LA real estate

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Tides Equities co-founder seeks to flip Brentwood estate for $26M

Sean Kia seeks substantial profit from a Brentwood estate amid Tides Equities' financial struggles.

Investor who bought Kanye's Malibu home makes lowball offer for Diddy's 'Freak Off' mansion

Sean Combs' mansion has received a $30 million offer, significantly below its listing price of $61.5 million, amidst his ongoing legal issues.

Hollywood Hills spec mansion designed by Paul McClean asks $29M

The Hollywood Hills real estate market is currently experiencing a surge in luxury property listings, showcasing modern designs and upscale amenities.

Lizzo Lists Her Modern Beverly Hills Mansion for $16 Million

Lizzo has listed her Beverly Hills property for $15.99 million after acquiring it for $15 million just a year ago.

Jamison-owned office building in Encino could head to receivership

Lenders have initiated court proceedings to appoint a receiver for The Atrium due to Jamison Properties' loan default.

Hollywood historic Harry Warner estate hits market for $35M

Daphna Ziman intricately restored the historic Harry Warner Estate, aiming to preserve its significance while modernizing its elegance for a potential sale.

Tides Equities co-founder seeks to flip Brentwood estate for $26M

Sean Kia seeks substantial profit from a Brentwood estate amid Tides Equities' financial struggles.

Investor who bought Kanye's Malibu home makes lowball offer for Diddy's 'Freak Off' mansion

Sean Combs' mansion has received a $30 million offer, significantly below its listing price of $61.5 million, amidst his ongoing legal issues.

Hollywood Hills spec mansion designed by Paul McClean asks $29M

The Hollywood Hills real estate market is currently experiencing a surge in luxury property listings, showcasing modern designs and upscale amenities.

Lizzo Lists Her Modern Beverly Hills Mansion for $16 Million

Lizzo has listed her Beverly Hills property for $15.99 million after acquiring it for $15 million just a year ago.

Jamison-owned office building in Encino could head to receivership

Lenders have initiated court proceedings to appoint a receiver for The Atrium due to Jamison Properties' loan default.

Hollywood historic Harry Warner estate hits market for $35M

Daphna Ziman intricately restored the historic Harry Warner Estate, aiming to preserve its significance while modernizing its elegance for a potential sale.
morereal-estate
#commercial-real-estate

Warehouse law pushes developers to look at far-flung Inland Empire sites

New law AB 98 affects warehouse development, potentially increasing approved project values and shifting construction toward desert regions.

CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerage

Laurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.

Downtown Los Angeles office tenants decamp for suburbs

Office tenants in Downtown LA are relocating to safer areas like Century City and Pasadena, reducing their presence in Downtown.

Banks buck downsizing trend, re-up for 300K sf in Irvine

Three banks renewed significant office leases in Irvine, defying local downsizing trends.
The commercial real estate market is experiencing challenges, despite some banks committing to larger office spaces.
Overall leasing activity for large office spaces in Orange County has decreased significantly this year.

Warehouse law pushes developers to look at far-flung Inland Empire sites

New law AB 98 affects warehouse development, potentially increasing approved project values and shifting construction toward desert regions.

CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerage

Laurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.

Downtown Los Angeles office tenants decamp for suburbs

Office tenants in Downtown LA are relocating to safer areas like Century City and Pasadena, reducing their presence in Downtown.

Banks buck downsizing trend, re-up for 300K sf in Irvine

Three banks renewed significant office leases in Irvine, defying local downsizing trends.
The commercial real estate market is experiencing challenges, despite some banks committing to larger office spaces.
Overall leasing activity for large office spaces in Orange County has decreased significantly this year.
morecommercial-real-estate

Slamdance Announces 2025 Lineup and Venues for Move to Los Angeles

Slamdance has announced its 2025 lineup and venues for its move to Los Angeles.
#los-angeles

LA's mansion tax comes to collect from nonprofit home builders

The mansion tax, intended to fund affordable housing, is harming nonprofits by imposing unexpected fees that hinder their development projects.

