Security Trust
Building in Los Angeles, California
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.
01History
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. This building was originally a one-story bank with three attached one-story storefronts. Additional stories were added to the building sometime after 1980.
In 1985, 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.
Scientology
In 1995, the Church of Scientology bought the building for $1.6 million ($3.38 million in 2025), 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.
02Architecture and design
Security Trust was designed in the Beaux-Arts style and features a central entryway flanked by two colossal Corinthian columns.
Sources and credits
This article is adapted from the Wikipedia article “Security Trust”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
Images, from Wikimedia Commons:
- Security trust in hollywood.jpg by Gb321, CC BY-SA 4.0
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