Snapchat Billionaire Bobby Murphy Drops $14.5 Million on the Manhattan Beach Strand (

Although the deal actually closed last summer, it’s only now become clear that the mystery buyers who paid $14.5 million for a teardown house on Manhattan Beach’s coveted oceanfront Strand were Snapchat cofounder Bobby Murphy and his wife Kelsey Bateman. The off-market transfer was the city’s second-priciest deal inked in 2020, behind only a $17.8 million transaction that closed in November.

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