Report Sparks Concerns for Real Estate Development in Southern California By Dolores Quintana The University of Southern California’s Lusk Center for Real Estate predicts an upward trajectory in multifamily rents across Southern California over the next two years, signaling potential hurdles for commercial real estate financing. The 2023 USC Casden Real Estate Economics Forecast analyzes […]
Frank Sinatra’s former Chatsworth, CA, estate is now listed for $8,995,000. That’s a price cut of more than $3 million since it hit the market last year, but the listing also has a reduced number of acres compared to the previous offering. (The adjacent acreage is available for separate purchase.) Situated in a suburb of […]
Nesrin had been pounding garlic all morning, but the pestle’s blunt thwack grew louder when she started talking about Syria. From 2010 to 2014, she marched in the revolution there. “Everyone conspired to kill the civil rights movement,” she said. Nesrin (who asked not to use her last name to protect family still in Syria) […]
A key member of the Los Angeles City Council has shed light on how backers of the Measure ULA property transfer tax deliberately pitched it as a soak-the-rich levy on luxury homes even though it was also aimed at commercial properties such as office buildings, shopping centers and industrial warehouses, the Chicago Tribune reported. “It […]
Prospective buyers in some parts of Southern California are seeing a little relief when it comes to housing prices, new data suggests. According to the California Association of Realtors, the median price of a single-family home across the entire state for Oct. 2023 was $840,360, signifying a 0.4 percent decrease from September’s $843,340. Locally, Ventura […]
There isn’t a one-size-fits-all approach to selling a house in Los Angeles. While most homeowners hire a real estate agent, others opt to sell their houses themselves. Another option? Working with a “we buy houses” company. These businesses speed up the home sale process by making quick, all-cash offers for houses, which is great if […]
Southern California home prices are nearing a record high at a time of sky-high mortgage rates, a double blow that’s hammering housing affordability across the region. In October, the average home price for the six-county region climbed 0.12% to $831,080, according to data from Zillow. It was the eighth consecutive monthly increase, leaving prices just […]
Boston-based real estate private equity firm Longpoint has acquired three industrial buildings in Los Angeles County totaling 321,479 square feet. They include the 15-building John Reed Commerce Center in City of Industry and 2854 Supply Ave. and 6480 Corvette St., both located in Commerce. Deal terms weren’t disclosed, although Longpoint said all three properties were acquired at […]
The foyer. (Photo by Bowman Media Group) The living room. (Photo by Bowman Media Group) The former library is now another living room. (Photo by Bowman Media Group) The family room off the kitchen. (Photo by Bowman Media Group) The kitchen. (Photo by Bowman Media Group) The primary bedroom. (Photo by Bowman Media Group) The […]
The foyer. (Photo by Bowman Media Group) The living room. (Photo by Bowman Media Group) The former library is now another living room. (Photo by Bowman Media Group) The family room off the kitchen. (Photo by Bowman Media Group) The kitchen. (Photo by Bowman Media Group) The primary bedroom. (Photo by Bowman Media Group) The […]
Former “Real Housewives of Orange County” cast member Elizabeth Lyn Vargas has put her 2-acre La Quinta polo estate on the market for just under $9 million. (Composite by Sandra Barrera, Southern California News Group; Inset: Yavir Ramawtar/Bravo; House: Bowman Media Group) The foyer. (Photo by Bowman Media Group) The living room. (Photo by Bowman […]
Former “Real Housewives of Orange County” cast member Elizabeth Lyn Vargas has put her La Quinta Polo Estates home on the market after a complete renovation for $8.995 million. The list price is nearly triple the $3 million she paid for it in February 2021, records show. “My blood, sweat and tears have gone into […]
Consumers receive agent-level data and support online and can save up to 1.5% of the traditional real estate commission SAN FRANCISCO, November 14, 2023–(BUSINESS WIRE)–Aalto, the online alternative to traditional agents, today announced the launch of its digital buying platform in Los Angeles. Designed to streamline the home-buying process and maximize buying power for buyers, […]
2823 Highview Avenue in Altadena, California, is currently listed for $1,349,000 by Brien Varady of DPP Real Estate. “This exceptional residence is nestled on Highview Avenue, and it’s part of the coveted historic Park Planned Homes development of Altadena. Designed in 1947, these 28 homes reflect the pioneering spirit of Ain’s work featuring distinctive midcentury-modern […]
2823 Highview Avenue in Altadena, California, is currently listed for $1,349,000 by Brien Varady of DPP Real Estate. “This exceptional residence is nestled on Highview Avenue, and it’s part of the coveted historic Park Planned Homes development of Altadena. Designed in 1947, these 28 homes reflect the pioneering spirit of Ain’s work featuring distinctive midcentury-modern […]
The listings also include a Rummer home in Oregon, an award-winning London estate designed by John Fowler, and the Oakland residence of jazz legend Dave Brubeck. Long clerestory windows allow plenty of natural light to shine into the main living spaces. Each week we round up the latest must-see homes that have just gone up […]
PACIFIC PALISADES, CA — With a median listing price of $3.4 million, the real estate market in the Palisades’ 90272 zip code is the second-most expensive in the city of Los Angeles and among the top-25 priciest zip codes in the entire U.S., according to a new report from the home buying website Realtyhop. Realtyhop […]
Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, is expanding in Southern California. With established offices in Sacramento, San Francisco and San Diego, the company has opened doors in West Los Angeles and Orange County. The new offices are located at 12100 Wilshire Blvd. in West […]