The Skinner House, a Streamline Moderne home designed by architect William Kesling, went on the market last June at an asking price of $1.395 million. It took a $145,000 price cut to attract a buyer for the Easterly Terrace home, which is a city cultural historic monument. The three-bedroom property built in 1937 officially sold on Sept. 27 for $1,250,000. That’s sales price is below the previous sales price of $1.495 million recorded in November 2007 but still translates into more than $600 a square-foot. Kesling was one of Southern California’s most prolific designers of Streamline Moderne homes before he was sent to prison on fraud charges, according to book publisher Balcony Press.
January 24, 2015