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Superintendent Alberto Carvalho of the Los Angeles Unified School District (LAUSD) is reported to have an extensive real estate portfolio, with properties valued over $6.3 million spread across California and Florida, as revealed by The California Post.
This disclosure emerges amidst ongoing federal investigations into Carvalho, which have led to searches of his office, his residence in Los Angeles, and a property in Miami connected to him. According to a source, these actions are part of an inquiry into allegations of fraud and corruption.
Carvalho, alongside his wife Maria, owns a total of seven properties, including six homes located in Broward County, Florida, and one in Los Angeles. Prior to his appointment at LAUSD in 2022, Carvalho served as the Superintendent of Miami-Dade County Public Schools for over ten years.
Their primary residence in San Pedro, a three-bedroom, three-bathroom home, is valued at approximately $1.6 million, based on Zillow’s estimates. This multi-level single-family home spans around 2,000 square feet.
The most valuable asset in Carvalho’s property portfolio is a five-bedroom, four-bathroom home in Miami Shores, priced at $2.4 million according to Zillow, with a living area of 3,576 square feet. Additionally, he holds ownership of two Miami condominiums, collectively worth about $1.4 million, as per Zillow’s data.
In his role as LAUSD Superintendent, Carvalho earns an annual salary of $440,000 and entered into a new four-year contract last year.
Three more homes in Fort Lauderdale come in at around $1.3 million combined.
Carvalho’s extensive real estate portfolio is revealed as he comes under fire from the federal government.
Federal officer searches were carried out at Carvalho’s San Pedro house, his office at LAUSD headquarters in downtown LA and at another location in Miami tied to the investigation. An affidavit filed concerning the search was under seal, officials said.
The investigation is reportedly tied to a failed AI company called AllHere, which created a chatbot program for LAUSD with Carvalho at the helm, the program was later pulled.
The home at the center of the Miami raid belongs to Debra Kerr, one of the leaders of AllHere.
“We have been informed of law enforcement activity at Los Angeles Unified School District headquarters and at the home of the Superintendent. The District is cooperating with the investigation and we do not have further information at this time,” the LAUSD said in a statement.
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