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

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.