Embattled Alberto Carvalho’s multimillion-dollar real estate portfolio revealed as LAUSD corruption probe rumbles on

LAUSD Superintendent Alberto Carvalho has an extensive real estate portfolio, with more than $6.3 million in properties across California and Florida, The California Post learned.

The revelation comes as the embattled schools chief is dealing with federal officials raiding his office, Los Angeles home, and a Miami property tied to the investigation. The raids are tied to allegations of fraud and corruption, a source told The Post.

Carvalho owns at least six homes in Florida’s Broward County and one in Los Angeles along with his wife, Maria. The schools head used to be Miami-Dade County Public Schools’ Superintendent for more than a decade before joining LAUSD in 2022.

His main three-bed, three-bath San Pedro home is worth about $1.6 million, according to Zillow. The multi-floor single-family home is around 2,000 square feet. Carvalho bought the home in 2022 for $1,440,000, and it’s his only known California home.

The home sits in the wealthy San Pedro neighborhood in south Los Angeles.

Carvalho’s most valuable home, according to Zillow, is his five-bed, four-bath Miami Shores home. It’s valued at $2.4 million and has 3,576 square feet of space. He bought it in 2018 for $1,081,000, and the home’s listed market value is now $1.6 million, according to property records.

He also owns two Miami condos worth around $1.4 million combined, per Zillow. Both are within the ritzy 63-story Biscayne Bay condo complex in Miami’s Park West neighborhood. The complex’s amenities include a full-service spa, a movie theater, a meditation room and valet parking.

The LAUSD schools head earns $440,000 per year, and signed a new four-year contract last year. His current assets are unknown, but his 2022 financial disclosure showed that he owned millions in stock.

Three more homes in Fort Lauderdale come in at around $1.3 million combined. The largest of the three is a three-bed, two-bath lakefront home in Hollywood valued at around $576,000 and situated on a private cul-de-sac in a gated community.

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.

LAUSD’s board and members of the public are set to meet in a closed-door session Thursday to discuss Carvalho’s employment.

The board shared a statement with The Post Thursday on the investigation into Carvalho.

“The LAUSD Board of Education understands that today’s news has raised questions across our school communities,” they wrote. “The Board’s priority remains ensuring that our students, families, and employees experience a safe and welcoming learning environment. Teaching and learning continue across our schools.

Los Angeles Unified continues to stay focused on our responsibility to serve students and our families.”

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