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Nora & Peter Wendel
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L.A. Times - Real Estate News

8/11/2022 1:00:30 PM +00:00

For the first time in more than half a century, a Paul R. Williams home in Little Holmby is on the market for $5.25 million.

8/10/2022 6:22:17 PM +00:00

After a decade running a vineyard in Paso Robles, 'American Idol' producers Ken Warwick and Nigel Lythgoe list the 164-acre compound for $22 million.

8/8/2022 8:09:34 PM +00:00

Katy Perry just unloaded a house for $18 million — the same price she paid for it in 2017.

8/8/2022 12:00:18 PM +00:00

For Adrian Perez, an ADU on his parents' property in Culver City gives him independence and his parents peace of mind.

8/4/2022 11:06:13 PM +00:00

Johnny Galecki is asking $11.9 million for his pedigreed compound in Hollywood Hills once owned by Ben Stiller and Jason Statham.

8/4/2022 3:00:40 PM +00:00

In Beverly Park, a 31,000-square-foot mega-mansion just got a $40-million price cut, bringing the tag down to $79.5 million.

8/3/2022 7:42:35 PM +00:00

Green Bay Packers lineman David Bakhtiari is shopping around his offseason pad in Tarzana for $6.3 million.

8/3/2022 12:00:03 PM +00:00

As the Los Angeles condo market soars to $50 million and beyond, can the taxes even begin to reverse widening inequity?

8/2/2022 2:00:10 PM +00:00

A $100-million boutique condominium complex with private swimming pools for residents and a potential five-star restaurant is rising in Beverly Hills.

8/2/2022 1:54:35 PM +00:00

Starting Monday, California landlords are allowed to begin raising rents under a 2019 state law.

8/2/2022 1:17:24 AM +00:00

Opendoor agreed to pay $62 million to the Federal Trade Commission to settle allegations that it misled potential home sellers in its marketing campaigns.

7/28/2022 8:27:43 PM +00:00

After a $7.5-million renovation that saw him bring in a boxing ring, radio host Tom Joyner has sold his waterfront villa in Florida for $19 million.

7/28/2022 3:22:29 AM +00:00

The Board of Supervisors approved a motion to begin creating construction and financial plans for redeveloping the General Hospital building.

7/27/2022 6:41:09 PM +00:00

There is a connection between the Federal Reserve's efforts to curb inflation and higher mortgage interest rates, but it's probably not the one you think it is.

7/27/2022 4:43:15 PM +00:00

As the patchwork of eviction protections and rent relief programs continues to fray in California, how are landlords and tenants adapting to the new COVID reality?

7/26/2022 7:34:41 PM +00:00

Film producer Sarah Siegel-Magness is asking $50 million for her Carpinteria compound complete with two polo fields.

7/25/2022 5:57:31 PM +00:00

'Hangover' producer-turned-prison reform advocate Scott Budnick is asking $3.55 million for his Sherman Oaks farmhouse — exactly $1 million more than he paid three years ago.

7/24/2022 2:00:08 PM +00:00

A welcome calm greets newcomers to the Inland Empire, who come to seek their version of the American dream.

7/22/2022 10:44:16 PM +00:00

Tinder co-founder Sean Rad has shelled out $35 million for an extravagant Bel-Air compound owned for decades by the late actress Yvette Mimieux.

7/22/2022 2:10:21 AM +00:00

A group led by Wall Street firm Goldman Sachs bought the Enclave Apartments, a student housing complex known for its unusual, castle-like design.

7/21/2022 10:43:02 PM +00:00

'Resident Evil' actress Milla Jovovich and her husband, film director Paul W.S. Anderson, have sold their Beverly Hills compound for $13.4 million.

7/20/2022 8:07:12 PM +00:00

The Southern California housing market is cooling and forcing buyers and sellers to adjust. Here is what you should know if you are in the market.

7/20/2022 7:28:15 PM +00:00

A home built in the 1930s for silver screen star Greta Garbo just hit the market in Beverly Crest for $12 million.

7/20/2022 12:00:41 PM +00:00

Work from home is what many employees want. But employers still want you back in the office

7/20/2022 12:00:26 PM +00:00

The Federal Reserve may have accelerated its attack on inflation by hiking interest rates. But that's also driving up rents by deterring would-be buyers.

7/19/2022 10:00:57 AM +00:00

Southern California's median home sale price dropped to $750,000 in June, another sign that the ultra-competitive market is slowing down.

