Silicon Valley buyers invest in L.A. real estate
Justin Yoshimura purchased a Santa Monica home recently. He works in the tech industry in the Bay Area and commutes back to Los Angeles on weekends. (Anne Cusack / Los Angeles Times)
But L.A.’s appeal among techies is spreading beyond the mega-rich, with tech-industry buyers from Silicon Valley spending more and more time in the Southland -- and snapping up real estate here.
Justin Yoshimura purchased a Santa Monica home recently. He works in the tech industry in the Bay Area and commutes back to Los Angeles on weekends. (Anne Cusack / Los Angeles Times)
Sean Parker, of Napster and Facebook fame, dropped $55 million last year to buy Ellen DeGeneres’ Holmby Hills mansion. (Paul Sakuma / AP)
Swedish programmer and creator of Minecraft Markus Persson with his Special Award at the GAME British Academy Video Games Awards. Persson bought a home in Beverly Hills for over $70 million. (Yui Mok / Associated Press)
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Napster co-founder Sean Parker purchased the Brody House on L.A.’s Westside from flipper extraordinaire Ellen DeGeneres. (Kirk McKoy / Los Angeles Times)
Napster co-founder Sean Parker purchased the Brody House on L.A.’s Westside from flipper extraordinaire Ellen DeGeneres. (Kirk McKoy / Los Angeles Times)
Napster co-founder Sean Parker purchased the Brody House on L.A.’s Westside from flipper extraordinaire Ellen DeGeneres. (Kirk McKoy / Los Angeles Times)
Oracle Chairman Larry Ellison also owns a large stake in NetSuite. (Toru Yamanaka / AFP/Getty Images)
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Oracle CEO Larry Ellison has spent an estimated $200 million to $250 million on at least nine homes including this one on coveted Carbon Beach in Malibu. (Genaro Molina / Los Angeles Times)