Lynsi Snyder’s Bradbury Mega-Estate Sells to ServiceTitan Founder

This one’s no longer on the menu! After years waffling on and off the market, several price chops, many tears and at least one failed escrow, In-N-Out Burger billionaire Lynsi Snyder has finally succeeded in unloading her L.A. compound, as was first revealed by Mansion Global. The titanic spread, located in the guard-gated Bradbury Estates enclave in Bradbury, Calif., went for about $16.3 million in an all-cash deal.

While that figure is a huge sum of money — and among the highest prices ever paid for a home in L.A.’s San Gabriel Valley — the $16.3 million is also more than $1.1 million less than Snyder herself paid for the place nearly 10 years ago. Back in August 2012, she forked out just over $17.4 million for the Tuscan-style behemoth, which was built in 2010 by likely future baseball hall-of-famer Adrian Beltre. (Despite having sold this mansion to Snyder, Beltre still lives in Bradbury — he’s custom-built another huge estate just a few doors away.)

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Naturally, the spendy buyer’s identity is shielded behind a mysterious LLC. But word on the hallowed streets of Bradbury is that the new owner is a cofounder of tech giant ServiceTitan. Founded by Armenian immigrants Vahe Kuzoyan and Ara Mahdessian in 2012, ServiceTitan has risen from obscurity to become one of California’s hottest tech startups; the company provides software designed to support blue-collar workers like plumbers, electricians and HVAC specialists. ServiceTitan is headquartered in the city of Glendale, only about 15 miles west of Bradbury Estates.

ServiceTitan remains a private company — for now — but has 1,600 employees and is reportedly valued at nearly $10 billion after raising a staggering $1.1 billion from investors. A much-rumored IPO in 2022 would potentially make both of its founders billionaires in their own right. As for Snyder, the only grandchild of In-N-Out’s founders, she’s already a certified member of the billionaires club — and one of the world’s richest women, to boot. Forbes says the Glendora, Calif. native is worth a hefty $4.2 billion.

We’ll have to wait a bit to see whether it was Kuzoyan or Mahdessian who bought the Bradbury estate, but both men have well-documented affinities for luxury real estate. Per records, Kuzoyan owns a multimillion-dollar mansion in Glendale, plus a sizable estate just off Malibu’s Pacific Coast Highway. Mahdessian also owns a sumptuous Glendale compound and a $4.6 million mansion in L.A.’s coveted Toluca Lake neighborhood.

No word yet about where Snyder is moving, but she’s reportedly been spending a significant amount of time in California’s Orange County. And a move to the OC would certainly make logistical sense, given that In-N-Out’s corporate headquarters are in Irvine; the area is also home to Snyder’s ex-husband Richard Martinez, with whom she shares custody of her two eldest children. Martinez, a former In-N-Out janitor, now lives in a lavish Newport Beach mansion owned by his new wife — insurance tycoon Adriana Gallardo.

In the meantime, Snyder still has several other homes: an oceanside getaway in Hermosa Beach, Calif., and a fortified ranch up north in the remote community of Shingletown, in California’s rugged Shasta County. She also still owns a charming Glendora cottage that was the final residence of her late grandmother, In-N-Out cofounder Esther Snyder. (Sometimes called the “mother of the American drive-through,” it was Esther Snyder who popularized the relatively unknown concept of a drive-through restaurant in the late 1940s and early ’50s.)

Joe Chiovare and Ronald Chang of Coldwell Banker held the Bradbury listing; Stacey Boucher of Keller Williams Los Feliz repped the buyer.

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