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Real Estate

REAL ESTATE NEWS

  • $475 million deal reflects Playa Vista's rise as a tech hub

    $475 million deal reflects Playa Vista's rise as a tech hub

    A mixed-use project envisioned as Playa Vista's downtown has been sold to a Dallas investment firm for a reported $475 million, cementing the master-planned community's rise as a residential neighborhood and technology hub. The steep price for Runway Playa Vista — a retail, residential and office...

  • Because CC&R amendments must involve owners, no notice is required after the vote

    Question: I'm a director on the board at my homeowner association. An attorney told us that Civil Code section 4360(c) requires a homeowner association to give formal notice to all titleholders within 15 days of voting to approve a proposed rule. But I can't find a provision that requires any notice...

  • A Lautner landmark in Palm Springs

    A Lautner landmark in Palm Springs

    The John Lautner-designed Elrod House — a Palm Springs landmark built for celebrated interior designer Arthur Elrod — reflects the architect's emphasis on embracing natural landscapes. Nine concrete triangles and clerestories form a radiating canopy over the living room and a pool terrace split...

  • Megan Fox and Brian Austin Green decouple from Toluca Lake home

    Megan Fox and Brian Austin Green decouple from Toluca Lake home

    Actors Megan Fox and Brian Austin Green, who are in the process of divorcing, have begun to unload their real estate assets. The estranged couple recently sold a home for $2.6 million in an off-market deal and put another on the market for $1.299 million. On the sale side, Fox and Green parted...

  • How to write a petition to remove homeowner association directors

    Question: Owners at our homeowner association are frustrated. For three years, we've been trying to recall our five-director board, fire the management company and obtain a forensic audit. The board's attorney and management either ignore our petitions or invalidate them. Directors laugh, "You...

  • A minimalist marvel in Venice

    A minimalist marvel in Venice

    This two-story contemporary with a minimalist design stands out from the crowd in Venice with block-pattern façade, walls of glass and a floating steel-and-walnut staircase. A steel bridge extends off the main house, crossing over an inner courtyard to a secondary master suite/guesthouse. A rooftop...

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HOME DESIGN IDEAS

  • Get rid of clutter and focus on joy: Advice from 'tidying freak' Marie Kondo

    Get rid of clutter and focus on joy: Advice from 'tidying freak' Marie Kondo

    Bestselling author and organization guru Marie Kondo writes of decluttering, organizing and cleaning house with the kind of fervor usually reserved for religious sermons and political rallies. Her internal fire has ignited a worldwide, cult-like following and inspired her second book, "Spark Joy,"...

  • The 6 basics you need to create a 'mud room' before El Niño hits

    The 6 basics you need to create a 'mud room' before El Niño hits

    Forecast to be one of the strongest on record, the effects of this winter's El Niño on Southern California has locals stocking up on umbrellas, parkas and, for the more fashion-conscious, stylish rain gear (hello, waterproof motorcycle boots). Now the dilemma is: Where to put everything when it's...

MORE REAL ESTATE NEWS

  • Napa estate of the late Robin Williams sells in all-cash deal

    Napa estate of the late Robin Williams sells in all-cash deal

    Four years after it first listed for sale, the Napa estate of late actor and comedian Robin Williams has sold for $18.1 million in an all-cash deal. The 640-acre property, called Villa Sorriso for "villa of smiles," returned to market two years ago for $29.9 million and was more recently listed...

  • Apartment builders woo the wealthy with over-the-top services

    Apartment builders woo the wealthy with over-the-top services

    During the height of last decade's housing boom in Los Angeles, developers drew up plans to place luxury condos on top of hotels. The pitch was not only the posh digs, but the hotel services wealthy owners would enjoy without having to leave the comforts of their living room. Now, some developers...

  • Home prices jump in L.A. and Orange counties -- and soar in San Francisco

    Home prices jump in L.A. and Orange counties -- and soar in San Francisco

    Home prices in Los Angeles and Orange counties jumped 6.2% in November compared with a year earlier, and prices in San Francisco kept soaring, according to results from the Standard & Poor's/Case-Shiller index released Tuesday. The Southern California numbers are higher than the national increase...

  • Towing scheme leaves distressed residents on the hook

    Towing scheme leaves distressed residents on the hook

    Question: Our homeowner association consists mostly of retirees and some renters coexisting peacefully for more than 17 years. An election just shifted power on the board and the new majority hired new management. Directors immediately changed parking rules, then voted to implement citation-violations...

  • On high ground in Lake Sherwood

    On high ground in Lake Sherwood

    This French country-style mansion sits at the highest point in the Lake Sherwood community, crowning a privately gated knoll of more than 5 acres. A two-story entry with a sweeping double staircase leads to formal dining and living rooms as well as to the home theater and wood-paneled office. Outdoors,...

