Real estate can be very profitable, sometimes in ways that are surprising. This (relatively) small house in Silver Lake, which is just over 2,000 square feet and sits high on a hillside street on a smallish lot without a pool, is a good example. Three years ago, the same house sold for $1.8 million. Recently, it sold off-market for about $4 million.
The lucky seller was Bess Kalb, who wrote for Jimmy Kimmel Live! and was nominated for an Emmy Award. She also wrote “Nobody Will Tell You This But Me,” which was a New York Times bestseller. During the time she owned the well-kept but old building from the 1930s, Kalb reportedly updated the kitchen and other living areas and added an extra bedroom and bathroom. Still, it seems unlikely that she made anything less than a big profit from the property.
Zeshan Ali, a programmer who is 32 years old and has a degree in computer science from the University of Maryland, just moved to St. Louis, Missouri. Ali was almost unknown until earlier this year, when it came out that he was the real-life person behind the secretive Internet persona “No Sass” or “Sass.” He was one of four co-founders of the Bored Ape Yacht Club (BAYC), a group of simian avatars, who were also previously unknown.
BAYC and its parent company, Yuga Labs, might be the most exciting group of NFTs (nonfungible tokens). Andreessen Horowitz gave the project $450 million earlier this year. Yuga Labs is now worth more than $4 billion, so it’s safe to assume that all four co-founders are very rich.
Ali grew up in California and just got married to a freelance journalist from St. Louis. The couple says they are moving to Los Angeles to be closer to Ali’s family. From their $4 million hilltop home, Ali and his new wife will be able to see the San Gabriel Mountains and, sometimes, Mount Baldy with snow on it.
The pictures below show the house before Kalb renovated it. Since then, the interiors, which were a little old, have been updated. But from the road and the air, the cute but unremarkable house looks mostly the same.
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