Articles Recently Tagged: Mark Pincus

(15 posts)
$3.7M For Three Parking Spaces (And A One-Bedroom) In Pac Heights

$3.7M For Three Parking Spaces (And A One-Bedroom) In Pac Heights

The one-bedroom carriage house at 2974 Pacific Avenue in Pacific Heights has closed escrow with a reported contract price of $3.7 million.  And no, it’s not likely to be torn down. As we wrote last week: Built to serve as the carriage house for the Newhall Mansion which is now hidden... Read More »

Pac Heights Carriage House In Contract At $4K Per Square Foot

Pac Heights Carriage House In Contract At $4K Per Square Foot

Built to serve as the carriage house for the Newhall Mansion which is now hidden behind the house and owned by the co-founders of Zynga (Mark Pincus) and One Kings Lane (Alison Pincus), 2974 Pacific Avenue was designed by Julia Morgan and constructed in 1917 with a one-bedroom apartment... Read More »

Zynga Founder Delists Mansion, Plans To Gut And Expand

Zynga Founder Delists Mansion, Plans To Gut And Expand

The listing for the nearly 12,000-square-foot Pacific Heights pad at 2950 Pacific Avenue, which Mark and Alison Pincus, the respective co-founders of Zynga and One Kings Lane, purchased for $16 million in 2012 and re-listed for $18 million six months ago, has been withdrawn from the MLS and scrubbed from... Read More »

Plans To Gut Zynga Founder’s Stunning $18M Home

Plans To Gut Zynga Founder’s Stunning $18M Home

As we wrote when we first reported the listing of Mark Pincus’ Pacific Heights pad for $18 million last week, while the Albert Farr-designed Gold Coast home currently remains in its original condition and is rather well-kept, with period woodwork and detailing throughout, plans to renovate the entire home... Read More »

Pincus Selling Pac Heights Pad For $18M

Pincus Selling Pac Heights Pad For $18M

Having paid $16 million for the nearly 12,000-square-foot Pacific Heights pad at 2950 Pacific Avenue in 2012, Mark and Alison Pincus, the respective co-founders of Zynga and One Kings Lane, have just put their distinctive Dutch Colonial mansion on the market for two million more. Designed by Albert Farr... Read More »

Pincus Plans To Go Underground In Pacific Heights

Pincus Plans To Go Underground In Pacific Heights

What do you do when your Pacific Heights house is listed as a historic resource but you really want to expand and remodel? If you’re Mark Pincus, apparently you plan to go underground, quite literally (and perhaps a bit figuratively as well). Having purchased the seven bedroom Pacific Heights... Read More »

Zynga’s Business Is Now worth Less Than Its Building

Zynga’s Business Is Now worth Less Than Its Building

Having cut projections once again, Zynga is currently trading at $2.32 a share for a market cap of $1.76 billion. With around a billion and a half dollars of cash on its books, however, Zynga’s enterprise value is currently $223 million, five million less than the $228 million it... Read More »

With A Local Whale Landed, Another Mansion Is Reduced

With A Local Whale Landed, Another Mansion Is Reduced

As we wrote about 2901 Broadway this past January: With 1,727 days on the market, the list price for 2901 Broadway has just been reduced another $7,000,000, now asking $38,000,000 and now the second most expensive listing in San Francisco, just behind 2845 Broadway which was reduced to $38,500,000... Read More »

Will Zynga Be A One House Wonder?

As we wrote three weeks ago when we broke the news of Pincus’ Pacific Heights purchase: While Zynga is currently trading at $5.57 per share, 44 percent under its IPO price of $10 per share, a few insiders including CEO Mark Pincus managed to dump over $500 million worth... Read More »

While Zynga Trades Down, Pincus Trades Up

While Zynga Trades Down, Pincus Trades Up

Having sold his Cole Valley home earlier this year, and a Presidio Heights property into which he never moved (but Zynga spent $1,169,896 to purchase, install and maintain a home security system), according to a plugged-in tipster, Mark Pincus is in contract to purchase the 8,850 square foot Albert... Read More »