Bank of America Founder's Italian Revival in Fremont Place

Located within the guard-gated confines of Mid-Wilshire's* upper-crust housing development Fremont Place, this early 1920s Italian Renaissance Revival was once the home of Bank of America founder AP Giannini. Per the listing, the approximately one-acre estate contains a 5,300-square-foot main house with four en suite bedrooms, a service floor with maid's/office room, and a detached guest apartment, plus a 3,500-square-foot second residence with four bedrooms and "dual basements." The property's noteworthy features include Batchelder tile floors, hand-stenciled wood beams, coffered ceilings, intricate plaster work, two fireplaces, French doors, "extraordinary trompe l'oeil paintings," a cobalt blue-tiled pool, heated spa, formal lawns and rose gardens, fountains, patios, and cabana. Last sold in 1996 for $1.125 million, it's now listed at $8.5 million, plus $500 per month HOA fees. *That's right, Mid-Wilshire, not Hancock Park. Deal with it.
· 108 Fremont Place [Estately]