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2500 Divisadero Street
SOLD

Sherman Tran Buys Single Family Home From Mike Depatie For $10M

2500 Divisadero Street

Single Family
8,671 SF
clock iconSold 90 days ago
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Summary

Sale
CALIFORNIA
Single Family
8,671 sqft

The single-family property located at 2500 Divisadero Street in San Francisco was sold for $10,000,000. Spanning 8,671 square feet, the home was acquired by Sherman Tran from Spine and Sports Surgery Center from the seller Mike Depatie of Shorenstein Realty. The transaction took place on April 12, 2024.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $10,000,000
  • Buyer: Sherman Tran - Spine and Sports Surgery Center
  • Seller: Mike Depatie - Shorenstein Realty
  • Broker: Neal Ward - Compass
  • Address: 2500 Divisadero Street
  • Market: San Francisco
  • SF: 8,671
  • PPSF: $1,153

Sherman Tran, a doctor and real estate investor, made the purchase of the property from Mike Depatie, the former Kimpton CEO and current senior advisor to Shorenstein Realty. Depatie and his wife Holly initially bought the home in 2013 for $8.8 million, undergoing extensive renovations before listing it for $16 million in 2022. The couple eventually decided to relocate to Napa full time during the pandemic, leading to the sale of their Pacific Heights residence.

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Neal Ward's profile picture
Neal Ward
Compass-image
Founding Member
$78.4M Sold

Details

Deal Summary
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SOLD
IMAGE: 04/12/2024 ADDRESS: 2500 Divisadero Street MARKET: San Francisco ASSET TYPE: Single Family BUYER: Sherman Tran - Spine and Sports Surgery Center SELLER: Mike Depatie - Shorenstein Realty BROKER: Neal Ward - Compass SALE PRICE: $10,000,000 SF: 8,671 ~ PPSF: $1,153 NOTE: Former Kimpton CEO and current senior advisor to Shorenstein Realty Service Mike Depatie sold his Pacific Heights home for just under $10 million, around 35 percent less than the original 2022 asking price, with the buyer identified as Sherman Tran, a doctor and real estate investor. Depatie and his wife Holly bought the 9,000-square-foot home in 2013 for $8.8 million, underwent extensive renovations, and listed it for $16 million in 2022 before ultimately relocating to Napa full time during the pandemic.

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Address2500 Divisadero Street

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