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iStockphoto.com founder buys Los Feliz home for $2,445,000
A 1966 landmark home in Los Feliz designed by architect Edward H. Fickett has sold in less than a month.
The post-and-beam house appeared on the Multiple Listing Service in late July, and on that same day, buyer Bruce Livingstone, founder of iStockphoto.com, made an offer of $2,445,000 with a 15-day close that was accepted. The property had been listed for $2.5 million.
The three-bedroom, 2 1/2 -bathroom house, called the Jacobson House for its original owners, is a Los Angeles Historic-Cultural Monument and had been kept intact and meticulously maintained. The 2,926 square feet of living space in two stories features high ceilings, an open floor plan, exposed beams, walls of glass and floor-to-ceiling doors. There is a swimming pool and a two-story atrium.
Fickett is known for having designed tens of thousands of single-family homes, including prefab and affordable houses, as well as projects such as La Costa Resort & Spa in Carlsbad and the Port of Los Angeles Passenger and Cargo Terminals.
Livingstone, 38, who is relocating his family to Los Angeles, also acquired artwork and '60s furnishings with the gated house. He sold iStockphoto to Getty Images in 2006 for $50 million.
Patricia Ruben of Sotheby's International Realty, Los Feliz, handled both sides of the transaction.