by Christine Nguyen | Aug 30, 2020 | Los Angeles Real Estate and Appraisal News
Once listed for $1 billion, “The Mountain,” a property at 1652 Tower Park Drive in Beverly Hills, aptly named for its breathtaking and panoramic views from Downtown Los Angeles to the Pacific Ocean and excessive size encompassing 157 acres (twice the size of...
by Greg Wasik | May 11, 2020 | Los Angeles Real Estate and Appraisal News
While the COVID-19 crisis has put the brakes hard on the real estate market, deals are still getting done especially with interest rates at all times lows. However, lenders are raising their standards for loan approvals which will lead to less approvals in the current...
by Jen Case | Mar 5, 2020 | Los Angeles Real Estate and Appraisal News
Southern California home prices increased in January from the previous year as buyers competed over a limited supply of homes for sale across the six counties. The area’s median price came in at $533,000, which was 6.6% higher than in January of 2019, and is the...
by Jen Case | Feb 13, 2020 | Los Angeles Real Estate and Appraisal News
The Cliffs, a new small lot subdivision in Echo Park, is almost complete. The community located at 1830 N. Glendale Boulevard consists of eighteen single-family residences with a mix of two-bedroom floor plans between 1,408 and 1,774 square feet. All the homes have...
by Jen Case | Nov 1, 2019 | Los Angeles Real Estate and Appraisal News
The $2.5 billion Century Plaza development is finally set to be completed in the spring of 2021. The project is centered around the landmark crescent-shaped hotel that has hosted rock stars and presidents since the 1960s. The fate of the property has been uncertain...
by Greg Wasik | Jul 5, 2019 | Los Angeles Real Estate and Appraisal News
After an extended period of time where the maximum rent increase for rent controlled apartments has been 3%, starting July 2019 the increase will be 4% as the allowable increase is tied to inflation which has risen slightly recently. [Note – if your landlord...
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