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In 1952, the apartments purchased the Union Oil Building at S Hope Street and 7th Street in Downtown Los Angeles as an investment for $2.2 million [6] (equivalent to $25.2 million in 2023). In November 2012, the El Royale was purchased by Kamran Hakim and Farhad Eshaghpour for $29.5 million in cash. [7] [8] [9]
The building was an "own-your-own" apartment building and each unit was sold fully furnished. In those days, Apartment-Hotels were apartment buildings featuring full service hotel amenities. The Villa Riviera provided maid service, valets, doormen, concierge, and managers on duty to cater to the needs of residents.
Pages in category "Apartment buildings in Los Angeles" The following 33 pages are in this category, out of 33 total. This list may not reflect recent changes. B.
In 1926, Fred Horowitz, [18] a prominent Los Angeles attorney, chose the site at Marmont Lane and Sunset Boulevard to construct an apartment building. Horowitz had recently traveled to Europe for inspiration and returned to California with photos of a Gothic Chateau (Chateau d'Amboise where Leonardo da Vinci is buried) located along the Loire River.
The V-shaped building, designed by architects Cramer & Wise in a faux French Normandy style, was built in 1929.At the time, it was a Class A building with more than 50 apartments, with three penthouse units, a subterranean garage, and private and public roof gardens.
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