Posted by: KAIZEN Realty on 06 Apr, 2011
The descendants of the late Los Angeles oil tycoon Armand Hammer have substantial pieces of their Southern California real estate holdings on the market, including a George Washington Smith home in Montecito (above) and a condo in the famous Sierra Towers building in West Hollywood.
The family, now headed by Hammer’s grandson Michael Armand Hammer, no longer runs Occidental Petroleum, focusing instead on philanthropy, the arts, and religious causes. The three properties they have listed have a total asking price of $26.1 million – not exactly chump change, even for the heirs to Oxy.
This George Washington Smith-designed home was built in 1926 and features 4 beds and 7 baths on property in the one of the most exclusive areas of one of the most exclusive counties in California. Just outside Santa Barbara, this recently restored Mediterranean-style manse has high wood-beamed ceilings, a guest house, and stunning mountain views.
West Hollywood, CA
This 2 bed, 3 bath condo is 2300 square feet of Modernist luxury high above the western end of the Sunset Strip. It’s situated near the top of the super-rarefied Sierra Towers high rise, a building that is a favorite of celebrities of all stripes, having played home to stars such as Lindsay Lohan, Matthew Perry, and Elton John. Built in 1965 and designed by Jack A. Charney, this building actually has its own Facebook page.
Beverly Hills, CA
This 1952 French-style manse positively oozes an old guard Bev Hills vibe. A staid, stolid 4 bedroom, 6 bath affair on 1.19 acres, this classic home looks exactly like you would expect the home of a dynastic oil family to look.