  • John Legend and Chrissy Teigen make splashy purchase in Beverly Hills area

    John Legend and Chrissy Teigen make splashy purchase in Beverly Hills area

    Singer-songwriter John Legend and his wife, model Chrissy Teigen, have bought a familiar home in the Beverly Hills Post Office area for $14.1 million. The remodeled contemporary-style house on close to an acre was formerly owned by pop star Rihanna, who sold the property four years ago for $5.03...

  • Despite new law, homeowner association fines resident for using a clothesline

    Question: I was excited to learn California now allows residents to once again dry their laundry using personal outdoor clotheslines. My homeowner association's board of directors has instructed the management company to fine residents with visible clotheslines and confiscate the line. I've just...

  • A water-oriented Neutra in Tarzana

    A water-oriented Neutra in Tarzana

    The Scheimer house, on the market for the first time ever, was commissioned prior to Modernist architect Richard Neutra's death and completed by his son, Dion Neutra, in 1972. An indoor stream and waterfall feature are among water-centric characteristics of the post-and-beam design. Walls of floor-to-ceiling...

  • Emily Blunt and John Krasinski continue real estate shake-up

    Emily Blunt and John Krasinski continue real estate shake-up

    Actors Emily Blunt and John Krasinski are on the move again. The couple — who have had their rural retreat in Ojai up for sale since November — have put their contemporary-style house in Hollywood Hills West on the market for $8 million. Set behind gates on more than a third of an acre, the renovated...

  • Bixby Land's $49-million office building sale a sign 'it's not the old El Segundo'

    Developer Bixby Land Co. has sold an El Segundo creative office building for $49 million, a sale price that nearly doubled its investment — and underscores the city's ongoing evolution from an aerospace hub to a home for tech businesses. In recent years, developers have transformed old El Segundo...

  • Amendments to CC&Rs require notices to owners

    Question: I'm a director on the board of my association. We were told by an attorney that Civil Code section 4360(c) requires a homeowner association to give formal notice to all titleholders within 15 days of voting to approve a proposed rule. But I can't find a provision that requires any notice...

  • Sarah Palin seeks candidate for loaded desert retreat

    Sarah Palin seeks candidate for loaded desert retreat

    Former Alaska governor and vice presidential candidate Sarah Palin has listed her gated estate in Scottsdale, Ariz., for sale at $2.499 million. The nearly 8,000-square-foot home, built in 2001, is set at the end of a wraparound driveway. The main house is a blend of Santa Barbara, Tuscan and Spanish...

  • New-look contemporary in the 90210

    New-look contemporary in the 90210

    This 1920s Mediterranean was taken down to the studs and reimagined in a contemporary style trimmed with Old World undertones. A two-story foyer topped by a massive skylight and a glass-enclosed cigar lounge with a controlled ventilation system are among features of the new-look residence. Location:...

  • Association manager tells directors what to say and how to vote during board meetings

    Question: Our homeowner association manager inserts herself into board meetings, then controls what goes on. Three majority board directors are responsible for hiring her; together they dominate operations and association finances for over 650 units. With her help these directors get kickbacks...

  • Elegant Cape Cod style in Studio City

    Elegant Cape Cod style in Studio City

    Arched double doors open to a foyer with soaring ceilings and marble flooring at this elegant Cape Cod-inspired two-story in Studio City. An entertainment area at the back of the newly built home takes in a covered outdoor living space and a swimming pool with spa that leads to a guesthouse. Location:...

  • Sylvester Stallone puts La Quinta home into the ring

    Sylvester Stallone puts La Quinta home into the ring

    Sylvester Stallone has put his desert home in a gated La Quinta community into the ring for $4.199 million. Set on nearly half an acre, the 2008 villa combines Spanish and Mediterranean elements. Details include interior wood shutters, wood ceilings and granite slab counters. A great room, an entertainment...

  • Association employee was forced to present falsified documents as evidence

    Question: I manage a very large homeowner association in Southern California. Homeowners make legitimate requests to access association budgets, financial statements, bank accounts, minutes, reports, accounts payable and receivables, assets, liabilities and more. The board tells me not to comply...

  • Home of the Week: A stylish nest for Robert Byrd lovers

    Home of the Week: A stylish nest for Robert Byrd lovers

    This Studio City home with a guesthouse displays many of the details associated with architect Robert Byrd, who focused on indoor-outdoor living while combining such eclectic styles as California Ranch, Midcentury Modern and Farmhouse. Wood-beamed ceilings, the use of brick and ample patio and...