7/18/2022 6:36:54 PM +00:00

A penthouse condo just traded hands for $21.5 million in West Hollywood, making it the fourth-priciest condo sale ever in L.A. County.

7/15/2022 9:09:01 PM +00:00

'Modern Family' star Sofia Vergara and 'True Blood' actor Joe Manganiello are asking $19.6 million for their Beverly Hills villa of eight years.

7/14/2022 3:00:08 PM +00:00

A Bel-Air Midcentury owned by multiple musicians, including Doors guitarist Robby Krieger and Limp Bizkit frontman Fred Durst, is on the market for $13.9 million.

7/14/2022 12:00:30 PM +00:00

Take a look at what $700,000 buys in seven communities around Los Angeles.

7/12/2022 8:30:27 PM +00:00

California leaders are pushing lots of new home construction while at the same time warning residents about water shortages. Does that make sense?

7/12/2022 8:18:07 PM +00:00

In Hancock Park, rocker Ozzy Osbourne and talk show host Sharon Osbourne are shopping around their 1920s mansion for $18 million.

7/12/2022 3:00:08 PM +00:00

Actor Christian Slater is asking $3.95 million for his 94-year-old villa near the water in Miami.

7/11/2022 12:00:43 PM +00:00

Data collected by the U.S. Bureau of Labor Statistics -- but not made available to the public -- show a gulf between the market conditions affecting new versus renewing renters.

7/7/2022 10:53:52 PM +00:00

George Ruan, co-founder of the digital coupon company Honey, is asking $150 million for a Bel-Air mega-mansion that he bought two years ago for $60 million.

7/6/2022 7:44:27 PM +00:00

In Malibu's ultra-exclusive market, a one-bedroom beach house owned by late actor James Olson is asking $18.45 million.

7/6/2022 3:00:20 PM +00:00

The 49-acre retreat is about 50 miles outside Manhattan in the town of Pound Ridge.

7/6/2022 12:00:48 PM +00:00

Tenants must figure out if their city or county offers rent protection for nonpayment due to COVID

7/1/2022 9:54:34 PM +00:00

CBD entrepreneur Dan Goldfarb has hauled in $6.16 million for the John Sowden House, a striking neo-Mayan-style home built by Lloyd Wright in Los Feliz.

6/30/2022 1:00:03 PM +00:00

Rising mortgage rates are slowing the housing market, prompting some analysts to say home prices will decline.

6/30/2022 12:00:19 PM +00:00

Architect Frank Gehry's latest project opens in downtown Los Angeles.

6/29/2022 3:00:42 PM +00:00

R.E.M. bassist Mike Mills is asking $6.5 million for his hillside home, which is only one of two properties that directly overlook the Hollywood Bowl.

6/28/2022 8:07:07 PM +00:00

In an off-market deal, Louis Vuitton creative director Nicolas Ghesquière has paid $11 million for John Lautner's iconic Wolff House.

6/27/2022 9:57:01 PM +00:00

Drake has hauled in $12 million for the 'Yolo Estate,' a Hidden Hills ranch that the rapper transformed into a party compound over the last decade.

6/27/2022 7:51:23 PM +00:00

Actress Alyson Hannigan and her husband, actor Alexis Denisof, are asking $18 million for their prized architectural estate in Encino.

6/24/2022 12:00:18 AM +00:00

Saks Fifth Avenue, one of Beverly Hills' most famous department stores, is set to move to make way for a mixed-use complex that could energize a sedate stretch of Wilshire Boulevard near Rodeo Drive.

6/23/2022 8:09:24 PM +00:00

The firm owned by controversial developer Geoffrey Palmer has agreed to repay security deposits to 19,000 tenants in a class-action lawsuit settlement.

6/21/2022 9:39:19 PM +00:00

Grammy winner Finneas O'Connell just sold his Malibu beach house for $5.66 million, $160,000 more than he was asking.

6/21/2022 6:40:21 PM +00:00

Wiz Khalifa is shopping around his Encino home of three years for $4.5 million after updating some spaces and adding a basketball court out back.

6/21/2022 2:01:35 AM +00:00

L.A. City is relying on a network of neighborhood tree ambassadors and nonprofits to boost tree canopy in underserved neighborhoods. Will it work?

6/20/2022 1:00:08 PM +00:00

The battle between the billionaire bond king and his neighbors started over lawn decor and devolved into psychological warfare. It ended in mutual defeat.

