This restored Spanish Colonial Revival listed for sale in Hancock Park for $7.995 million has historical ties to both the film and banking industries.
The home was originally commissioned by M.C. Levee, a prop man turned studio executive and financier, who paid $110,000 to build the two-story in 1927. Architect Stephen Goosson, who later won an Academy Award for art direction for "Lost Horizon" (1937), was tasked with the design while S.C. Clark, a general contractor, handled the construction.
A 1927 story in The Times notes the home’s L-shaped structure, a hand-made tile roof and the nearly half-acre lot that “backs up against the Wilshire golf links.”
Levee, who was a founding member of the Academy of Motion Pictures Arts and Sciences, sold the property in 1944 for $30,000. The home was later owned by Leontine Giannini, the widow of
The home, which has undergone a restoration in recent years, sold twice last year for $3.5 million in August and $4 million in June. The 8,500 square feet of living space retains much of its original charm with rich hardwoods, arched doorways and detailed molding throughout, but has also seen a few new additions.
A den has been outfitted as a home theater with a snack bar, and the kitchen has been updated and modernized. Through a row of French doors, a living room with a wet bar opens onto landscaped grounds containing extravagant fountains, a large loggia and a pool and spa.