Home of the Day: Hancock Park palazzo

This newly renovated Mediterranean-style villa in Hancock Park features a dramatic entryway and a noteworthy 1,700 square-foot master suite. Terrace balconies with decorative wrought iron grace each second-story room and are accompanied by large glass doors that open wide for indoor-outdoor living and entertaining.

Address: 368 South Rimpau Blvd., Los Angeles, 90020

Price: $9,995,000

Built: 1964

Lot size: 23,570 square feet

House size: 10,581 square feet; 7 bedrooms, 7.5 bathrooms

Features: Circular driveway, entry hall with wrought-iron staircase and dramatic crystal chandelier, hardwood floors, gourmet kitchen with walk-in pantry, media room, full bar area, formal dining room, breakfast area, library/study, service entrance, three fireplaces, Italian contemporary design detail, tray ceilings, guest house, pool and spa.

About the area: The central Los Angeles neighborhood, as defined by the Hancock Park Homeowners Assn., is located North of Wilshire Boulevard and south of Melrose Avenue, between North Highland Avenue and North Rossmore Avenue. The desirable community was developed in the 1920s and still bears a strong historic resemblance to early 20th century architecture.

Agents: Brandon Cohan, The Agency, (424) 320-5248; Elizabeth Malloy, Coldwell Banker Residential, (323) 860-4266

To submit a candidate for Home of the Day, send high-resolution color photos via Dropbox.com, permission from the photographer to publish the images and a description of the house to neal.leitereg@latimes.com.

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