So long Silicon Valley: Peter Thiel's Hollywood Hills West estate boasts celeb neighbors, proximity to Sunset Strip

"Billionaire tech investor Peter Thiel is reportedly hanging it up in Silicon Valley, permanently moving to Los Angeles to escape the Bay Area's left-leaning politics. He should be well-situated in his new city; records show the 50-year-old bought a 5,870-square-foot home in Hollywood Hills West for $11.5 million in 2012."

"Set above the Sunset Strip, the estate holds four bedrooms, five bathrooms and features a Hawaiian Islands vibe full of indoor-outdoor living spaces. The 1.25-acre grounds include a swimming pool and two driveways that exit to different streets, a rarity for the area."

"The trendy Hollywood Hills West neighborhood boasts a variety of homes, ranging from 1920s Spanish-style spots to modern mega-mansions. It's bordered by Studio City to the north and West Hollywood to the south, and has a history of attracting celebrities."

Billionaire tech investor Peter Thiel is permanently leaving Silicon Valley for Los Angeles due to the Bay Area's left-leaning political environment. Thiel owns a 5,870-square-foot home in Hollywood Hills West purchased for $11.5 million in 2012. The estate features four bedrooms, five bathrooms, Hawaiian-inspired design with indoor-outdoor living spaces, a swimming pool, and two driveways accessing different streets. Located above the Sunset Strip on 1.25 acres, the property sits in a prestigious neighborhood with celebrity residents including David Schwimmer and Bryan Singer. The home's value has appreciated significantly since its previous sale for $4.5 million in 2002. The Hollywood Hills West area remains highly desirable, with median single-family home prices reaching $2.485 million in December.

Read at Los Angeles Times