A Classic Hollywood Home for Sale
If you’ve ever wanted to own a home in the veritable heart of classic Hollywood, this is your chance. On top of the home’s excellent location, it has a verifiable Hollywood star pedigree, too. On Marmont Lane, just across the street from the absolutely fabulous and incredibly sophisticated Chateau Marmont, James Franco’s old house has come back on the market and is currently listed for a cool $6.25 million.
Chateau Marmont is truly the stuff of Hollywood legend. Hunter S. Thompson, Annie Leibovitz, F. Scott Fitzgerald, Jay McInerney and many others have produced work within its fabled walls. Franco’s former home, a work of classical old Hollywood beauty, is located literally just across the street. The home was also owned at one time by director Francis Lawrence (Hunger Games films, Red Sparrow) and boasts, among other amenities, a secret tunnel in the backyard that runs all the way to The Player’s Club.
The Home Beyond Its Provenance and Location
James Franco purchased the home 13 years ago and owned it for just four years. He netted a profit of right around a million dollars over his initial purchase price of $2.32 million when he sold it in 2010.
The current listing price of $6.25 million is just about double what the home sold for in 2010 and represents the ongoing rise in home prices in the greater Los Angeles area, more than it does any improvements that have been made to the home in the ensuing years – though it had been extensively remodeled and expanded by previous owners.
The home features Spanish-style villa architecture and was originally built during the golden age of Hollywood in 1923. It features beautiful, gleaming, dark hardwood floors throughout, as well as thick, exposed dark wood beams. It has more than 5,000 square feet of total living space, including four bedrooms and five bathrooms, one of which features an attached bath with a marble soaking tub, predating the home to the nineteenth century.
The Rest of the Rooms and Exterior Living Spaces
The home’s kitchen has been thoroughly updated to reflect contemporary expectations, and features a center island complete with a slate sink, also from a prior century. The living room features a large fireplace and abundant natural light thanks to floor-to-ceiling windows and beautiful glass doors that open out into the back yard.
The home also features a gym, a formal dining room, a family room or entertainment room, and a reading nook or small office that was built into the landing at the base of the stairs near the home’s main entrance. The backyard features a built-in outdoor kitchen, barbecue, and a covered dining and sitting area alongside an in-ground pool. There is an additional outdoor entertaining area with a built-in fire pit.
Too Many Amenities to List… Almost
Also in the backyard, according to the Los Angeles Times, is a “feature long buried: the entrance to a secret tunnel that ran to The Player’s Club, a popular gentlemen’s club in the 1940s.” Additionally, there is a rooftop patio on top of the home that features lounge seating, access to a sauna, and excellent views of the surrounding area. Do you have what it takes to make this your next home? Make an offer today!