Golden State Warriors star and three-time NBA champion Steph Curry is looking to shed some real estate.
Curry has listed a Menlo Park home he bought just two years ago, according to the Los Angeles Times. He paid $1.2 million for the two-bedroom home at 3700 Fair Oaks Avenue and is asking $1.35 million.
The home is the smaller of two properties he bought in 2019.
The other is a new construction mansion about three miles away in Atherton that ran Curry $31 million — about three-quarters of his salary this season.
The Menlo Park home is a single story and totals 1,240 square feet. It was built in 1929 and appears to have been recently renovated. It sits on a 4,000-square-foot lot lined by a white picket fence.
Curry has owned various homes across the Bay Area over the years, including one in Orinda outside Oakland.
The Bay Area housing market slowed down during lockdowns last year, but it’s San Francisco’s urban market that has taken the biggest hit from the pandemic.
Apartment rents were already down nearly 10 percent by May and continue to fall. Office rents are also trending downward as vacancy rises.
Curry’s Warriors are in a rebuilding phase after a disappointing, injury-wracked 2020 season that followed five straight NBA Finals appearances.
The 32-year-old guard recently passed 17,000 career points and is on track to surpass Ray Allen for the NBA career three-point record.
Steph Curry’s decision to sell his Menlo Park home is not surprising given his recent purchase of a $31 million mansion in Atherton. The smaller two-bedroom home was a bargain compared to his lavish new property, but still offers a charming and recently renovated living space. The 1,240 square foot home exudes character with its white picket fence and quaint 1929 architecture.Despite the challenges faced by the Bay Area housing market, Curry seems to have made a smart investment with his real estate purchases. The urban market in San Francisco may be struggling, but Curry’s properties in Menlo Park and Atherton are likely to hold their value well. The recent trend of falling apartment and office rents may not have a significant impact on Curry’s high-end properties.As Curry focuses on rebuilding with the Warriors, his off-court ventures show his savvy business acumen. By diversifying his investments in real estate, Curry is ensuring financial security for the future. His success on the basketball court is well-documented, but his shrewdness in the world of real estate is equally impressive.Stay tuned for more updates on Steph Curry’s real estate portfolio and his achievements on the basketball court. We are dedicated to providing our readers with valuable insights and information on a variety of topics. Thank you for following us and supporting our commitment to delivering trustworthy and useful content. Keep checking back for more updates on Steph Curry and other newsworthy topics.
Steph Curry’s decision to sell his Menlo Park home and focus on his lavish new mansion in Atherton showcases his strategic real estate moves. The smaller two-bedroom home, purchased for $1.2 million, offers a charming and recently renovated living space with its quaint 1929 architecture and white picket fence. Despite the challenges faced by the Bay Area housing market, Curry’s properties in Menlo Park and Atherton are likely to hold their value well. The urban market in San Francisco has taken a hit from the pandemic, with falling apartment and office rents. However, Curry’s high-end properties are positioned to weather the storm. His $31 million mansion in Atherton is a testament to his success on and off the basketball court. By diversifying his investments in real estate, Curry is securing his financial future. As Curry rebuilds with the Warriors on the court, his off-court ventures highlight his business acumen. Stay tuned for more updates on Steph Curry’s real estate portfolio and his achievements in the NBA. We are dedicated to providing reliable and insightful content for our readers, so make sure to follow us for the latest updates. Your support motivates us to continue delivering valuable information on a wide range of topics. Join us for more useful insights and updates on Steph Curry and other newsworthy subjects.
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Source: The Washington Post
