La Mirada
REAL ESTATE
Legendary Yamashiro Restaurant and Historic Landmark in Hollywood Hills Listed for $100 Million
The iconic Yamashiro restaurant, a historic gem in the Hollywood Hills, has been listed for sale with an asking price of $100 million. The 7.3-acre estate, situated at 1999 N Sycamore Ave in Los Angeles, commands a prime location overlooking the famed Magic Castle. Historic Property and Location. The Yamashiro...
42-Acre San Juan Property Breaks Orange County Housing Price Record at $150 Million
Breaking real estate records in Orange County, a rare 42-acre property in San Juan Capistrano hit the market in June for a listing price of $150 million. In the heart of San Juan near Marbella Country Club, Robert Maurer, the seller of “Casa Grande,” has been dreaming of the day to see the fruition of the estate be completed. The estate includes an existing 21,000-square-foot structure consisting of three apartments, offices, and storage space, which was completed in 2010. It also has permitted plans for a 38,000-square-foot main residence on a ridgeline with 360-degree views.
A Horror Filmmaker’s Former L.A. Home Just Hit the Market for $4.2 Million
If the walls of this historic Los Angeles house could talk, they’d probably begin with relating stories of what it was like to serve as a onetime gathering spot for German and Austrian intellectuals at the invitation of writer Franz Werfel and his socialite wife Alma, the widow of composer Gustav Mahler. They also might chatter a bit about the duo of Hollywood scions who once resided here—Dennis Hopper’s designer daughter Marin, who shared the place with her entrepreneurial husband John Goldstone, as well as Michael Landon’s youngest son Christopher, a horror filmmaker known for flicks like Disturbia and Happy...
Peek Inside Aussie Actor Jason Clarke's Beautiful Los Angeles Abode, Listed for $4M
Jason Clarke, an Australian actor, hopes a buyer will soon snag his longtime Los Angeles lair near Sunset Boulevard. It's available for $3,950,000. The midcentury modern home features five bedrooms, four baths, and nearly 3,000 square feet. Article continues below this ad. Built in 1964, the charming abode boasts modern...
'How I Met Your Mother' actor asking $3.85 million for Los Feliz home & other real estate news
Here's your rundown of Eastside real estate news. Ten new townhouse units are planned for 627 N. Juanita Ave., which is currently a vacant lot. The applicant is associated with Barth Partners, which is based out of Silver Lake. The City Planning Commission has rejected appeals against a pair of...
Spec Mansion Sale Marks Highest Deal in Palisades in Nearly Two Years
The Deal Was Made Within Just 18 Days on the Market. The sale of a luxurious property at 538 Chautauqua Blvd has set a new record for the Pacific Palisades area, fetching $32.3 million in just 18 days. This sale marks the highest transaction in the area for both 2023 and 2024.
Average Rate on 30-Year Mortgage Rises to 6.78%
LOS ANGELES (NEWSnet/AP) — Mortgage rates inched higher this week, keeping the average on a 30-year mortgage essentially flat and near the 7% range it has been for most of 2024. The rate rose to 6.78% from 6.77% last week, Freddie Mac said Thursday. A year ago, the rate...
EGC Real Estate Expands Apartment Project in Los Angeles to 224 Units, Utilizing New Density Bonus
Los Angeles-based developer EGC Real Estate has submitted revised plans for its mixed-use development, “West Terra,” located at 1828 S. Western Ave. in Harvard Heights. The changes, filed with the Los Angeles Planning Department last week, capitalize on the recently enacted Assembly Bill 1287 (AB 1287), which offers density bonuses for projects incorporating affordable housing.
Kidder Mathews Arranges $7M Sale of Multifamily Portfolio in Pasadena
Kidder Mathews is pleased to announce the sale of three multifamily properties located in Pasadena, California for a combined total of $7,000,000:. 174 North Mar Vista Avenue (12 units) sold for $2,674,000. The property was built in 1963 and boasts upgraded units with private patio areas and balconies. 151 North...
Councilwoman Traci Park Addresses Authority, Governance, and Housing Challenges Amid Lawsuit and Policy Debates
CURRENT: Is it safe to assume that you can’t comment on this ongoing lawsuit that was just filed by supporters of the developers of the Venice Dell project?. PARK: I can’t, and I shouldn’t. I am aware that it was filed. But as you know, we're in recess, and I have not been briefed. I don't want to prematurely say anything about it at this point, and I’m happy to revisit it when I have the green light to talk about it.
Lawsuit alleges that an affordable housing project in Venice Beach is being unlawfully blocked by city officials
A lawsuit filed on July 10, 2024 against the City of Los Angeles alleges closed-door sabotaging and unlawful blocking of Venice Dell, a fully-approved supportive and affordable housing project in Venice, California. Once completed, the project would provide 140 affordable apartments, 68 apartments for individuals and families experiencing homelessness, 34...
McMansions Still Proliferate In Los Angeles, Driving Up Housing Costs, Homelessness, and Climate Change
PLANNING WATCH - My Planning Watch columns at CityWatchLA began with a critical series about McMansions in my LA neighborhood, Beverly Grove. Years later, mansionization is still rampant, with at least four under construction at any given moment. To research these columns, I learned that mansionization is happening over the...
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