Much ink was spilled late last year about how 24-year-old Stanford dropout-turned-tech wunderkind Evan Spiegel still lived at home in his father’s multimillion dollar house in uber-affluent Pacific Palisades. The co-founder and CEO of the photo messaging app Snapchat, who confidently turned down Facebook’s $3 billion cash offer and Google’s subsequent $4 billion bid to buy the groundbreaking startup, told one media outlet he hadn’t moved out because the “rent is cheap,” and in another interview joked that he planned to continue to shack up with his father “until he kicks me out.”
We can’t imagine the elder Spiegel actually kicked his son’s independently wealthy booty to the curb, but real estate yenta Yolanda Yakketyyak and our impeccably connected informant Lucy Spillerguts both snitched to Your Mama that shortly after those interviews, young Mister Spiegel, in a hush-hush off-market deal, snapped up his first home not even four miles from dad.
The property in question, a modestly scaled if hardly inexpensive home set on a quiet lane in L.A.’s low-key but high-toned Brentwood area, was last listed for sale on the open market in July 2013 for $3.4 million, and was later put up as a fully or partly furnished rental at $16,000 per month. Property records show the residence was purchased via blind trust for $3.3 million, and listing details that this property gossip managed to tease out of the Internet show the 1920s Spanish style abode was recently given a modern-minded makeover, and has three bedrooms and 2.5 bathrooms in 2,842 square feet.