Sabri Boukadoum For Government Of Algeria Purchases 2800 Pacific Avenue Mansion For $10M

The property asset involved in this transaction is a single-family residence located at 2800 Pacific Avenue in San Francisco. The property, known as the "Coxhead Mansion," spans 8,200 square feet and was sold for a price of $10,000,000, translating to a price per square foot of $1,220. The property's initial listing price was $15 million before the eventual sale.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $10,000,000
• Address: 2800 Pacific Avenue
• Market: San Francisco
• Square Footage: 8,200
• Price Per Square Foot: $1,220
• Buyer: Sabri Boukadoum - The government of Algeria
• Seller: Ken McNeely & Inder Dhillon
• Broker: Daria Saraf - Sotheby’s International Realty

The deal is noteworthy as it represents the government of Algeria's acquisition of a property that may function as its permanent consulate, potentially offering it sovereign immunity. The negotiation was facilitated by Daria Saraf, the broker from Sotheby’s International Realty, who represented the property during the sale.