The village was built as a shopping and cinema precinct to serve the adjacent University of California, Los Angeles (UCLA).

This dome ranks alongside the white Spanish Revival/Moderne tower of the Fox Theater as an iconic landmark of Westwood Village.

[6] In 1971, the Paramount Securities Corporation (Michael & Elliot Lewis) purchased the property from Bank of America.

A cupola was placed on the dome, and an original Sir Richard Wallace fountain, dated 1872 (French), was added to the patio.

[7] The Janss Investment Company Building was dedicated a Los Angeles Historic-Cultural Monument on June 21, 1988 (No.