As we first reported earlier this month, the sale of 2840 Broadway quietly closed escrow in August, selling to a couple from the ‘hood and not to Larry Ellison as was misreported and then widely republished.
While the deed for 2840 Broadway was recorded with a “confidential” sale price and its transfer tax was hidden, tax records have caught up with the sale and suggest the property was purchased for $33,000,000.
While the sale price wasn’t unsubstantial for the 17,000 square foot Pacific Heights property, it was $7,000,000 below the supposed $40,000,000 that Ellison never paid.
∙ 2840 Broadway Quietly Sells On Billionaire’s Row (And Not To Ellison) [SocketSite]
∙ Another Big Billionaire’s Row Home Coming Soon: 2840 Broadway [SocketSite]
∙ Ellison Report Kicked To The Curb [SocketSite]