by Greg Wasik | Mar 1, 2018 | Uncategorized
..Snapchat has put 14 of its Venice Beach office locations totaling 163,000 square feet up for sublease as it moves to consolidate those offices into Santa Monica. Snap Inc. was founded in Venice and for years has operated as a company without an official centralized...
by Greg Wasik | Feb 28, 2018 | Uncategorized
…The median home price in Southern California hit $507,000 in January, up 11.4% from a year earlier, but slightly below the record set in December of $509,500 Home prices in Southern California jumped 11.4% in January — the largest year-over-year gain in 44...
by Greg Wasik | Feb 12, 2018 | Los Angeles Real Estate and Appraisal News
1. The biggest sale of the year was the off-market sale of 454 Cuesta Way in Bel Air for $88 million. The hip-hop power couple, Jay-Z and Beyoncé, purchased the newly built mansion in August. The contemporary property includes six structures of 30,000 square feet of...
by Greg Wasik | Feb 3, 2018 | Los Angeles Real Estate and Appraisal News
gendary Pictures founder Thomas Tull is seeking $85 million for his Thousand Oaks home, which features seven structures and a working organic farm. Tull began assembling the hilltop compound seven years ago, acquiring three parcels on the same cul-de-sac in separate...
by Greg Wasik | Jan 19, 2018 | Uncategorized
As it forges ahead into original programming, Apple Inc. will elevate its physical presence in Hollywood in a significant way by planting a flag in Culver City. The Cupertino, Calif., tech giant will lease an entire building at 8777 Washington Blvd., near Culver...
by Greg Wasik | Jan 19, 2018 | Uncategorized
In Los Angeles, where a very hot housing market shows no signs of slowing, nearly 40 percent of homes now sell above asking price, according to a report from Zillow. Across the country, nearly one-quarter, or 24 percent, of homes sold above the price that the owners...
by Greg Wasik | Dec 28, 2017 | Uncategorized
…Southern California home prices surged 8.6% in November compared with a year earlier, tying an all-time high that underscores a tight housing market with few properties for sale, according to a report released Wednesday. The six-county region’s median home...
by Greg Wasik | Dec 21, 2017 | Los Angeles Real Estate and Appraisal News
“The onetime Bel-Air home of “Transformers” producer Michael y has sold for $41 million. After Bay sold the property in 2014, the Jack Warner-designed contemporary underwent an extensive renovation and was expanded to 15,000 square feet, or about...
by Greg Wasik | Nov 27, 2017 | Los Angeles Real Estate and Appraisal News
The multiple opening of new fancy apartments in Downtown LA have increased the neighborhood’s vacancy rate to its highest level in 16 years. It’s now 12%, the highest recorded by real estate data firm CoStar since 2000, KPPC reported today. With the high number of...
by Greg Wasik | Oct 16, 2017 | Los Angeles Real Estate and Appraisal News
Four contiguous properties on N. Canon Drive just hit the market for $100 million, per The Real Deal . As a whole, the property provides 200 feet of frontage, comprised of four individual 50-foot parcels. Gensler-designed renderings in listing materials suggest a...
Recent Comments