  • Association directors refuse to believe homeowner is 'invisibly disabled'

    Association directors refuse to believe homeowner is 'invisibly disabled'

    Question: I live in a homeowner association where the manager and board directors insist I am not blind because they can see my eyes. Seven years ago, I was prescribed daily-use eyedrops that caused serious eye damage. I was declared permanently disabled. My life consists of sitting in a chair...

  • Five Picasso murals are part of castle for sale in the south of France

    Five Picasso murals are part of castle for sale in the south of France

    Five murals by influential 20th century artist Pablo Picasso are part of a castle for sale in the south of France at about $9.6 million U.S. Chateau de Castille, near Uzes, owes its treasure to onetime owner Douglas Cooper. The art collector and scholar was a friend to the Spanish Cubist, and the...

  • A century-old Italian Revival in South Pasadena

    A century-old Italian Revival in South Pasadena

    The Italian Revival May House in South Pasadena was built more than a century ago for local investor and banker Ernest H. May. A leaded-glass entry, wainscoting and a decorative Batchelder tile fireplace are among the period details. Location: 401 Oaklawn Ave., South Pasadena 91030 Asking price:...

  • Clipper Chris Paul buys Calabasas estate for $8.995 million

    Clipper Chris Paul buys Calabasas estate for $8.995 million

    L.A. Clipper Chris Paul may be moving his basketball shoes from the Westside to Calabasas. The star point guard, who bought the Bel-Air home of singer-songwriter Avril Lavigne three years ago, has paid $8.995 million for an estate in a guard-gated community popular among celebrities and professional...

  • Excluding a director from a meeting is a breach of fiduciary duty

    Question: Our condominium board of directors intentionally excluded a director from attending a finance committee meeting, which she was entitled to attend. At the annual meeting, the president said it was done because the board was discussing personnel compensation. No such matters were discussed...

  • Three noted architects shaped a Midcentury Modern in Hollywood Hills

    Three noted architects shaped a Midcentury Modern in Hollywood Hills

    This Midcentury Modern house in Hollywood Hills is named the Millard Kaufman residence for its one-time owner, who was a screenwriter, an author and the co-creator of the cartoon character Mr. Magoo. A trio of notable architects left their marks on the two-story post-and-beam house, which features...

  • Scott Disick keeping up with NBA star Russell Westbrook

    Scott Disick keeping up with NBA star Russell Westbrook

    In an off-court pass of sorts, reality television personality Scott Disick has sold a contemporary-style home in the Beverly Crest area to Oklahoma City Thunder guard Russell Westbrook for $4.65 million outside the Multiple Listing Service. Disick bought the residence, rebuilt and expanded by the...

  • Why Chanel paid a record price for its Rodeo Drive location

    Why Chanel paid a record price for its Rodeo Drive location

    Lofty price tags are the norm on Rodeo Drive, but one still managed to raise eyebrows on the swanky Beverly Hills street this week. French luxury retailer Chanel bought the Rodeo Drive store it's been leasing for $152 million, or $13,217 a square foot, a record price on a square-foot basis for...

  • A sprawling waterfront lodge in Lake Arrowhead

    A sprawling waterfront lodge in Lake Arrowhead

    Set amid towering pines, this contemporary-style wood-and-stone mountain lodge sits on 1 1/2 acres along Lake Arrowhead. A walkway leads across the lawn to a sandy beach and two docks. Inside, a dramatic two-story-plus living room has vaulted beamed ceilings, a wall of windows and a massive stone...

  • Bruno Mars wraps up a year's worth of realty deals with home sale

    Bruno Mars wraps up a year's worth of realty deals with home sale

    Grammy winner Bruno Mars has sold his Hollywood Regency-style contemporary along the border of Studio City and Hollywood Hills West for $3,347,500 in an off-market deal. Fronting a 10-vehicle motor court, the 1964 home has an imposing facade with stone columns flanking 11-foot-tall frosted glass...

  • Singer Sarah McLachlan lists her custom retreat in Canada

    Singer Sarah McLachlan lists her custom retreat in Canada

    Singer-songwriter Sarah McLachlan has listed her retreat in Whistler, Canada, for sale at about $10.1 million or 13.5 million in Canadian dollars. The mezzo-soprano and pianist was involved in the building, design and finish selections for the custom house, which sits on 4.3 acres in the Stonebridge...

  • A Craftsman estate filled with light

    A Craftsman estate filled with light

    This Craftsman estate in the Brentwood Park area has the rafter tails and heavy beams that characterize the style, while walls of windows bring in light and views of the park-like setting. Steppingstones lead across the lawn to a rustic garden house designed by noted Santa Monica architect John...

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