Developers have big plans for a Neutra-designed Hollywood Hills home

The single-story property hit the market in 2017 for $11M

TRD LOS ANGELES /
May.May 09, 2019 04:00 PM
Richard Neutra’s old residence at 2460 Sunset Plaza Drive
Richard Neutra’s old residence at 2460 Sunset Plaza Drive

Developers and property owners in Los Angeles have been increasingly tearing down existing homes to build larger and larger mansions. But two developers who just bought a single-story, 60-year-old house in the Hollywood Hills are not getting in on that trend.

The developers, Eric Choi and Philippe Naouri, will restore the Richard Neutra-designed home they just purchased in the Hollywood Hills for $5.6 million, the Los Angeles Times reported. The historic Chuey House is a single-story property on Sunset Plaza Drive.

The property first hit the market for $10.5 million in 2017. The price was cut to $6.3 million earlier this year, and included a condition that the house would be relocated if a buyer wanted just the land. That offers offers more value than the home. But the new owners said they plan to keep and restore the property, the Times reported.

The estate was built in 1956 for artist Robert Chuey and his wife, poet Josephine Ain Chuey. It includes two bedrooms and one bathroom with 1,900 square feet of space. It sits on 1.5 acres looking over the city and Pacific Ocean.

After Josephine Ain Chuey died in 2004, the house was given to her niece and nephew, Gigi and Paul Shepherd.

However, much of the original architecture is gone. Choi and Naouri plan to restore aspects from Neutra’s original design that have since been removed, and expand the estate. The process is expected to take two years with the help of New York-based designer Tim Campbell, who previously worked on Neutra’s Singleton House.

Neville Graham with Compass had the listing with Elizabeth Donovan of Westside Estate Agency. Graham and Donovan also represented the buyers. [LAT]Gregory Cornfield


Related Articles

arrow_forward_ios
Lauren Sanchez and Jeff Bezos with the property at 1441 Angelo Drive (Credit: Getty Images and Redfin)

A $90 million patch of dirt: A look at Jeff Bezos’ other record LA deal this week

Amazon CEO Jeff Bezos with the home (Credit: Pintrest and Getty Images)

Jeff Bezos buys David Geffen’s Beverly Hills estate for record $165M

Nile Niami and 1175 N Hillcrest Road (Credit: Redfin)

Niami gets $50M+ for Beverly Hills spec mansion

Jeff Bezos with  Casa Encantada and Palazzo di Amore estate (Credit: Getty Images and iStock)

Jeff Bezos is shopping for an Amazon-sized mansion in LA

Lori Loughlin and Mossimo Giannulli are reportedly trying to sell their Bel Air estate

Lori Loughlin, Mossimo Giannulli asking $29M for Bel Air estate

A judge will let Hearst estate be used as cash collateral (Credit: iStock)

Start your timer: Leonard Ross has 4 months to sell Hearst mansion

Sources say Gou is behind $33 million Bird Streets purchase (Credit: Hilton and Hyland and Wikipedia)

Bird Streets home flies off the market for $33M to reported Taiwanese buyer

William Randolph Hearst by his former home (Credit: Getty Images and Zillow)

Hearst estate owner pleads with court to let him sell mansion

arrow_forward_ios
Loading...