Welcome back to the real estate newsletter that hits your inbox after a week of bringing some rooms to life while others were sentenced to death.
But first, here’s what the celebs are selling. The zippy headline of the week came from Leonardo DiCaprio. The “Once Upon a Time in Hollywood” star moved a few miles east to Los Feliz and asked for $ 5.75 million for a 1920s green house that he bought from musician Moby three years ago.
He’s hoping for the same success Big Sean had at the Beverly Hills Post Office, where the rapper unloaded a custom-built mansion with a nightclub, movie theater, and recording studio for $ 11.1 million. That’s $ 2.4 million more than he paid when he bought it from Guns N ‘Roses guitarist Slash in 2017. It probably helped that Big Sean ripped out the pirate ship chandeliers and man-made alligator wallpaper that lined the walls when Slash lived there.
The aforementioned “new life” flourished in Mid-City, where Sorina Vaziri, inspired by the lush gardens of her grandparents’ home in Iran, opened the country’s first public traditional Persian tea garden in her backyard. Visitors can book private parties in the forest-like rooms, and tea is always on the house.
Death, on the other hand, sneaks to the doors of two beloved commercial buildings. The first is Barris Kustom Industries, the iconic North Hollywood auto store that gave birth to the Batmobile, Munster Koach, and many other iconic vehicles. It’s available for $ 4 million and is almost certainly for a new development.
In Studio City, the 1960s vintage Sportsmen’s Lodge hotel – a longtime celebrity hangout on the Los Angeles River – is being razed to the ground to make way for apartments. The demolition is part of an ongoing renovation of the San Fernando Valley spot.
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Oscar winner offers replacement house
The traditional English house, built in 1926, has five bedrooms, including two primary suites and a guest unit with a hidden entrance.
Near the foothills of Griffith Park, Oscar-winning actor Leonardo DiCaprio is asking for $ 5.75 million for a 95-year-old house he bought three years ago from musician Moby.
It’s not his main house; that’s found on the Malibu coast, where he paid $ 23 million for a 1.8-acre property in 2016. The “Once Upon a Time … in Hollywood” star bought the stately Los Feliz hideaway for a family member in 2018, The Times previously reported.
Moby did a dramatic renovation of the traditional English-style eatery during his stay, and it looks about the same as it did back then, with bespoke millwork, cross-vaulted ceilings, and three ornate fireplaces. Hidden behind gates and towering hedges, the two-story house offers five bedrooms and seven bathrooms on 4,644 square meters.
Rapper sells mansion with its own nightclub
At the center of the half a hectare property is an 11,000 square meter Mediterranean mansion with a night club and cinema.
Big Sean’s mansion – complete with nightclub, movie theater, and recording studio – just sold for $ 11.1 million in the Beverly Hills Post Office.
It was a pretty short stint for the rapper, who bought it from rock legend Slash for $ 8.7 million in 2017. The Guns N ‘Roses guitarist made some interesting stylistic choices during his tenure, including pirate ship chandeliers and artificial alligator wallpaper.
Big Sean has given the interiors a dramatic makeover over the past four years. Going for simplicity, he swapped brightly colored spaces for clean, minimalist spaces characterized by white walls, arched doors, and light wood floors. On 11,000 square meters there are seven bedrooms, 7.5 bathrooms and common rooms such as a two-story foyer, a family room with a bar and a kitchen with two marble islands.
A Persian tea garden in a backyard in mid-city
Teapot LA founder Sorina Vaziri keeps one of her loving Silkie chickens for her in the backyard garden she designed in LA.
(Gina Ferazzi / Los Angeles Times)
As a child, Sorina Vaziri spent summers at her grandparents’ home in Iran, where she and her many cousins explored the garden’s lush, vast food forest, flooded with an abundance of juicy pink pomegranates, sprawling vines, and thousands of persimmons writes Claire Reid. Under the cool shade of the fruit trees, the cousins played backyard games like manhunt – an action-packed combination of hide and seek – before retreating into the house for a refreshing glass of traditional Persian tea.
In January 2020, she founded Teapot LA, a municipal garden and nonprofit that offers tea parties, educational seed workshops, garden design consultations, cultural movie screenings, and garden-to-table harvest dinners with chef-made exotic produce such as moringa squash and pineapple.
Visitors can book personal time, private tea parties, and romantic evenings in Teapot’s sprawling vegetable, flower, and herb gardens at Healing Gardens for just $ 20 for two hours. Tea is always on, and all bookings go to Mid-City is Growing, a Vaziri-led grassroots campaign dedicated to improving and increasing the number of public parks and inspiring green spaces for mid-city children.
The iconic auto store is on its final round
Jared Barris and his mother, Joji Barris-Paster, are photographed in an exhibition replica of the Batmobile on display in the Barris Kustom Industries showroom in North Hollywood. The Batmobile was designed exclusively for the 1966 television show “Batman” by the late George Barris, Jared’s grandfather and Barris-Paster’s father.
(Mel Melcon / Los Angeles Times)
A cornerstone of Southern California’s auto culture is on the verge of destruction: The home of Barris Kustom Industries in North Hollywood – the birthplace of the Batmobile, Munster Koach and thousands of other custom cars – is for sale, writes automobile author Charles Fleming.
The 10,000-square-foot commercial property on an 18,000-square-foot corner lot is being offered for $ 3.995 million and is almost certainly for redevelopment.
The package includes the showroom, which also houses a Batmobile; the garages where brothers George and Sam Barris made bespoke bodywork for celebrities like Elvis Presley, Elton John, and Cassandra Peterson, aka Elvira, Mistress of the Dark; and even the spray booth, where “kustom kolors” invented by George were applied to cars driven by James Dean, John Wayne and ventriloquist Jeff Dunham, for whom Barris built a Bat Smart Car.
Apartments replace the Sportsmen’s Lodge
A representation of the proposed residences in Sportsmen’s Lodge Apartments that would replace the Sportsmen’s Lodge Hotel in Studio City. The view from Ventura Boulevard is shown.
The owners of Sportsmen’s Lodge plan to demolish the 1960s vintage hotel on Ventura Boulevard and replace it with apartments as part of an ongoing renovation of the site, long known as the cultural center of the San Fernando Valley, writes Roger Vincent.
The Sportsmen’s Lodge complex in the Studio City neighborhood of Los Angeles became popular as a trout fishing attraction in the 1930s. It became a hangout for celebrities and then a cherished institution where couples got married and families shared big events like bar mitzvah.
The banquet center where these events were held was recently removed to make way for a $ 100 million retail center of shops and restaurants called Shops at Sportsmen’s Lodge. It is scheduled to open in September.
Midwood Investment & Development will next seek city approval to demolish the 190-room hotel and build the Residences at Sportsmen’s Lodge, which would have 520 homes, including 78 subsidized affordable homes.
What we read
The Californian market is still burning hot – in the truest sense of the word. In Walnut Creek, Bay Area, a house that was ravaged by fire last September recently went on sale for $ 875,000 and is pending sale, according to SFGate.
In some states, a single family home can be bought for $ 350,000. It buys a parking lot in Manhattan. According to Bloomberg, a Manhattan garage operator who notes city dwellers are driving more cars instead of using public transit during the pandemic is offering 23 parking spaces in an Upper East Side garage for $ 350,000 apiece.