Breathtaking panoramic views of Los Angeles!

7436 Mulholland Drive, Los Angeles, California 90046

*You can click on any of the photos and open up a slideshow.

The Garcia house is also known as the "Rainbow House" because of the colorful stained glass windows.

c.1962 • 2,596 square feet • 3 bedrooms • 3 baths • Lot: 9,600 sqft • $16,000,000 **EDIT This property sold mid March for $12.5m

The "Garcia House" is an iconic masterpiece designed by the world-renowned architect John Lautner. Built in 1962, the home underwent a historic restoration by Marmol Radziner, with a focus on preserving original details and functionality.

The property boasts a number of timeless features including a lava rock entryway, original terrazzo flooring, signature parabolic roof, a 55-foot wall of windows, and 60-foot caissons elevating the structure above the canyon, showcasing breathtaking panoramic views of Los Angeles.

The Garcia house is also known as the "Rainbow House" because of the colorful stained glass windows. In 1962, Lautner, who studied under Frank Lloyd Wright, designed this home in the Hollywood Hills for Russell Garcia, a composer, arranger, and conductor who had written a number of well-known film scores.

Over the course of two years, he built an arched two-part structure that would allow Garcia to do his music work on one side of the house without disturbing anyone on the other side of the house.

In 2002 new owners John Mcllwee and Bill Damaschke teamed up with architecture firm Marmol Radziner and began a journey to bring the masterpiece back to life.

For John McIlwee, living in John Lautner’s Garcia House has been nothing short of life-altering. “It’s been empowering and substantial,” he tells AD. An entertainment business manager, McIlwee and his partner, Bill Damaschke, bought the 1962 modernist masterpiece from Vincent Gallo in 2002, who told them the property would change their lives.

McIlwee says it did. “John Lautner has kind of a cult following with people from all walks of life, so it’s been an amazing way to be part of a bigger collective world of art and architecture,” he says. Now, it’s time to pass the torch—or, better phrased, the keys—to a new owner.

Located on Mulholland Drive, it sits on stilts 60 feet above the canyon below. Also known as the "Rainbow House" for its parabolic roof over stained glass windows and a curved ceiling that rises to 30 feet in height, it has been described as "one of the 10 most important residences from the midcentury period in Los Angeles."

The two-story structure includes three bedrooms and a matching number of baths in just over 2,500 square feet of living space. By 2002 it had undergone many changes from its original design and was in need of renovation.In 2002, actor Vincent Gallo sold the house for $1.3 million to Bill Damaschke, a DreamWorks executive, and his partner, business manager John McIlwee. Damaschke and McIlwee then invested another $1 million on an extensive renovation, supervised by the Marmol Radziner design firm. They ultimately also added a fence to obstruct public views from the street into the glass-sided, transparent house.The house was prominently used as a location for the film Lethal Weapon 2.