6/20/2022 12:00:27 PM +00:00

At least seven low-income housing developments funded by the state have eclipsed more than $1 million per apartment to build in the last two years.

6/17/2022 8:50:15 PM +00:00

In an off-market deal, prolific architect Richard Landry has sold his own custom-built home in Brentwood for $19.5 million.

6/16/2022 3:00:29 PM +00:00

For the first time in 60 years, the Bel-Air home built for famed director Ernst Lubitsch has hit the market for $20 million.

6/16/2022 12:00:18 PM +00:00

The state expanded its mortgage relief program to cover people who have missed payments in 2022, as well as homeowners with incomes up to 150% of their county's median income level.

6/15/2022 6:50:36 PM +00:00

In Bel-Air, 'Shahs of Sunset' star Lilly Ghalichi has sold the longtime home of late auto titan Lee Iacocca for $27.7 million.

6/15/2022 12:00:44 PM +00:00

Lawyers delivered opening statements Tuesday in the case against Dae Yong Lee, a developer accused of paying a $500,000 bribe.

6/15/2022 10:02:32 AM +00:00

Our house off Slauson Avenue could go for double what we paid for it. Yet my husband and I have dreams for our family — and this neighborhood.

6/14/2022 7:31:32 PM +00:00

Betty White's Brentwood home just sold for $10.678 million, over the asking price, despite potential buyers not being allowed to see inside the home.

6/14/2022 12:00:45 PM +00:00

A developer working to preserve affordable rentals in South L.A. and build housing for homeless people has won praise from the likes of Oprah Winfrey and Mayor Eric Garcetti, who see his work as an important step in dealing with the city's housing crisis. But the entrepreneur's efforts are also facing criticism from tenant advocates. A look inside SoLa Impact.

6/14/2022 12:00:36 PM +00:00

In a significant shift in the market, fewer homes are going into escrow, inventory is rising and sellers are increasingly cutting their asking prices.

6/14/2022 11:00:45 AM +00:00

An untrained architect, Gesner was nonetheless responsible for residences known for their ebullient forms and their connection to the earth.

6/13/2022 11:04:50 PM +00:00

Former Rams star Jared Goff is shopping around his custom compound in Hidden Hills for $7.5 million.

6/13/2022 1:00:25 PM +00:00

Alexandra Lange's accessible history, 'Meet Me by the Fountain,' looks at how malls remain relevant in part by going beyond the white middle class.

6/9/2022 3:00:24 PM +00:00

In the hills of Bel-Air, a spec developer is shopping around two adjacent mega-mansions for a combined price of $77 million.

6/9/2022 12:00:47 PM +00:00

You don't need grass for a family-friendly yard. Garden designer Paul Robbins traded turf for a drought-tolerant garden and play area for his kids.

6/9/2022 12:00:11 PM +00:00

The luxury Aman hotel will be part of the $2-billion One Beverly Hills condo-inn complex, designed as a lush landscaped oasis with gardens largely open to the public.

6/8/2022 6:59:27 PM +00:00

Months after his death, Bob Saget's Brentwood home that he owned for nearly two decades has been listed for sale at $7.765 million.

6/7/2022 9:36:21 PM +00:00

Former Dodgers and Padres star Adrian Gonzalez is asking $16.48 million for a sprawling Hamptons-style mansion overlooking the ocean in La Jolla.

6/7/2022 7:28:22 PM +00:00

Eight years after buying Rob Dyrdeck's house for $1.175 million, actor Blake Anderson is listing the Hollywood Hills home for $2.65 million.

6/7/2022 4:00:13 AM +00:00

The office tower, plus a shopping center bought in March, are expected to become part of a sprawling mixed-use complex, with a Rams training facility, stores, restaurants, hotels and residences.

6/4/2022 1:00:16 PM +00:00

Rick Caruso has outspent his political rivals thanks to a fortune made developing high-end shopping malls and apartments. Here is how he accumulated that wealth.

6/3/2022 6:01:10 PM +00:00

In Scottsdale, a 21,000-square-foot mega-mansion just sold for $28.1 million, making it the priciest home sale in Arizona history.

6/2/2022 3:00:20 PM +00:00

On the sands of Carbon Beach, media exec Michael Lambert has sold his Mediterranean-style home for $19.55 million.

5/31/2022 7:08:09 PM +00:00

After nearly two decades in Bel-Air Crest, Grammy-winning producer Babyface is asking $8 million for his custom home.

