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There is irony here. Lytton Savings was involved in the 1970 demolition of Irving Gill's Dodge House, up Kings Road from Schindler's duplex. At the time that house was demolished, Kurt Meyer, architect of Lytton, was apoplectic about the loss, comparing it to "slashing a Rembrandt with a razor" (slight hyperbole). Now it's happening to his most iconic structure, which in turn had demolished a legendary hostelry.
Another landmark in the neighborhood, just east of Lytton, that got demolished in 1967 was the nightclub Pandora's Box. As usual, the preservationists were a day late and a dollar short.
Even after the Los Angeles Conservancy was well-established, another landmark building, Lautner's Googie's Coffee Shop, just across the street from Pandora's box, was demolished after standing vacant for years next to Schwab's Drug Store (where actor John Gavin was discovered), also demolished to make way for a new shopping center.
The neighborhood appears to be hexed.