by Greg Wasik | Aug 8, 2016 | Los Angeles Real Estate and Appraisal News
…Celebrity architect Frank Gehry’s big residential and retail project on the Sunset Strip is a go. The city’s planning commission on Thursday voted unanimously to give final approval to a cluster of Gehry-designed buildings at 8150 Sunset Boulevard (at Crescent...
by Greg Wasik | Aug 5, 2016 | Los Angeles Real Estate and Appraisal News
…Something is happening downtown that would shock many renters living in an increasingly expensive Los Angeles: Some landlords are letting tenants live for free. Some construction lenders are growing more cautious, while a handful of landlords are cutting deals...
by Greg Wasik | Jul 25, 2016 | Los Angeles Real Estate and Appraisal News
…Los Angeles moved one crucial step closer Thursday to tightening city rules meant to stop mansionization – the phenomenon of big, boxy homes popping up on not-so-big lots. Neighborhood activists soon complained the rules were riddled with “loopholes” that...
by Greg Wasik | Jul 12, 2016 | Los Angeles Real Estate and Appraisal News
The market for real estate costing $10 million or more has been flooded just as market turmoil and government regulation have discouraged wealthy buyers. Even with every conceivable amenity, the eight- and nine-digit prices attached to trophy homes with helicopter...
by Greg Wasik | Jun 6, 2016 | Los Angeles Real Estate and Appraisal News
…The infamous Holmby Hills, California, estate — which listed for a whopping $200 million earlier this year — is now in contract to sell to its next-door neighbor, Daren Metropoulos, The Wall Street Journal reported. Metropoulos is a principal of the...
by Greg Wasik | Jun 3, 2016 | Los Angeles Real Estate and Appraisal News
…Hollywood producer Megan Ellison is planting roots for her production company, Annapurna Pictures. The producer of critically acclaimed films such as “Zero Dark Thirty” and “American Hustle” recently paid $40 million to purchase five contiguous buildings in...
by Greg Wasik | May 11, 2016 | Los Angeles Real Estate and Appraisal News
…Coming straight outta the Westside? Rapper, producer and actor Ice Cube is the buyer who popped $7.25 million for the Marina del Rey home of actor and martial artist Jean-Claude Van Damme. Built in 2011, the custom contemporary has features that include a home...
by Greg Wasik | Apr 13, 2016 | Los Angeles Real Estate and Appraisal News
…The newly built 10-bedroom estate in Holmby Hills is on property once owned by Barbra Streisand.The recently completed estate has 10 bedrooms and about 38,000 square feet of space spread across a main house and multiple guest houses, according to Coldwell...
by Greg Wasik | Mar 16, 2016 | Los Angeles Real Estate and Appraisal News
…A prime hillside plot in the Hollywood Hills, which includes the landmark Yamashiro restaurant, has sold to a Beijing company for nearly $40 million, the latest in a wave of Chinese investment sweeping Los Angeles. “Los Angeles is a fashionable city,” said JE...
by Greg Wasik | Jan 20, 2016 | Los Angeles Real Estate and Appraisal News
…Los Angeles will welcome the return of NFL football with the construction of a new 80,000-seat stadium complex and “NFL Disney World,” expected to become the world’s most expensive sports arena. The 300-acre development in Inglewood, a few...
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