Real Estate Sales: House next-door to the Frederick Albertson home garners near-record price in Hancock Park

| March 31, 2016 | 0 Comments
ALBERTSON HOUSE on Hudson Avenue. Photos by Luckhaus for “The Architectural Digest,” Vol. VIII, No. 1, 1930, courtesy of Los Angeles Public Library.

ALBERTSON HOUSE on Hudson Avenue. Photos by Luckhaus for “The Architectural Digest,” Vol. VIII, No. 1, 1930, courtesy of Los Angeles Public Library.

Real estate sales are a popular topic in our neighborhood. Following this article is our monthly report of recent sales in our neighborhood.

The Spanish Colonial house just to the south of the landmark Albertson house on Hudson Avenue in Hancock Park reportedly changed hands in February or March for slightly less than $12 million.

The record price for the area remains the Melanie Griffith and Antonio Banderas sale in 2015 of their three-lot property on Muirfield Road for a bit less than $16 million.

The Hudson home that just sold in an off-market transaction is reputed to have eight bedrooms and eight baths. It previously had been occupied by celebrities such as radio personality Frank Bresee and movie producer Oren Koules.

More visible than the house just sold is the large Tudor Revival home immediately to the north, built on the Fourth and Hudson corner hillside. That home was designed and built for Los Angeles pioneer automobile company executive Frederick S. Albertson by Alexander D. Chisholm.

Construction of the four-bedroom (plus two maids’ rooms downstairs) house was completed in 1929, and Albertson lived there for many years with his wife, Hazel, and daughters Barbara and Jean.

RECEPTION HALL at the Albertson house.

RECEPTION HALL at the Albertson house.

In 1958, Home Savings & Loan Association president Howard F. Ahmanson bought the house and moved in with his family. Ahmanson was a noted art collector. He also was patron for the many Home Savings branches designed by artist Millard Sheets, also the designer of the Scottish Rite Cathedral building on Wilshire Boulevard in Windsor Square. Now being repurposed by the Paul and Maurice Marciano Art Foundation, the Scottish Rite building will become the “New Center for the Display, Discourse, Research and Making of Contemporary Art in Los Angeles.”

Back west on Hudson Ave., Howard Ahmanson’s widow, Caroline Leonetti Ahmanson, sold the Albertson house in 1975. When the home was awarded the Windsor Square-Hancock Park Historical Society’s Historic Landmark Award No. 15 in 1982, the owners were Dr. and Mrs. George F. Thomas. The Albertson house remains very much a community landmark.

 

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Real Estate Sales*

SOLD: This house, located at 527 N. Windsor Blvd., was listed for $1,450,000.

SOLD: This house, located at 527 N. Windsor Blvd., was listed for $1,450,000.

Single family homes

200 S. Windsor Blvd.
350 N. Harper Ave.
336 N. La Jolla Ave.
452 S. Las Palmas Ave.
414 N. La Jolla Ave.
801 S. Citrus Ave.
123 N. Lucerne Blvd.
438 N. Plymouth Blvd.
940 Westchester Pl.
830 S. Windsor Blvd.
527 N. Windsor Blvd.
501 N. Gower St.
534 N. Mansfield Ave.
4089 W. 8th St.
253 S. St. Andrews Pl.
461 St. Andrews Pl.
$3,990,000
3,695,000
3,395,000
2,995,000
2,849,000
2,468,000
1,890,000
1,695,000
1,498,000
1,489,000
1,450,000
1,398,000
1,348,000
899,000
850,000
500,000

Condominiums

4072 Ingraham St., #105
4925 Wilshire Blvd., #103
837 S. Crenshaw Blvd., #PH3
970 S. St. Andrews Pl., #106
610 S. Wilton Pl., #103
4368 W. 8th St., #17
4746 Oakwood Ave., #2
532 N. Rossmore Ave., #109
957 S. Gramercy Dr., #204
$859,000
832,000
714,000
689,000
665,000
649,000
475,000
374,900
369,900

*List prices for February 2016.

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Category: Real Estate

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