Relevant Group moves from Hollywood hotels to DTLA multifamily

Relevant Group is set to build a 531-unit apartment complex next to the historic Morrison Hotel, emphasizing affordable housing.

Money for LA market's luxury home contracts jumps to $140M

Luxury homes under contract in L.A. County saw a rebound in dollar volume after three weeks of decline.

Leo Pustilnikov cuts janitors and security at Skid Row housing in LA

Tenants of Skid Row properties complain of deteriorating living conditions under new owner Leo Pustilnikov.
Expectations of improved living conditions after acquisition have not been met, leading to increased tenant distress.

Rents slip as luxury apartments sit vacant in LA County

Vacancies in luxury apartments hit 13.1% despite lower overall renters in Los Angeles County, signaling a potential affordability crisis.

East End Studios expands LA soundstages despite industry doldrums

East End Studios is expanding aggressively in L.A. amidst industry uncertainties, focusing on long-term demand for soundstages.
Their purpose-built studios are designed to meet modern production workflows, attracting high-profile clients.

LA's mansion tax comes to collect from nonprofit home builders

The mansion tax, intended to fund affordable housing, is harming nonprofits by imposing unexpected fees that hinder their development projects.

Relevant Group moves from Hollywood hotels to DTLA multifamily

Relevant Group is set to build a 531-unit apartment complex next to the historic Morrison Hotel, emphasizing affordable housing.

Money for LA market's luxury home contracts jumps to $140M

Luxury homes under contract in L.A. County saw a rebound in dollar volume after three weeks of decline.

Leo Pustilnikov cuts janitors and security at Skid Row housing in LA

Tenants of Skid Row properties complain of deteriorating living conditions under new owner Leo Pustilnikov.
Expectations of improved living conditions after acquisition have not been met, leading to increased tenant distress.

Rents slip as luxury apartments sit vacant in LA County

Vacancies in luxury apartments hit 13.1% despite lower overall renters in Los Angeles County, signaling a potential affordability crisis.

East End Studios expands LA soundstages despite industry doldrums

East End Studios is expanding aggressively in L.A. amidst industry uncertainties, focusing on long-term demand for soundstages.
Their purpose-built studios are designed to meet modern production workflows, attracting high-profile clients.
morelos-angeles

Jim Carrey's 2-acre Brentwood ranch house goes into contract

Estate with asking price of $19.8 million was last week's top home under contract in Los Angeles County.

Acre Homes Secures Over $10MM in Venture Funding to Transform Single-Family Housing

Durham, NC December 2024 Acre Homes, a tech-enabled real estate startup, has raised over $10 million in venture capital to fuel its expansion in the

Magnitude 2.8 earthquake jolts Southern California

The Los Angeles area experienced a magnitude 2.8 earthquake, indicating ongoing seismic activity and concerns about building safety in the affected neighborhoods.

SoCal landlords pilloried online for asking too much rent

Rising rent prices in Southern California are sparking online backlash from potential renters who engage in 'rent shaming' to criticize landlords.
#affordable-housing

Thrive expects 15% savings with modular apartments in Chinatown

Thrive Living's modular construction in Chinatown aims to cut costs while providing affordable housing options.

Norwalk gives nod to 32-acre transit housing village

Norwalk plans to convert a former youth jail into a vibrant 32-acre retail and residential village, emphasizing affordable housing and community spaces.

Landmark eyes 12-story student housing near UCLA

Landmark Properties is increasing the height of its planned Westwood apartment building to better serve the student housing market.

How affordable in Long Beach?

West Hollywood Community Housing plans a 73-unit affordable apartment complex in Long Beach, enhancing local housing options.
The project includes essential amenities and underground parking, with construction expected to start in Fall 2024.

