Category: Uncategorized

James Van Der Beek’s former Beverly Hills home is back on the rental market, this time with a higher price tag following the “Dawson’s Creek” star’s death in February.  The four-bedroom, three-bathroom Spanish-style house at 333 South Roxbury Drive is available for $13,950 per month, up from its $11,000 monthly asking rent in 2021, Realtor.com…

WareSpace is chopping it up again with the latest acquisition in its Los Angeles County strategy.  The Maryland-based industrial developer, owner and operator purchased a 90,500-square-foot distribution building at 860 Sandhill Avenue in Carson for $23 million, or $254 per square foot, L.A. Business First reported. JTL Corporation, which had its headquarters at the property,…

A proposed Long Beach parcel tax that promised a new funding stream for affordable housing, infrastructure and public safety won’t make the November ballot after supporters failed to gather enough valid signatures. The “Block the Cuts and Build Long Beach” initiative fell about 3,100 signatures short of the roughly 28,000 needed to qualify, after the…

A proposed housing development in Redondo Beach from Patrick Soon-Shiong’s NantWorks has earned a thumbs-up from city officials.  The City of Redondo Beach approved NantWorks’ plans for a 158-residence development at 2819 182nd Street consisting of 131 townhomes and 27 units of affordable housing, Urbanize Los Angeles reported. The homes would rise in a series…

Wellpointe’s planned $2 billion affordable senior housing project in the San Fernando Valley is coming into focus.  The assisted-living developer is securing entitlements for Viva L.A. Warner Center, a nearly 3,500-unit project slated to rise in four towers at 6400 Canoga Avenue in Woodland Hills, L.A. Business First reported.  The project will span 2.2 million…

The Laguna Beach home of late defense industry executive James Mellor is on the market.  The 6,906-square-foot manse at 15 Montage Way is for sale for $29 million, the Orange County Register reported. Berkshire Hathaway HomeServices California Properties’ Shauna Covington and Leita Covington hold the listing. Mellor died in February 2025 at age 94, and…

Total property value in Los Angeles County has reached another historic high.  Despite the deadly Palisades and Eaton fires of January 2025 and a cooling residential market, the 2026 L.A. County Assessment Roll reached a record nearly $2.3 trillion in total net taxable value, KTLA reported, citing new statistics from L.A. County Assessor Jeff Prang.…

Stanley Black’s Black Equities Group is plunking down more than $100 million in what appears to be the priciest multifamily deal in Culver City history.  The Beverly Hills-based investment firm is closing on a $106 million purchase of Access Culver City, a 115-unit property at 8770 Washington Boulevard, Commercial Observer reported, noting that the price…

Hilton & Hyland’s days as an independent brokerage may be over.  In The Real Deal’s review of the Lori Hyland-led firm’s 17-member associate team, 16 changed their licenses over to Forward Sunset Inc., also known as Keller Williams Hollywood Hills, between June 10 and June 28, based on filings from the California Department of Real…

A penthouse in Beverly Hills has a buyer poised to shatter the price record for condominium sales in California.  The two-story residence at the 28-story Aman Beverly Hills, which is under construction, is poised to sell for $200 million, the Wall Street Journal reported. An unidentified buyer reserved the condo by paying part of a…