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California  + Los Angeles  + Retail  | 

Landmark Holmby Hall in Westwood Fetches $33M

Holmby Hall, a landmark property located at 921 Westwood Blvd. in Los Angeles, has sold for $32,675,000 in a transaction arranged by Kidder Mathews brokers Tanel Harunzade and Darrell Levonian, along with former Kidder Mathews agent David Saghian. The brokers connected the seller to a legacy buyer committed to preserving the building’s historic character.

Built in 1929, Holmby Hall was the first retail building in Westwood Village and is known for its Spanish Colonial Revival architecture and 110-foot clock tower. The property comprises 50,790 square feet on 0.73 acres, directly across from UCLA.

“This isn’t just the sale of a building—it’s the transfer of a cultural landmark,” said Harunzade. “Our client recognized the enduring value of an irreplaceable Westwood Village property, and we were gratified to help secure a buyer aligned with that vision.”

As a designated Historic-Cultural Monument, Holmby Hall also qualifies for preservation incentives and tax credits that can support planned seismic and interior upgrades.

Read More News Stories About: Kidder Mathews
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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