Palo Alto’s most famous renter has pulled up stakes, so he can live even closer to work.
According to Zillow Blog, Mark Zuckerberg’s old rental came back on the market, for a whopping $7,850 a month. Here’s the description from Craigslist, although supposedly the place has found a new tenant:
Prestigious location! Charm and functionality! Gorgeous 2 year old 4+BR/3BA Single Family House. Chef’s kitchen with gas stove. Only 2 years new. Approximately 2350sf. Huge family room with the view of Kitchen. Washer/dryer on the second floor, wood burning fireplace and beautiful wood trim are some of the amenities of this house. Walk to Stanford University, restaurants on El Camino Real and extremely close to Stanford shopping center. 2 car parking garage. Please call for an appointment. Lease term 12 months or longer. Only $7850/month.
His former rental house is 2073 Princeton Street, which Zillow estimates is worth $1,362,000. We don’t know what Mark was paying in rent, but let’s use the new asking price and calculate the price rent ratio: 14.46. Whoa! If that Zestimate is correct, it says Mark should have bought the old place!
But that’s okay, thanks to Burbed reader SEA we can do the same for the new place! Mark is now living at 2300 Amherst, even closer to Facebook headquarters! The new rental is 5 bedroom, 4 bath, and 3801 square feet, and Zillow’s estimating this one at $2,142,000. Alas, the monthly rent amount was not reported.
Mark Zuckerberg I’m paying $10,900. Friend me!