Serving Larchmont Village, Hancock Park, and the Greater Wilshire neighborhoods of Los Angeles since 2011.

Real Estate Buzz – Several Very Large Properties on the Market

Here’s something you don’t see often — two adjacent properties in Hancock Park – for sale – $17,995,000

Checking our Buzz Open House calendar, we noticed an unusual offering of two houses on adjoining parcels for sale in Hancock Park. The properties back up to each other and face different streets, 160 N. McCadden has 4 bedrooms and 4.5 baths and 165 N. Las Palmas is a bit larger at 5 bedrooms and 5 baths. The price for both parcels is $17,995, 000 and the properties are open today from 11 a.m. to 2 p.m.

If you are looking for a grand historic estate, there are several on the market now. In nearby Windsor Square, the famed Dorothy Chandler (whose family owned the Los Angeles Times) estate at 455 Lorraine Blvd. Known as “Los Tiempos” (Spanish for The Times), the property is considered one of the great homes of Los Angeles, especially it’s lavishly appointed music room having been the setting for many high profile gatherings during the Chandler era as “Buffy” Chandler nearly single handedly raised all the funds for the Music Center which bears her name.

“Los Tiempos,” the former mansion of the Chandler family is on the market for $19,999,500

According to the listing, the home has hosted several U.S. presidents including Presidents Eisenhower, Kennedy, Johnson, and Nixon, and was often referred to as the Western White House. The property is registered as a Los Angeles Historic Cultural Monument and a classic example of American/French Beaux Arts architecture.  it was built in 1913 by renowned architects J. Martyn Haenke, William Dodd, and Julia Morgan got Dr. Peter Janss, most well known for the Janss Investment Company developers of Westwood.

Dr. Janss and his family only lived in the home three years, and sold it to William Russell. The Russells lived there 20 years, selling it to an attorney, Walter Tuller. Actor Lewis Stone, noted for his role as the judge in the “Andy Hardy” series, purchased the home in 1953. Following Stone’s death in 1961, Norman Chandler, publisher of the “Los Angeles Times,” and his wife Dorothy bought the house, according to the Larchmont Chronicle.

After Mrs. Chandler died in 1997, the home was purchased by noted interior designers Timothy Corrigan and Kathleen Scheinfield who undertook a significant  renovation and repair of the home. In 2006, they sold the home to Joseph Handleman and Courtney Callahan for $8.75 million. That transaction ended with a messy lawsuit with the new owners “alleging that Corrigan and Scheinfield misled them about the state of disrepair the property was in when they acquired it in 2006 for $8.75 million,” according to real estate news site CurbLA. After that, the home changed hands several times and underwent several more renovations, not always for the better. Vigilant neighbors won victories removing incorrect light fixtures and paint from the exterior.

Amazingly, real estate records show the house was put in the market in 2016 for an astounding $50 million. It is now on the market for $19,999, 500.

55 Fremont Place is on the market for $16,995,000

And finally, as we reported earlier, Boxing great Muhammad Ali’s mansion in Fremont Place is still available. The property is listed for $16,995,000. It was listed in 2019 but came off the market during the pandemic. The home was built in 1916 and designed by architect John C. Austin, whose commissions include Griffith Observatory and Los Angeles City Hall and features an amazing stained glass entry from Louis Comfort Tiffany.

244 N. Rossmore Avenue has been reduced to $5,695,000

For those looking for something half the price, we heard the sale price of 244 N Rossmore was just lowered by $300,000 to $5,695,000. We stopped by a few ago when the property was open. The location is likely to be the biggest challenge, right on the corner of Beverly Blvd and Rossmore Avenue.  But….the house is 6437 square feet with 6 beds + 6 baths and there’s a movie theater, a tennis court + pool + sauna + a large motor court too.

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Patricia Lombard
Patricia Lombard
Patricia Lombard is the publisher of the Larchmont Buzz. Patty lives with her family in Fremont Place. She has been active in neighborhood issues since moving here in 1989. Her pictorial history, "Larchmont" for Arcadia Press is available at Chevalier's Books.

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