|Images courtesy Deasy/Penner & Partners|
2 Beds/2 Baths on 1,063 sqft built in 1963 in Studio City and listed for $495,000 on July 19, 2014. This home was previoulsy purchased at the peak of the last housing bubble on May 2, 2006 for $522,000 so looks like the seller will be taking a small loss. Apartment #9 sold last year on March 4, 2013 for $453,000 which was blogged about here.
Ray Kappe was born in 1927 in Minneapolis, Minnesota. In 1972, he left the Department of Architecture at Cal Poly Pomona to start the Southern California Institute of Architecture (SCI-Arc) with a group of faculty and students. He has designed many mid-century modern homes in the Southern California with a good number in the SFV area including the Strimling Residence in Encino discussed on this blog. You can view his complete list of accomplishments at favorite architecture site Triangle Modernist Houses and LA Curbed.
The listing description states:
Updated 2 bed / 2 bath unit in Ray Kappe designed building close to Ventura Boulevard, Universal City & Studios, shops & restaurants of Studio City, and Hollywood Bowl and downtown Hollywood. Kitchen and baths recently updated and washer/dryer hook-up installed in the unit. Unit is close to a sunny pool with adjacent verdant hillside. Well maintained 12-unit building with 1 covered parking spot (additional spot may be available), and guest parking.You can view more SFV Architecture and Real Estate here.