An iconic Richard Neutra home in the Hollywood Hills has hit the market for $10.5 million, but language in the listing indicates the wrecking ball might be its next tenant.
The two-bedroom home — which Neutra designed for poet Josephine Ain Chuey in 1956 — sits on 1.2 acres at 2460 Sunset Plaza Drive and features a modern glass and steel framework. The MLS listing made no mention of the esteemed home itself — nor were there any photos of the structure. Instead, it described the property as “a truly unique development opportunity” that’s “ideal for a compound” in the MLS listing, Curbed reported.
Chuey deeded the estate to her niece and nephew, Gigi and Paul Shepherd, following her death in 2004, property records show. Records also show the Shepherds filed for Chapter 11 bankruptcy in June. The sale is subject to approval from bankruptcy court, according to the listing.
Denise Moreno of Hilton & Hyland has the listing. [Curbed] – Natalie Hoberman