Real Estate News

Landlords can’t raise rents in rent-controlled buildings, LA mayor says

In the city of Los Angeles, 624,000 apartments, townhomes, and other residential units are rent-controlled. | Shutterstock Any new increases “are put on hold” The mayor is locking in rental prices in rent-controlled buildings in the city of Los Angeles. “Rent will stay the same,” mayor Eric Garcetti said this evening in announcing a “freeze” [...]

2020-03-31T02:21:45+00:00March 31st, 2020|Real Estate News|

6,000 shelter beds to open at rec centers in ‘unprecedented’ action to house LA’s homeless

The disease poses a serious threat to LA’s homeless population, as homeless residents are more likely to have compromised immunity or reside in living situations that prevent recommended social distancing practices. | Getty Images 1,600 beds will open at 13 locations by Sunday night, mayor says Faced with a novel coronavirus which could prove deadly [...]

2020-03-19T02:50:31+00:00March 19th, 2020|Real Estate News|

Landlords can’t evict tenants impacted by coronavirus, LA mayor says

LA lawmakers are considering protections for renters that include a ban on evictions and utility shut-offs. | Getty Images “You will not lose your housing during this crisis because you can’t make the rent” Mayor Eric Garcetti announced Sunday that he has signed an order halting residential evictions in the city of Los Angeles. “You [...]

2020-03-17T01:24:20+00:00March 17th, 2020|Real Estate News|

Closures, transit, gatherings: How LA is dealing with coronavirus

AP From canceling events to riding Metro, here’s what you need to know Disneyland will close on Saturday. Dodgers opening day is postponed. “Virtually every Hollywood studio,” including industry giant Viacom, is encouraging employees to work from home. And, on Wednesday, Gov. Gavin Newsom banned all “non-essential” public gatherings of more than 250 people. But [...]

2020-03-13T00:35:56+00:00March 13th, 2020|Real Estate News|

Richard Neutra’s Jardinette Apartments are scheduled to sell at public auction

The Jardinete Apartments at 5128 Marathon Street in Hollywood. | Junkyardsparkle (CC0) But don’t pool your cash just yet Richard Neutra’s first U.S. commission is scheduled to go up for public auction on Friday, but design buffs shouldn’t get their hopes up about an opportunity to own a piece of architectural history. Owner Robert Clippinger, who [...]

2020-03-11T23:25:17+00:00March 11th, 2020|Real Estate News|