| Year | 1930 |
|---|
About Montecito Apartments
Montecito Apartments is a large apartment building in Hollywood, California, USA. It was built in 1935 in the zig-zag Art Deco style and was the home for many Hollywood celebrities, including James Cagney, Mickey Rooney and Montgomery Clift. It was also Ronald Reagan’s first home when he moved to Hollywood in 1937. In 1985, the building was converted to a low-income housing project for senior citizens. The building was built in 1935 with 95 units at a cost of $1 million. Set on a hill overlooking the city, the Montecito is the highest building in Hollywood. It has a private swimming pool, two subterranean garages and a parking lot. The building is a classic Art Deco design with Mayan influences and windows arranged in vertical blinds. In 1946, it was sold for $600,000. In 1954, it was sold again, this time by Isadore and Libby Teacher to Howard Fox and Harry Wyatt. The Montecito was once frequented by movie stars, especially New York based actors while working in Hollywood. The Montecito was Ronald Reagan’s first residence when he moved to Hollywood; Reagan lived at the Montecito from June 1937 to late 1938.