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R.M. Schindler Laurelwood Apartments for sale

 
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peterm



Joined: 13 Mar 2008
Posts: 5820
Location: Chicago, Il.---Oskaloosa, Ia.

PostPosted: Tue Sep 11, 2018 9:36 pm    Post subject: R.M. Schindler Laurelwood Apartments for sale Reply with quote

$9,995,000

http://www.loopnet.com/Listing/11833-11837-Laurelwood-Dr-Studio-City-CA/13731667/

https://www.laurelwoodapts.com/
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SDR



Joined: 17 Jun 2006
Posts: 16027
Location: San Francisco

PostPosted: Wed Sep 12, 2018 12:23 am    Post subject: Reply with quote

Thanks, Peter. I visited the site c. 1999, but did not have access to units.

I've found an undated Shulman photo, showing a previous graphic treatment to the street facade. More importantly, your first link includes an impressive number of
visuals describing the project in its present environment, and some photos that augment what's found on the drawings -- including aerial shots from several angles.

I also have site plan and section of the Falk apartments of 1942, for comparison; both schemes step up a hill with sawtooth diagonal building layouts . . .

In his seminal Schindler book David Gebhard makes short shrift of this building, but he pithily describes its virtues:

"What differentiates Schindler's apartments from the ordinary is what counts: his excellent siting of the complex, with its garage and automobile court separating the
apartments from the street; the provision of really usable outdoor living areas; and the rich complexity of the internal spaces of each apartment."

The building plan and section found in March and Sheine, "RM Schindler," p 186, shows the features Schindler describes in his text for the project, including ample
intra-unit sound insulation and the provision of second-floor outdoor areas -- which unfortunately don't make it onto the two-level plan as presented.

SDR
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Roderick Grant



Joined: 29 Mar 2006
Posts: 8457

PostPosted: Wed Sep 12, 2018 10:27 am    Post subject: Reply with quote

$1M for a 20-unit classic. Get 20 investors, and they could each get a condo for an average of fifty grand. That's about 1/15 of what a typical condo goes for these days.

Falk is a more high-end building in a better neighborhood (Silver Lake) with only 4 units and a more complex plan. I believe it was on the market some years past for considerably more than Laurelwood.
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peterm



Joined: 13 Mar 2008
Posts: 5820
Location: Chicago, Il.---Oskaloosa, Ia.

PostPosted: Wed Sep 12, 2018 1:55 pm    Post subject: Reply with quote

That would be amazing, but unfortunately the asking price is 10 million, not one million.
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Roderick Grant



Joined: 29 Mar 2006
Posts: 8457

PostPosted: Thu Sep 13, 2018 12:41 pm    Post subject: Reply with quote

Oops! Missed that comma.
Well, $500K is still cheap for a condo in that neighborhood.
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JChoate



Joined: 04 Feb 2016
Posts: 884
Location: Atlanta

PostPosted: Thu Sep 13, 2018 7:39 pm    Post subject: Reply with quote

another article:
https://archinect.com/news/article/34976416/laurelwood-apartments-renovation

it changed hands in 1984 for $900K. Apparently it decayed close to demolition twice. It's good news that it has survived.
http://articles.latimes.com/1986-07-05/local/me-20256_1_tenants-and-preservationists
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SDR



Joined: 17 Jun 2006
Posts: 16027
Location: San Francisco

PostPosted: Thu Sep 13, 2018 9:25 pm    Post subject: Reply with quote

The change in ownership in 2009 was an inheritance, apparently, with the new owner commencing a restoration thereafter, according to info in the first-linked page . . .

SDR
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Roderick Grant



Joined: 29 Mar 2006
Posts: 8457

PostPosted: Fri Sep 14, 2018 9:22 am    Post subject: Reply with quote

The only problem with Laurelwood is that it is in the Valley. The heat on the south side of the Hollywood Hills is bad enough, but the north side is brutal.
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