Four years after collecting this quintessential Old Hollywood Spanish-Colonial Revival in Los Feliz, entrepreneur Michael Wunderman is looking to collect on his investment. Per his LinkedIn profile, Wunderman currently presides over a Beverly Hills-based real estate development company, but for much of his prior career, he worked alongside his father, Severin Wunderman, in the family business, luxury watches.
A Holocaust survivor born in Belgium in 1938, Severin Wunderman emigrated to the U.S. as a young boy following the death of his mother. Though lacking in formal schooling — he dropped out at 16 — Severin had a knack for business, and, after convincing Aldo Gucci to invest in the production of a line of Gucci-branded luxury timepieces, went on to establish a multimillion-dollar enterprise producing and distributing Gucci watches in America.
After the Gucci brand was acquired in the late 90s, Wunderman sold the watch licensing agreement and with the profits from that sale, acquired the Swiss luxury watchmaker Corum. Michael Wunderman became Corum USA’s president in 2003, a position he held until 2008. Since then, Wunderman’s kept a fairly low profile, although in 2017, The Real Deal reported the $16.3 million sale of a midcentury modern in Trousdale Estates from “an entity registered to Michael Wunderman,” netting a tidy profit for said entity, who had acquired the property for $3.4 million seven years earlier.
The former watch-man is looking to make a similarly impressive return on investment with his Los Feliz property; bought for an even $6 million in 2018, it’s now listed at $9.95 million. Of course, the property does have quite a bit going for it.
Built on spec in 1927, the elegant residence was designed by architect George A. Sullivan, who produced several similarly grand period-revival-style homes in the vicinity as well as ones in Hancock Park and West Hollywood. Measuring approximately 5,400 square feet, it features a dramatic two-story rotunda entry. On the home’s lower level are its living room, dining room, kitchen, screening room, and guest quarters, while three additional bedrooms and baths are dispersed upstairs.
Swoon-worthy architectural details can be found at every turn. Among these are a glamorous, curving magnesite staircase, elaborate wrought-iron work, extensive ceiling murals, carved plaster fireplace surrounds, arched stained-glass windows, and dazzling Art Deco tile.
The outdoor amenities are equally lovely. On 36,020-square-foot grounds are a dreamy swimming pool adjoined by a Neo-Classical-style Roman pavilion with fireplace, a tennis court, a vast expanse of lawn suitable for croquet, an outdoor kitchen with built-in barbecue and semi-circular bar, multiple dining patios and lounges, and a detached guest house. There’s also a three-car garage and sizable motor court.
Per the Los Feliz Improvement Association’s Historic Survey, the property is a potential candidate for Historic-Cultural Monument status. It’s listed with Branden and Rayni Williams of the Beverly Hills Estates.