $1 billion for the real estate site Trulia earlier this month. But now it appears that the tech giant could be looking to unload another property. A report from Re/code claims that Google is shopping around for a second office building in San Francisco. This one would be larger than the current headquarters at 2 Embarcadero Center.
According to the report, the company is eyeing a space near AT&T Park where it could expand its workforce. If the deal goes through, it would mark the most expensive sale in the city so far this year.
Built in 1928, the 7,386-square-foot home has four bedrooms and four bathrooms
The San Francisco Chronicle reports that a $2 million mansion built in 1928 in the Mission District and Dolore Heights neighborhood of the city sold for $1.5 million. Built in 1928, the 7386 square foot home has four bedrooms and 4 bathrooms. It features a formal living room, dining room, kitchen, family room, office, library, exercise room, wine cellar, guest house, and garage.