Real Estate News

Downtown LA’s Hotel Barclay sells for $21M

That’s about half of its 2016 list price Downtown LA’s landmark Barclay Hotel has sold after two years on the market. The 165-room property on the edge of the Historic Core and Skid Row traded hands for $21 million—about half of its $40 million asking price, The Real Deal reports. It’s not yet clear what [...]

2018-05-21T22:40:23+00:00 May 21st, 2018|Real Estate News|

Secluded hillside hideaway in Silver Lake seeks $1.44M

Like a cabin in the sky! There’s little risk of being bothered by door-to-door salesmen at this Silver Lake residence. Built in 1940, the property’s detached garage and driveway are the only parts visible from the street, with its main structure tucked into the hillside below at the end of a long-ish staircase. While the [...]

2018-05-16T22:27:11+00:00 May 16th, 2018|Real Estate News|

New state bill could fund affordable housing near transit in California cities

It would also generate money for stations, pedestrian projects, and parks A new bill working its way through the state legislature could provide California cities with more funding for affordable housing and public transit projects. Senate Bill 961, drafted by state Sen. Ben Allen (D-Santa Monica), has already cleared two legislative committees without a single [...]

2018-05-14T23:00:48+00:00 May 14th, 2018|Real Estate News|

Here’s where LA’s emergency homeless shelters could go

Officials are considering plenty of sites in the San Fernando Valley Los Angeles city leaders are pressing forward with plans to build new emergency homeless shelters on land owned by the city. Last week, Mayor Eric Garcetti and Los Angeles City Council president Herb Wesson announced that a shelter would rise in a transportation department [...]

2018-05-11T21:39:20+00:00 May 11th, 2018|Real Estate News|