SOLD
Travis VanderZanden Sells Bel-Air Estate With $10.8M Price Tag
11507 Orum Road
Single Family
10,000 SF
10,000 SF
Sold 65 days ago
Summary
Sale
CALIFORNIA
Single Family
10,000 sqft
The single-family property located at 11507 Orum Road in Los Angeles, spanning 1.3 acres, was recently sold by Travis VanderZanden, the founder of Bird, for $10.8 million. The property boasts a total square footage of 10,000 and was sold at a price per square foot of $1,080.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $10,800,000
- Address: 11507 Orum Road
- Market: Los Angeles
- Size: 1.3 acres
- Seller: Travis VanderZanden - Bird
The sale of the Bel-Air estate reflects a significant loss for Travis VanderZanden, as it was sold for $10.8 million, indicating a $10.9 million decrease from its previous value. This sale comes in the wake of VanderZanden's decision to sell his Coral Gables mansion for $26 million, below its initial asking price, amidst the challenges faced by Bird during the pandemic.
Details
SOLD
IMAGE: Travis VanderZanden
DATE: 03/06/2024
ADDRESS: 11507 Orum Road
MARKET: Los Angeles
ASSET TYPE: Single Family ~ ACRES: 1.3
SELLER: Travis VanderZanden (@TravisZanden) - Bird (@Bird)
SALE PRICE: $10,800,000
SF: 10,000 ~ PPSF: $1,080
NOTE: Travis VanderZanden, founder of Bird, sold his Bel-Air estate at 11507 Orum Road for $10.8 million, facing a $10.9 million loss, with the buyer undisclosed. The sale reflects VanderZanden's decline, as he also sold his Coral Gables mansion for $26 million, far below its initial asking price, amid Bird's struggles during the pandemic.View on map
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Address11507 Orum Road
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