Taft Building (Los Angeles)

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Taft Building
Hollywood-Los Angeles-California4345.JPG
Taft Building
Taft Building (Los Angeles)
General information
Location6280 W. Hollywood Blvd. and 1680 North Vine Street, Hollywood, California
Coordinates 34°06′05″N118°19′35″W / 34.10139°N 118.32639°W / 34.10139; -118.32639
Completed1923
Cost$28 million
OwnerElat Properties, Ray Golbari
ManagementElat Properties
Technical details
Floor count12
Floor area125,888 square feet (11,695.4 m2)
Design and construction
Architect(s) Percy A. Eisen
Albert R. Walker
DesignatedSeptember 29, 1999
Reference no.666

The Taft Building is a historic twelve-story building at 6280 W. Hollywood Blvd. and 1680 North Vine Street, Hollywood and Vine, in Hollywood, California.

Contents

History

It was built for A.Z. Taft, Jr. (18891941), who purchased the Hollywood Memorial Church for US$125,000, tore it down, and commissioned the Taft Building thereby hiring architects Percy A. Eisen (18851946) and Albert R. Walker (18811958). [1] [2] [3] Construction ended in 1923. [2] The architecture firm Walker and Eisen was also responsible for the Fine Arts Building, the James Oviatt Building, the Hotel Normandie, the Beverly Wilshire Hotel, and the Commercial Exchange Building. [4]

It is an example of Classical Revival architecture. [3] Shortly after, all the movie studios had an office in the building. [1] Clark Gable's dentist also had an office there. [1] Additionally, Charlie Chaplin and Will Rogers had offices there. [5] It has housed the Academy of Motion Picture Arts and Sciences. [5]

It was the first high-rise office building in Los Angeles. [3] It is opposite the Pantages Theatre, and Audrey Hepburn's star on the Hollywood Walk of Fame is outside the main entrance. [5]

It has been on the list of Los Angeles Historic-Cultural Monuments in Hollywood since September 29, 1999. [5]

In 2011, the owner, Langer Meringoff Properties, put it up for sale. [5] The building was then purchased by DLJ Real Estate Capital Partners for $28.5 million, and spent $15 million renovating it, restoring many of its "historic architectural details". [6]

In March 2023, Elat Properties acquired the renovated Taft Building from Ocean West Capital Partners for $28 million. Ocean West Capital Partners, previously purchased the building for $70 million. [7]

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References

  1. 1 2 3 Pool, Bob (May 04, 2008) "Turning the corner at Hollywood and Vine" Los Angeles Times
  2. 1 2 Pacific Coast Architectural Database
  3. 1 2 3 History Archived March 20, 2013, at the Wayback Machine
  4. "Sydell Group Buys Downtown Los Angeles Office Building from 1924" (July 18, 2014) Real Estate News Television
  5. 1 2 3 4 5 Miller, Daniel (10/12/2011) "Hollywood's Historic Taft Building For Sale", The Hollywood Reporter
  6. "29 Jan 2015, Page C1, C4 - The Los Angeles Times at Newspapers.com". Newspapers.com. Retrieved April 2, 2022.
  7. Modi, Priyanka (April 4, 2023). "Elat Properties Buys Hollywood Office Building at Discount". The Real Deal. Retrieved June 10, 2023.

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