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10/06/25
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Holmby Hall, a landmark 50.8k sf property in Los Angeles’ Westwood Village area, was purchased for $32.675 mil ($643/sf) by a legacy buyer committed to preserving the building’s historic character. Built in 1929, the property is known for its Spanish Colonial Revival architecture and 110-foot clock tower designed by Gordon Kaufmann and John Parkinson.
Hall sits on 0.73 acres at 921 Westwood Blvd, directly across from UCLA. It spans an entire block on Westwood, from Weyburn Ave to LeConte Ave.
Kidder Mathews’ Tanel Harunzade and Darrell Levonian, along with former Kidder Mathews agent David Saghian, represented the seller in the transaction.
“Holmby Hall’s historic character, visibility, and proximity to UCLA make it one of the most unique properties in Los Angeles,” said Levonian. “The new ownership will honor the building’s history while positioning it for future success.”
The acquisition highlights renewed confidence in Westwood Village, an area poised for revitalization with strong demand from UCLA’s 45,000+ students, faculty, and daily visitors. With a Walk Score of 95, heavy foot and vehicle traffic, and affluent surrounding demographics, Holmby Hall offers repositioning potential for flagship retail, boutique office, wellness tenants, or hospitality concepts.
As a designated Historic-Cultural Monument, Holmby Hall also qualifies for preservation incentives and tax credits that can support planned seismic and interior upgrades.
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