#long-beach-property

#long-beach-property

To find a building with this scale, flexibility, and existing group housing use in such a prime location is extraordinarily rare.

Laguna Beach takes its history and cultural heritage seriously—from the earliest Western settlers who set up artist studios, to our Indigenous peoples who made this special place home thousands of years ago.

Demetrius Doukoullos was an esteemed luxury residential developer, predominantly focused on the Hermosa Beach and Manhattan Beach communities, and was found murdered under mysterious circumstances.

In a widely cited (and likely apocryphal) exchange the bewildered conductor cried, 'But there's nothing here!' Alighting the stopped train, one of the Standard Oil men is said to have replied: 'No, but there will be.' Nothing is precisely what they were looking for. They needed a blank space along the coast on which to build a refinery to complement the company's existing facility nearly 400 miles to the north in Richmond.

Roughly one in six California houses is owned by someone who doesn't live there but investors' market clout varies across the state. That's what my trusty spreadsheet found after reviewing a BatchData report that found investors of all sizes own 1.28 million houses statewide 17% of California's supply of houses and townhomes. Investors in this study include everything from giant companies controlling thousands of houses to folks with a small collection of rentals to short-term rental operators to people with a second home.