by Greg Wasik | Oct 22, 2016 | Los Angeles Real Estate and Appraisal News
f the trophy home as far as the region’s real estate market goes. A newly built spec house in the Holmby Hills neighborhood has sold for $100 million — tying the recent deal for the Playboy Mansion as the most expensive residential sale ever in Los Angeles County....
by Greg Wasik | Oct 12, 2016 | Los Angeles Real Estate and Appraisal News
…An Orange County developer is proposing one of the most ambitious developments of the current real estate boom in downtown Los Angeles — a massive mixed-use complex with twin towers soaring 58 stories that would dramatically remake the largely low-rise Arts...
by Greg Wasik | Aug 31, 2016 | Los Angeles Real Estate and Appraisal News
…A legal battle had stopped Los Angeles from permitting new granny flats – and thrown hundreds of units already tucked behind local homes into limbo. As the city tries to sort out that dilemma, it has renewed a furious debate at City Hall over what homeowners...
by Greg Wasik | Aug 26, 2016 | Los Angeles Real Estate and Appraisal News
…The parent company of Louis Vuitton paid an eye-popping $122 million last month for the Bijan store on Rodeo Drive, public records show. The sale to LVMH Moët Hennessy Louis Vuitton is the latest high-profile deal on the Beverly Hills shopping street, which is...
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...
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