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Month: December 2018

Call it a duuuuude ranch: John Wayne’s former property marketed as potential pot farm

From left: Rancho Pavoreal, John Wayne (Credit: Weichert, Getty Images) Legend has it that movie legend John Wayne smoked as many as a half a dozen packs of cigarettes a day. Now, a ranch once owned by the Duke could produce a ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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Former home of Eddie Murphy sells after major price chop

Eddie Murphy (Credit DeCaro Auctions International, Getty Images) A California home once owned by funny man Eddie Murphy has sold for $5.5 million, almost half of its original asking price — and that’s not a joke. The Granite Bay home ...

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  • 15 Dec
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: A “Mad Men” home once rented by Sinatra, Monroe hits market, Cecil B. DeMille’s former workspace for sale and more…

From left: Frank Sinatra, Nate Berkus, Marylin Monroe, and Cecil DeMille (Credit: Wikipedia, Getty Images, and iStock) This week’s crop of celebrity residential trades and listings featured ties to Hollywood legends, the whiff of a ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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The Agency expands to Aventura, Coral Gables

Chris Franciosa, Mauricio Umansky, Jared Ringel and 20900 NE 30th Avenue, Aventura (Credit: Ten-X Commercial) The Agency is opening offices in Miami-Dade County and expanding its new development division. The Beverly Hills-based ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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Bolour buys Warner Center commercial site with plan for residential complex

Bolour Associates CEO Mark Bolour and 21200 Oxnard Street Bolour and Associates has picked up a three-acre commercial property in Woodland Hills with strong development potential. The Beverly Hills firm did not disclose what it paid ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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Local developer plans to convert Beverly Grove structure into apartments

Vacant Retail Building in Beverly Grove (Credit: iStock) A local developer has filed plans to convert a vacant building in Beverly Grove into a 57-unit apartment complex. Uncommon Developers, a Los Angeles firm run by Ryan Hekmat, ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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West Hollywood sues Korman and Brookfield over extended-stay rentals

West Hollywood Mayor John Duran and the 8500 Sunset Boulevard (Credit: Jay Luchs) The City of West Hollywood has fired its latest salvo in a spat with the owners of the 8500 Sunset condominium complex. The city has sued the owners — ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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How much can you afford to pay for a new home?

(Credit: iStock) New research sheds fresh light on one of the most frequently asked home-buying questions, especially for first-timers: With our annual income, what price house can we afford? Is there some handy rule-of-thumb? Decades ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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Ratkovich signs Cal State to new lease at massive Alhambra campus

Ratkovich Company CEO Wayne Ratkovich and the Alhambra campus Ratkovich Company has signed California State University, Los Angeles, to a 12,000-square-foot lease in Alhambra. The university is leading the space at The Alhambra, a ...

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  • 14 Dec
  • The Real Deal
  • Uncategorized
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LA ranks among “ultra-prime” resi markets worldwide: report

From left: New York City and Los Angeles (Credit: iStock) Los Angeles is shattering the designation of “ultra-prime” residential real estate. A new report from Knight Frank ranks Los Angeles among the 17 most-expensive residential ...

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  • 13 Dec
  • The Real Deal
  • Uncategorized
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