Much has changed in 18 years at this Los Altos property.
Late in the summer of 2004, Los Altos landlord Judy Fusco made her then-newly refurbished six-bedroom, 4.5-bathroom property in Los Altos available for rent., Fusco's first tenants were none other than Facebook founders Mark Zuckerberg, Dustin Moskovitz and Sean Parker.
At the time, Fusco's asking price was $5,500 a month. Eighteen years later? The home has been re-listed for twice that amount: $11,000 per month. Even adjusting for inflation, that's a huge increase. According to U.S. Bureau of Labor Statistics, $5,500 in September 2004 is the equivalent of $8,582 today.
The rental option is also an abrupt change from a few months ago, when the approximately 3,000-square-foot property was listed for sale at $5.3 million. That dropped to $4.998 million after a couple weeks on the market, and it remained for sale until July 15, when the listing was removed and replaced by the $11,000-per-month rental ask.
There's a bit of controversy about how much of Facebook's origin story can be traced back to this address. Moskovitz previously tweeted that there's"nothing historic about this house. We launched Facebook from the Harvard dorm." Heabout the aforementioned New York Post story, alleging that Fusco"made up" many of the anecdotes she relayed, including that the Winklevoss twins got in an argument with Zuckerberg on the property.
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