The cofounder of Tinder sold his Hollywood Hills mansion at a $2 million price cut in November — here's a look inside, Business Insider - Business Insider Singapore
by Libertina Brandt, Business Insider US- Tinder cofounder Sean Rad sold his LA home for $9.155 million in late November, the Los Angeles Times reported.
- Rad bought the gated Hollywood Hills estate back in 2016 for $7.65 million.
- According to the LA Times, he listed the home for $10.9 million last year but later took it off the market. In September 2019, he relisted it for $9.75 million.
- Rad is the son of Iranian immigrants who came to the US in the 1970s. He grew up in the Persian community of Beverly Hills.
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Tinder cofounder Sean Rad recently sold his Hollywood Hills mansion for $9.155 million.
Rad bought the gated Hollywood Hills home back in 2016 for $7.65 million. According to the Los Angeles Times, he listed the home for $10.9 million last year but took it off the market before relisting it in September.
Rad is the cofounder of popular mobile app Tinder. He launched the app with Justin Mateen in 2012 and served as the CEO until 2016. In March, Medium reported that the app was valued at around $10 billion.
The Hollywood Hills property boasts 5,589 square feet of living space and includes a main house, a guest house, a pool, and an outdoor patio.
The Oppenheim Group, the California-based real-estate brokerage featured on Netflix’s original series “Selling Sunset,” represented the listing.
Keep reading for a look inside.
Sean Rad is the cofounder of Tinder. He launched the app with Justin Mateen in 2012 and served as the CEO until 2016.
Source: Business Insider
In late November, it was reported that Rad sold his Hollywood Hills mansion for $9.155 million — nearly $2 million less than what he listed it for last year, the Los Angeles Times reported.
Source: Los Angeles Times
Hollywood Hills is a swanky hillside neighborhood in Los Angeles, California, known for its stunning views, ultra-wealthy residents, and high price tags. According to Zillow, as of August 2019, the city’s median home value was $1,776,300.
Source: Zillow
The front of the main house is covered in ivy.
Source: The Oppenheim Group
It opens up to wooden floors and an entryway staircase.
The main living area boasts an array of seating options, a fireplace, and a piano.
Source: The Oppenheim Group, The Los Angeles Times
Also on the main level is a family room, a maid’s quarters, a kitchen, and a formal dining room.
Source: The Oppenheim Group
The kitchen has a contemporary appearance and features a large island with four bar stools.
Source: The Oppenheim Group
The house has five bedrooms and 5.5 bathrooms. Here’s a closer look at the master bedroom …
Source: The Oppenheim Group, LA Times
… and the expansive master bathroom.
Source: The Los Angeles Times
Another living area in the main house features doors that open to the backyard.
Source: The Los Angeles Times
The property’s studio-like guest house comes with a bedroom area and a small kitchen.
Source: The Los Angeles Times
Outside, there is a patio with a seating area …
Source: The Oppenheim Group
… and a large swimming pool.
Though Rad sold his ivy-covered home, he stayed in the neighborhood. In August of 2018, the Los Angeles Times reported that he bought another Hollywood Hills home for a staggering $24 million.
Rad’s home wasn’t the only Hollywood Hills home seeking a buyer this year. In September, Business Insider reported that former professional baseball player Alex Rodriguez sold his Hollywood Hills mansion for $4.4 million — roughly $400,000 less than what he reportedly purchased it for.
Also in September, Business Insider reported that Twitter co-founder Jack Dorsey listed his Hollywood Hills home for $4.5 million barely a year after he bought it.