"Dating to 1921, the Colonial Revival-style house has French doors and picture windows set off by tall blue shutters. A balcony wrapped in decorative ironwork extends along the wide front of the home. The roughly 3,400 square feet of living space was recently remodeled and features walnut floors, crown molding and wainscoting and recessed lighting."
"Zegar, whose net worth is estimated at $1.96 billion, purchased the property for his son, according to sources not authorized to comment on the sale. Zegar, who is in his late 60s, co-founded the software, data and media company Innovative Market Systems, since renamed Bloomberg, in 1981 with Michael Bloomberg, Thomas Secunda and Duncan MacMillan."
"Common rooms include a living room with a fireplace, a formal dining room and a chef's kitchen with two sinks. There are five bedrooms and 4.25 bathrooms in all. Bi-folding glass doors lead from the family room to a patio and swimming pool with a waterfall feature."
Charles Zegar, a billionaire computer scientist and founding partner of Bloomberg with an estimated net worth of $1.96 billion, acquired a 1921 Colonial Revival-style residence in Hollywood's historic Sunset Square neighborhood for $3.425 million. The approximately 3,400 square-foot home features five bedrooms, 4.25 bathrooms, and recently underwent remodeling. Interior amenities include walnut floors, crown molding, wainscoting, recessed lighting, a fireplace, formal dining room, and chef's kitchen. Exterior features encompass French doors, tall blue shutters, decorative ironwork balcony, patio, swimming pool with waterfall, and detached garage. Zegar co-founded Bloomberg in 1981 with Michael Bloomberg, Thomas Secunda, and Duncan MacMillan, serving as the company's original software writer.
Read at Los Angeles Times
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