Neutra's Progressive Builders Home in North Hollywood Listed as Short Sale
Image courtesy Keller Williams |
3 Beds/2 Baths on 1,779 sqft on a total lot size of 7,382 sqft built in 1943. This home was part of a 14 home collection designed by world renowned architect Richard Neutra called Progressive Builders Home (You can read more about Neutra's work in the SFV here). According to Elizabeth A.T. Smith's book, Blueprint for Modern Living: History and Legacy of the Case Study Houses):
"The coming of war temporarily halted private commissions, but heightened the need for war workers housing. Neutra was given the job of designing a whole block of Progressive Builder's Homes, erected in 1942 as part of a larger project for defense workers at the nearby Lockheed aircraft factory in Burbank. Modest versions of the crisp, pitched-roof format Neutra had begun to explore two years earlier, the fourteen completed Federal Housing Adminstration sponsored, detached dwellings featured bedrooms across the front with the living room running front to rear and opening integrally onto fetching garden patios."
This home is currently owned by the Leroy and Arisa Wiltse Family Trust who first purchased in December 1987 for $12,500 which is downright amazing. I am not sure how they acquired this home for so little when the average home in the SFV was going for at least $100K - $150K during that time. Its possible this was a foreclosure purchase or the home needed serious upgrading. So 27 years later, the home is offered as a short sale and again in need of repair for $440K. The only picture available is the one above so its hard to tell how much repair is needed and additionally how much has been altered beyond the original design for restoration purposes. But this could be a great opportunity to own of the few Progressive Builders Homes by Neutra for a cheap price. All other Neutra homes in original condition will fetch a pretty penny.
You can view more SFV Architecture and R.E. here.
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