Sean Rad Of Tinder Sells Los Angeles Mansion For $24 Million With Kurt Rappaport As Seller's Rep

The property asset involved in this transaction is a single-family home located at 1375 North Doheny Drive in Los Angeles. The sale price was $24,000,000. The property spans 10,300 square feet and sits on a 0.4-acre lot, reflecting a price per square foot of $2,330.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $24,000,000
• Address: 1375 North Doheny Drive
• Market: Los Angeles
• Acres: 0.4
• Square Footage: 10,300
• Price per Square Foot: $2,330
• Seller: Sean Rad - Tinder
• Seller's Representative: Kurt Rappaport - Westside Estate Agency
• Buyer's Representatives: Cooper Mount - Carolwood Estates; Jonas Heller - Westside Estate Agency

Sean Rad, co-founder of Tinder, sold the mansion, significantly reducing the initial asking price from $32 million. Despite this reduction, Rad did not incur a loss, having acquired the property for the same amount in 2018.