Security Trust Explained

Security Trust
Nocat:yes
Nrhp Type:cp
Partof:Hollywood Boulevard Commercial and Entertainment District
Partof Refnum:85000704
Location:7051-7055 W. Hollywood Blvd., Los Angeles, California
Coordinates:34.1017°N -118.3435°W
Built:1928
Architect:John and Donald Parkinson
Architecture:Beaux-Arts
Designated Nrhp Type:April 4, 1985

Security Trust, also known as Hollywood Savings and Loan, is a historic bank building with attached retail storefronts located at 7051-7055 W Hollywood Blvd., on the corner of Hollywood Boulevard and Sycamore Avenue, in Hollywood, California.

History

Security Trust was built in 1928 by John and Donald Parkinson, the duo responsible for some of Los Angeles's most notable landmarks, including Union Station and the Memorial Coliseum. Originally a one-story bank building with three attached one-story storefronts, Security Trust features a Beaux-Arts design, with the bank building's central entryway flanked by two colossal Corinthian columns.[1]

Sometime after 1980, additional stories were added to the building.[2]

In 1984, the Hollywood Boulevard Commercial and Entertainment District was added to the National Register of Historic Places, with Security Trust and its attached storefronts listed as a separate contributing properties in the district.[1]

Scientology

In 1995, the Church of Scientology bought the building for $1.6 million, to be owned by church affiliate Author Services Inc. The building is currently used for readings of L. Ron Hubbard's pulp fiction and also to house a library of Hubbard's novels and short-story collections.[3]

Notes and References

  1. Web site: National Register of Historic Places Inventory Nomination Form - Hollywood Boulevard Commercial and Entertainment District . . April 4, 1985 . en-US.
  2. Web site: Photos for National Register of Historic Places Inventory Nomination Form - Hollywood Boulevard Commercial and Entertainment District . . April 4, 1985 . en-US.
  3. Historic Hollywood Holdings . . Daniel Miller . July 21, 2011 . en-US.