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...
by Greg Wasik | Oct 11, 2017 | Los Angeles Real Estate and Appraisal News
Southern California apartment rents are expected to keep climbing over the next two years, as employers continue to add jobs in the region, a USC forecast released Wednesday shows. In Los Angeles County, average rents in 2018 are forecast to hit $2,304, up 3% from the...
by Greg Wasik | Sep 30, 2017 | Los Angeles Real Estate and Appraisal News
…Some real estate executives in Texas are hoping to get rich quick with homes damaged by Hurricane Harvey.Longtime investor Ray Sasser detailed the strategy at a real estate conference in Houston this month: Buy up to 50 flooded homes for a fraction of what...
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