Fisch unveils 12-story builder's remedy project in Beverly Hills

Fisch Properties is developing a 12-story apartment building in Beverly Hills using a builder's remedy to bypass local zoning laws while ensuring affordable housing.

LA rezoning fails to take feasibility into account, UCLA report finds

Los Angeles is not meeting the state's housing goal, with current production at only a third of the requirement.

Thrive expects 15% savings with modular apartments in Chinatown

Thrive Living's modular construction in Chinatown aims to cut costs while providing affordable housing options.

Norwalk gives nod to 32-acre transit housing village

Norwalk plans to convert a former youth jail into a vibrant 32-acre retail and residential village, emphasizing affordable housing and community spaces.

Landmark eyes 12-story student housing near UCLA

Landmark Properties is increasing the height of its planned Westwood apartment building to better serve the student housing market.

How affordable in Long Beach?

West Hollywood Community Housing plans a 73-unit affordable apartment complex in Long Beach, enhancing local housing options.
The project includes essential amenities and underground parking, with construction expected to start in Fall 2024.

Fisch unveils 12-story builder's remedy project in Beverly Hills

Fisch Properties is developing a 12-story apartment building in Beverly Hills using a builder's remedy to bypass local zoning laws while ensuring affordable housing.

LA rezoning fails to take feasibility into account, UCLA report finds

Los Angeles is not meeting the state's housing goal, with current production at only a third of the requirement.
moreaffordable-housing

Los Angeles vs San Diego: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

Los Angeles offers a vibrant lifestyle with high housing costs, while San Diego provides a more relaxed atmosphere and scenic coastal living.

Real estate investors scramble for gold in the Mojave Desert

California's Mojave desert is experiencing a new gold rush spurred by high gold prices, revitalizing interest in historic mining towns.

Fullerton under the gun to approve state housing plan

Fullerton may lose $2 million in state funds for failing to certify a housing plan by January.
The city has continued to miss multiple deadlines to meet state housing requirements.

She gave her drab L.A. apartment a stunning makeover for $2,500

Mary Kenny creatively transforms her small apartment with secondhand items, showcasing her unique design style and humor amid rental market challenges.

Solutions: Harris promised 3 million new homes. States might actually make it happen

Legislators are committed to addressing the housing crisis despite the challenges faced during the pandemic and economic fluctuations.

Breaking: Nuys Fire reported in Los Angeles County on Dec. 1

A new wildfire, named Nuys, was reported in Los Angeles County, with unknown containment and cause as of now.

Dickies to move HQ from Texas to Southern California

Dickies is relocating its headquarters to Costa Mesa, California, to consolidate operations with Vans and enhance collaboration among employees.

FRIEZE LOS ANGELES REVEALS PLANS FOR 2025 EDITION

The organizers of Frieze Los Angeles have announced the galleries expected to participate in the event's sixth iteration, from February 23-26, 2025.

Awe-Inspiring $100 Million Legacy Compound That Could Smash Big Sur Sales Record Is the Week's Most Expensive Home

The Heart of Rancho Rico is listed at $100 million, marking it as the most expensive home available this week.
#luxury-real-estate

Live Next Door to Donald Trump! $78.5 Million Compound Near Mar-a-Lago Becomes One of the Week's Most Expensive Homes

The housing market offers unique and luxurious properties for wealthy buyers, including high-profile estates and expansive compounds.

Lin He aspires to flip Corona del Mar mansion for $50M

Lin He's luxurious flip of a mansion highlights significant renovations and a keen understanding of market desires for contemporary yet nostalgic home designs.

Live Next Door to Donald Trump! $78.5 Million Compound Near Mar-a-Lago Becomes One of the Week's Most Expensive Homes

The housing market offers unique and luxurious properties for wealthy buyers, including high-profile estates and expansive compounds.

