Month: October 2025

The Malibu mansion of former Los Angeles Dodgers owner Peter O’Malley is back on the market.  The home at 27832 Pacific Coast Highway is for sale for $74.5 million, Mansion Global reported, more than $10 million less than the asking price he sought in spring of last year.  O’Malley pulled the house off the market…

The priciest sale in the City of Los Angeles so far this year is James Packer’s $110 million purchase of 630 Nimes Road, according to Los Angeles County tax assessor data through Aug. 25.  This is the latest installment in a feature providing a weekly update on top sales by market segment, based on TRD…

Social media dragged the buyer of multiple Malibu lots through the mud after the deals were first reported back in August. Catcalls over the would-be builder’s bulk buys, and mistaken presumptions of the ethnicity, wasn’t the response El Segundo-based Zuru Tech US, expected. “I think what the general public doesn’t understand is the difficulties in…

Fame, but no fortune?  I recently wrote about two pieces of real estate that once upon a time each had a moment in the sun: A beachfront mixed-use property that was home to Snapchat and synonymous with the social media company’s rise, and an apartment building that was featured on the Eagles’ Hotel California album…

The city of Glendale is slated to receive a new business park with small-bay industrial condominiums.  MG Business Park, a new development from the Mangat Group, is expected to begin construction early next year and offer units ranging in size from 1,440 to 14,700 square feet, the Phoenix Business Journal reported. The industrial condos will…

Two long-vacant buildings in Santa Monica with ocean views are at the center of a brewing fight over government transparency, mental health housing and neighborhood character.  The County of Los Angeles has decided to take a beat–and some input from the community–in a change of pace that followed an outcry. The dustup started when county…

Two publicly owned sites in Los Angeles are heading to the open market after years of stalled mixed-use proposals.  CRA/LA, the successor to the Community Redevelopment Agency of the City of Los Angeles that was dissolved in 2011, will declare parcels in Exposition Park and Bunker Hill as surplus land after the expiration of city-led…

Nineties sitcom star Patricia Richardson is hanging up the for-sale sign on her Brentwood residence after almost three decades calling the address home. The actress, best known for her role as Jill Taylor on ABC’s “Home Improvement,” is asking just under $10 million, or roughly $1,492 per square foot, for 196 Granville Avenue, which is…

Rebuilding efforts in Malibu nine months after the deadly Palisades fire have barely gotten underway.  While owners in the Pacific Palisades next door and Altadena across town have gotten hundreds of rebuild permits, the City of Malibu has granted just a handful, the Los Angeles Times reported. As a result, burned-out lots across the seaside…

Textiles manufacturer Northwest Group isn’t keeping itself in a holding pattern amid larger economic concerns for the industrial market.  The Garden City, New York-based company signed a 61-month, 158,730-square-foot lease at First Harley Knox Logistics Center in Perris, California, Commercial Observer reported. The Inland Empire property at 4742 Redlands Avenue is owned by First Industrial…