5/31/2022 6:12:15 PM +00:00

A year after buying a Hidden Hills farmhouse for $17.5 million, NBA star Ben Simmons has listed the home for $23 million.

5/31/2022 12:00:08 PM +00:00

Experts say there's plenty of water available for new Californians if the trend of residents using less continues and accelerates into the future.

5/19/2022 12:22:13 AM +00:00

Why do tenants have to bring their own refrigerators to rent apartments in Los Angeles?

5/18/2022 1:00:28 PM +00:00

In Manhattan's East Village, actor Alexander Skarsgård is asking $2.6 million for a prewar penthouse built in 1845.

5/18/2022 12:00:06 PM +00:00

The 1926 Tudor in South Pasadena was grandmother's for 30 years. Now the property houses three generations, thanks to an ADU.

5/17/2022 8:00:21 PM +00:00

Tamara Gustavson, daughter of Public Storage founder B. Wayne Hughes, is asking $127.5 million for her 3.5-acre spread in Malibu.

5/17/2022 1:00:59 PM +00:00

Four years after buying Bob Hope's longtime home in Toluca Lake for $15 million, billionaire businessman Ron Burkle has listed the newly restored estate for $29 million.

5/17/2022 12:00:03 PM +00:00

Evictions and rent increases still are limited in Los Angeles and many other parts of Southern California. But the rules vary from city to city.

5/16/2022 7:37:52 PM +00:00

In the foothills of Las Vegas, poker player Chance Kornuth is shopping around his custom home overlooking the Strip for $3.5 million.

5/16/2022 3:00:36 PM +00:00

It's a massive ask, especially considering there have been no major changes to the property. But in Beverly Park, all bets are off.

5/15/2022 12:00:29 PM +00:00

Toothbrush, socks, charger — check. But do you have a wildfire evacuation plan for your Airbnb or other vacation rental?

5/14/2022 12:00:13 PM +00:00

Depending on when you bought in California, Proposition 13 has kept your property taxes low while your newer neighbors pay far more, essentially subsidizing those with artificially low taxes.

5/13/2022 7:43:12 PM +00:00

In the hills of Bel-Air, British pop singer Engelbert Humperdinck is asking $6.2 million for a four-story home overlooking Stone Canyon Reservoir.

5/12/2022 1:00:57 PM +00:00

Less than a year after buying a Midcentury home from talent agent Greg Cavic, Ellen DeGeneres and Portia de Rossi have flipped the home for $8.757 million.

5/10/2022 8:01:13 PM +00:00

Alex Trebek's longtime home — a Mediterranean-style mansion that the late "Jeopardy!" host owned for three decades — just sold for $6.45 million in Studio City.

5/10/2022 3:24:27 AM +00:00

In Southern California's third-priciest sale this year, Maroon 5 frontman Adam Levine has sold his Pacific Palisades compound for $51 million.

5/9/2022 3:00:58 PM +00:00

L.A. socialite Pat Montandon is shopping around her longtime home in the Coldwater Canyon neighborhood of Beverly Hills for $4 million.

5/9/2022 12:00:02 PM +00:00

Esports giant Riot Games has grown into one of the region's largest office tenants as the video game industry evolves into a major economic player.

5/8/2022 12:00:23 PM +00:00

Residents fear that a new condominium project could destabilize the hill and send it crashing down again.

5/6/2022 10:27:11 PM +00:00

As part of his stadium deal, Angels owner Arte Moreno paid $96 million to Anaheim to fund affordable housing projects elsewhere in Anaheim.

5/6/2022 12:00:06 PM +00:00

The 33,652-square-foot home in Holmby Hills was bought with bribes paid to a powerful Armenian politician and his family, prosecutors say.

5/5/2022 4:30:35 PM +00:00

A new state-run program, the Forgivable Equity Builder Loan, helps low-income first-time home buyers in California with their down payments.

5/5/2022 3:00:41 PM +00:00

In an off-market deal, RH chief executive Gary Friedman has sold an unfinished home in Beverly Hills for $24 million.

5/3/2022 7:32:10 PM +00:00

The longtime home of auto titan Lee Iacocca is being shopped around by 'Shahs of Sunset' star Lilly Ghalichi for $32 million in Bel-Air.

5/3/2022 12:00:18 PM +00:00

Amazon is adding three offices and 2,500 tech and corporate employees as part of its Southern California expansion plan.

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