We have an update on the final sale price of the Beaux Arts mansion in Los Angeles that once was owned by Dorothy Chandler of the Chandler newspaper family that had owned the Los Angeles Times.
In a Big Time Listings exclusive, we can report that the 9,059-square-foot house at 455 S. Lorraine Boulevard, which Chandler lived in until her death in 1997 at age 96, closed for $8,070,000, according to public records. That's a significant difference from the "about $8.6 million" figure that the Los Angeles Times' "Hot Property" column claimed the house sold for in its column that ran on December 10, 2006, shortly after the sale.
As we reported on December 12, the Chandler mansion is six blocks west of the nine-bedroom, 15,110-square-foot house owned by Antonio Banderas and Melanie Griffith at 611 S. Muirfield Road (which is not, as the Times' December 10 column reported, "down the street" from the Chandler mansion). The former Chandler mansion also is just two blocks from the mansion owned by Los Angeles Mayor Antonio Villaraigosa. Built in 1913, the six-bedroom Chandler mansion has a guesthouse and pool and sits on a 0.83-acre lot. The developers who rehabbed the mansion purchased it in 1997 from the Chandler family for $2.025 million (and not for the $2.25 million figure that the Times reported in that same article).
Another interesting factoid: the buyer of the Chandler mansion, Joseph Handleman, is the same individual who sold troubled singer Britney Spears her house at 12094 Summit Circle in the gated Summit neighborhood north of Beverly Hills, Calif. in mid-December, according to public records.