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260 Sea Cliff Avenue

Matt Rogers Acquires Sea Cliff Single Family Home In San Francisco For $30 Million
SOLDSingle Family

Matt Rogers Acquires Sea Cliff Single Family Home In San Francisco For $30 Million

260 Sea Cliff Avenue

$30,000,000

$3,611/SF

Building Size

8,306 SF

Asset Type

Single Family

Closing

Jan 31, 2025

AI

The property asset involved in this transaction is located at 260 Sea Cliff Avenue in San Francisco. This single-family home spans 8,306 square feet and has been sold for $30 million, representing a price per square foot of $3,612. The property has been under the ownership of the Shorenstein family since 1988, marking it as a significant asset in the local real estate market.

Summary of transaction details:

This transaction was conducted off-market, with the buyer being linked to Matt Rogers, a co-founder of Nest. The property has achieved one of the highest sale prices in the city this year, emphasizing its notable position within the San Francisco real estate landscape.

Players

Matt Rogers

Buyer

$30M

vol

12 deals

Buyer

San Francisco Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93