Bloomberg founder buys Sunset Square home for $3.4M

Los Angeles /
Jun.June 14, 2017 10:30 AM

Billionaire Charles Zegar, a founding partner of Bloomberg, just ponied up $3.4 million for a 3,400-square-foot home in Hollywood.

The computer scientist reported purchased the 1921-built Colonial Revival for his son, sources told The Los Angeles Times.
Located in the Sunset Square area of Hollywood, the home features a wraparound balcony, living room with fireplace, formal dining room, and chef’s kitchen. It contains five bedrooms and 4.25 bathrooms total. Outside, there is a patio, swimming pool, and detached garage.

Brian Ades of Sotheby’s International Realty had the listing. Jesse Lally and Michelle Saniei of Hilton & Hyland represented Zegar.

The home last traded hands in 2015 for $2.1 million, according to Zillow.

Zegar co-founded the software company Innovative Market Systems in 1981 with Michael Bloomberg, Thomas Secunda and Duncan MacMillan. It was since renamed Bloomberg. [LAT]Cathaleen Chen


Related Articles

arrow_forward_ios
A photo illustration of A.J. Khair principal Demetri Samaha along with renderings of 1919 North Wilcox Avenue (A.J. Khair, GA Engineering, Inc., Getty Images)
A.J. Khair to add 65 apartments to Hollywood inventory
A.J. Khair to add 65 apartments to Hollywood inventory
Mike Sullivan and rendering for 6000 W. Hollywood Blvd (The Sullivan Family, Getty Images)
Toyota of Hollywood could turn into a retail village
Toyota of Hollywood could turn into a retail village
Philip Lawrence and Thomas St John and the three parcels on the corner of Sunset Boulevard and Highland Avenue in LA (Google Maps, Getty, CMNTY Culture)
Hollywood studio project garners $35M loan to buy land
Hollywood studio project garners $35M loan to buy land
Bardas' David Simon with rendering of project at 717 Seward Street (Bardas Investment Group)
Hollywood office projects qualify for $76M loan
Hollywood office projects qualify for $76M loan
Mark Parrell; The Vantage Hollywood and Breakwater Apartments in Marina del Rey (Michigan Ross, Equity Residential, Getty)
LA tenants sue Equity Residential over background checks
LA tenants sue Equity Residential over background checks
Greystone's Hafize Gaye Erkan with 1657 N. Western Avenue (Greystone)
Bond financing kickstarts affordable senior housing complex in Hollywood
Bond financing kickstarts affordable senior housing complex in Hollywood
BARDAS Investment Group's David Simon and Echelon at 717 Seward project (BARDAS Investment Group, Getty)
Five-story project aims to fill demand for Hollywood offices
Five-story project aims to fill demand for Hollywood offices
Bolour Associates ceo Mark Bolour with the building at 6432 Santa Monica Blvd. in Hollywood (LinkedIn, Loopnet, Illustration by Priyanka Modi for The Real Deal with Getty)
Bolour picks up Hollywood office building at discount for $14M
Bolour picks up Hollywood office building at discount for $14M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...