A historic property that once housed the Hollywood Art Center School is on the market for nearly $7 million, with the potential for significant redevelopment.
The estate, located on a 3-acre site, could be transformed into an 80-unit multifamily building or hotel, showcasing its versatility for buyers.
Originally designed by prominent architects for artist Otto Classen, the property features a main house, carriage house, guest house, and outdoor amenities including a 100-seat amphitheater.
Having a rich history, the property was acquired in the 1940s by the founders of the Hollywood Art Center School, which contributed to significant artistic projects over the decades.
#real-estate #historic-properties #hollywood-art-center-school #multifamily-development #los-angeles
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