Goodwin Gaw — whose Gaw Capital and DJM Capital bought Hollywood & Highland shopping center two years ago — has listed his San Marino estate for $21.5 million.
Gaw acquired the Wallace Neff-designed mansion in 2004 for $6 million, according to the Los Angeles Times, which first reported on the listing. The 10,811-square-foot mansion at 975 Orlando Road is a century old. It was named for its first owner, Harriet Skinner, whose husband James helped found Sears, Roebuck. The home came to be known — in that now very outdated manner — as Mrs. James Skinner House.
The six-bedroom Italian revival-style home includes the front entrance built around a carved stone fountain. Gaw, whose Hong Kong-based private equity firm also owns the Hollywood Roosevelt Hotel, has kept the property largely in its original form. The estate sits on 1.8 acres.
Amenities include a wine cellar, tennis court, lap pool, three-car garage, and a formal garden. A guesthouse has two additional bedrooms.
Gaw Capital has around $23 billion in assets under management with properties across the globe. After Gaw Capital and DJM paid $325 million for Hollywood & Highland, it embarked on a $100 million project to renovate the sprawling retail center. Gaw Capital also owns a 100,000-square-foot studio campus in Atwater Village.
[LAT] — Dennis Lynch