LA
05/15/2011 02:21 pm ET | Updated Jul 15, 2011

Pasinetti House Back On Market For $1.995 Million

When we first told you about the legendary Pasinetti House, it had just hit the market with a price tag of $2.295 million. The house seemed to disappear but has now returned to market with a $300,000 reduction, bringing its current asking price to $1.995 million.

Italian writer and co-founder of UCLA's Comparative Literature department, Pier Maria Pasinetti, commissioned Romanian architect Haralamb Georgescu to build the house in 1958. It was featured in Art's & Architecture Magazine soon after, though it has gone through a complete restoration since being saved from demolition in 2007. The 2 bedroom, 1.75 bathroom Beverly Hills home is approximately 1,872 square feet. Designed with entertaining in mind, the house has been maintained and awaits a buyer with a fat wallet who seeks to own a little piece of Los Angeles history. Check out the slideshow below to see the historic home where guests like Clark Gable, Charlie Chaplin and Ingmar Bergman once attended parties.

Photos courtesy of photographer Marc Angeles from the official listing.

Architect Haralmb Georgescu's Pasinetti House in Beverly Hills On The Market