Lin He aspires to flip Corona del Mar mansion for $50M

Lin He's luxurious flip of a mansion highlights significant renovations and a keen understanding of market desires for contemporary yet nostalgic home designs.
moreluxury-real-estate

Burning tree in South Los Angeles leads firefighters to a grim discovery

A body was discovered at a tree fire in South Los Angeles, prompting an investigation into the suspicious circumstances of the death.

Southern California has a million homes worth $1M or more

In Los Angeles, Orange, San Diego, Riverside and San Bernardino counties, 28% of houses have seven-figure values.

'Real Housewives of Miami' Star Lea Black's $37.5 Million Star Island Megamansion Scores a Plum Spot on Most Expensive Homes List

The Delray Beach estate showcases oceanfront luxury and remains priced at $74 million, highlighting its status in the market.

Modest rent hikes ahead in Southern California, USC forecasts

Rents in Southern California are projected to increase as multifamily construction fails to meet demand.
from Irish Independent
1 month ago

More than 10,000 people forced to evacuate in Los Angeles as out-of-control wildfire burns homes

Over 10,000 people were evacuated due to a wildfire fueled by strong winds in the hills near Los Angeles.

Step inside $177M Los Angeles villa with retractable roof for stargazing in primary suite

Developer Ardie Tavangariani puts new Los Angeles estate on real estate market, a 35,000-square-foot Bel-Air home listed for $177 million.

Westside houses account for nearly half of LA's mansion tax sales

Measure ULA has fallen significantly short of its revenue projections, raising under half of the anticipated funds.
The tax disproportionately impacts affluent West L.A. neighborhoods, where the majority of sales occur.

Your guide to obscure but important L.A. city charter amendments and county ballot measures

Charter Amendment FF aims to enhance retirement benefits for officers in smaller L.A. police departments.
#urban-development

After a century, concrete plant that helped build L.A. makes way for a deluxe tower

The Cemex concrete plant in West Hollywood ceased operations to make way for a new apartment tower, highlighting urban development changes.

City cites wildfire risk, axes $500M resi project in Anaheim Hills

The City of Anaheim rejected a proposed luxury apartment complex over wildfire safety concerns.

After a century, concrete plant that helped build L.A. makes way for a deluxe tower

The Cemex concrete plant in West Hollywood ceased operations to make way for a new apartment tower, highlighting urban development changes.

City cites wildfire risk, axes $500M resi project in Anaheim Hills

The City of Anaheim rejected a proposed luxury apartment complex over wildfire safety concerns.
moreurban-development

Jamison and Arc Capital to convert Koreatown offices into homes

Jamison Services is converting an office building in Koreatown into 236 residential units, marking its 10th adaptive reuse project.

Josh and Heather Altman quit Million Dollar Listing Los Angeles

Josh and Heather Altman have left Million Dollar Listing Los Angeles to focus more on family and their new real estate agency.
Their departure signals a significant shift after 14 years and over $7 billion in real estate sales.
from Los Angeles Times
1 month ago

Photos: Dodgers fans take to the streets after they defeat the Yankees for their 8th World Series title

The Dodgers' World Series win ignited celebrations that escalated tensions, resulting in law enforcement interventions.

Douglas Elliman's California business caught in legal crossfire

Douglas Elliman is facing lawsuits for alleged kickbacks and unethical practices that favor specific agents, particularly the Altman Brothers.

Jason Oppenheim takes another crack at Clear Cooperation

Jason Oppenheim calls for an honest dialogue about the Clear Cooperation Policy, emphasizing fairness and clarity over corporate interests.

VA appeals court order to build more homes at West LA campus

The VA plans to appeal a court ruling mandating it to construct veterans' housing at the West L.A. campus, citing financial concerns.

Barbie effect as Mattel adds 60K sf in El Segundo

Mattel is expanding its studio operations with a new office in El Segundo, enhancing capabilities and supporting future film projects.

Federal judge denies UCLA bid to delay affordable housing

Immediate action is required to provide housing for homeless veterans at the VA campus as winter approaches.
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