Yahoo Finance Tinder Co-Founder and CEO Sean Rad Swipes Left on L.A. Penthouse, Swipes Right on Sunset Strip Pad
SELLER: Sean Rad
LOCATION: Los Angeles, CA
PRICE: $8,995,000
SIZE: 5,283 square feet, 3 bedrooms, 4.5 bathrooms
YOUR MAMA’S NOTES: A couple of months after Tinder co-founder Sean Rad was reinstated in August 2015 as CEO of the popular, culture altering dating/hook-up app — he’d been ousted the year before for his mishandling of a sexual harassment charge filed against the company by fellow co-founder Whitney Wolfe — property records show he shelled out $7.5 million for an airy penthouse atop a swanky high-rise along L.A.’s Wilshire Corridor that less than a year and a cosmetic renovation later he’s flipped back on the market with a substantially higher asking price of $8,995,000 million.
The not quite 5,300-square-foot urban aerie, with head-roomy 13-foot ceilings throughout, has two amply proportioned guest bedrooms with private bathrooms and walk-in closets as well as an over-sized master suite with dual bathrooms, according to digital marketing materials. There’s a fireplace and dark chocolate hardwoods in the spacious, sun-splashed corner living room, a separate formal dining room, a study/office, and a sleekly turned out eat-in kitchen custom fitted with imported teak cabinetry. Spectacular if, surely for some, vertiginous floor-to-ceiling expanses of multi-paned windows open most rooms to balconies and terraces with panoramic views that on a clear day extend from the Santa Monica mountains to Santa Catalina Island. Residents of the super-luxe condo complex are provided with round-the-clock concierge services, valet parking, a fully outfitted fitness center, a heated outdoor swimming pool and a temperature controlled wine cellar with private storage lockers.
The Beverly Hills bred serial entrepreneur previously owned a 2,300-square-foot condo with two bedrooms and three bathrooms at the Marbella, another tony tower along Wilshire Boulevard, that he picked up in July 2012 for $1.3 million, put up for sale in February (2016) at $1.75 million and sold a few months later for exactly $1.7 million.
Mister Rad will trade high-toned condo life for a stately and stylishly appointed, family sized house just above the Sunset Strip that he’s purchased according to an unimpeachable source for $7.65 million. Property records show the seller was outgoing 20th Century Fox Film executive Paul Hanneman, worldwide president of marketing and distribution, and listing details show the 5,085-square-foot “vine covered European estate” features 14-foot-high double driveway gates and a gravel motor court, formal living and dining rooms with leaded glass windows, a men’s clubby lacquer paneled bar, a family room with built-in bookcases and French doors to the yard, and a slate tile floored kitchen with a mix of walnut and slab marble counter tops. There’s a staff/guest bedroom on the main floor and two more guest/family bedrooms with large walk-in closets upstairs along with a master suite with an adjoining nursery or sitting room, a huge dressing room lined with antique mirrored wardrobes and a marble bathroom with radiant heated floors. The backyard is ringed by towering hedges and include a spacious terrace with gas fire pit, a newly renovated swimming pool and spa, and a pool house with full bath. Around the side of the house, there’s a built-in grilling station and a “secret garden” with citrus trees and several raised bed planters for herbs, vegetables and flowers.
Listing photo (Wilshire Boulevard penthouse): The Agency
Listing photos (Sunset Strip house): Keller Williams / Rare Properties
Related stories
Tinder Co-Founder Sean Rad Seeks Right Swiping Buyer for Los Angeles Condo (EXCLUSIVE)
Get more from Variety and Variety411: Follow us on Twitter, Facebook, Newsletter
