[Last updated 11/23/25 12:54 PM PT—According to the Los Angeles Times, real estate agent Michael Libow—also the owner of the Spadena House in Beverly Hills—has purchased the The Hobbit Houses for $1.8 million. He says he plans to keep the rental units and is adding this structure to his collection of storybook houses.]
[Updated 3/3/25 12:49 PM PT—The Hobbit Houses have been listed for sale for 10 days. The price is $1.9 million.]
Its official name is the "Lawrence and Martha Joseph Residence and Apartments."
But most people know the complex simply as the "Hobbit Houses."