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Real estate, luxury homes and commercial properties.

The Los Angeles Times is the largest metropolitan daily newspaper in the country, with more than 40 million unique latimes.com visitors monthly, Sunday print readership of 1.6 million and a combined print and online local weekly audience of 4.4 million. The Pulitzer Prize-winning Times has been covering Southern California for more than 140 years.

Los Angeles Times’ businesses and affiliates also include The Envelope, Hot Property, Times Community News and Los Angeles Times en Español. The Times also owns California Community News, LLC.

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latimes@www.latimes.com
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162 Posts
Why do so many L.A. apartments come without fridges? Inside the chilling mystery

When Michael Maloney was looking to move into an apartment in Highland Park this month, he made a list of must-haves. He wanted to live a short distance from restaurants and coffee shops. He needed an off-street parking spot and affordable rent.

There was just one problem.

“Two of my top choices did not have a refrigerator,” lamented Maloney, 43, who works in marketing for a beverage company. “It’s ridiculous. It’s the most backward thing I’ve ever heard of. I can’t wrap my mind

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Why do so many L.A. apartments come without fridges? Inside the chilling mystery
‘The Northman’ star Alexander Skarsgard seeks $2.6 million for Manhattan penthouse

Alexander Skarsgard, the Swedish actor who starred in “True Blood” and the recent film “The Northman,” is shopping around his Manhattan penthouse of five years for $2.6 million.

That’s $300,000 more than he paid for the unit in 2017, but the price bump comes with some upgrades. Skarsgard fixed the place up during his half-decade stay, remodeling the kitchen and touching up the walls and warm pine floors.

Found in the East Village, the prewar home is tucked atop a townhouse built in

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‘The Northman’ star Alexander Skarsgard seeks $2.6 million for Manhattan penthouse
How an aging Tudor's ADU reunited a family and brought them closer together

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

How an aging Tudor's ADU reunited a family and brought them closer together
Public Storage billionaire wants $127.5 million for her Malibu compound

Tamara Gustavson — daughter of B. Wayne Hughes, the late self-storage titan who donated a record $400 million to USC — is asking $127.5 million for her prized Malibu estate.

It’s a massive sum, and one that showcases the dramatic surge of Southern California’s luxury market since the turn of the century. Records show Hughes bought the property for $20 million in 2003.

At $127.5 million, it’s the fourth-priciest property on the market in L.A. County, but in a community as affluent as

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Public Storage billionaire wants $127.5 million for her Malibu compound
Billionaire Ron Burkle chases record $29 million for Bob Hope’s Toluca Lake estate

Four years after buying Bob Hope’s longtime estate in Toluca Lake and restoring it to its former glory, billionaire businessman Ron Burkle is shopping it around for $29 million.

That’s nearly double the $15 million he paid for it in 2018. The extensive renovation saw Burkle modernize the living spaces with high-end fixtures and finishes but preserve the residence’s classic elements — including Hope’s oak library and a one-hole golf course that the late comedian designed himself.

If

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Billionaire Ron Burkle chases record $29 million for Bob Hope’s Toluca Lake estate
COVID eviction bans are lapsing, but other protections for California renters remain

Rental housing in Southern California has long been a landlord’s market, with the demand for homes greatly exceeding the supply. That’s true today to an extreme degree, with available units the scarcest they’ve been in recent memory, as The Times reports.

But that doesn’t mean landlords are in a happy place either. During the first two years of the pandemic, California tenants failed to make billions of dollars in rent payments as their wages dropped and expenses rose. To avoid an epic surge

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COVID eviction bans are lapsing, but other protections for California renters remain
A poker player’s mansion overlooking Las Vegas asks $3.5 million

Poker pro Chance Kornuth is testing his luck in the Nevada desert, listing his home overlooking the Las Vegas Strip for $3.5 million.

That’s more than double what Kornuth — who’s currently ranked third in the U.S. in the Global Poker Index — paid for the property in 2018. The house was finished a year later and has been upgraded with custom accents and high-end amenities across more than 6,000 square feet.

The two-story home occupies half an acre in Southern Highland, a golf course community

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A poker player’s mansion overlooking Las Vegas asks $3.5 million
Villa Firenze, sold last year for $51 million, asks $120 million

When biotech entrepreneur Roy Eddleman bought Villa Firenze at auction for $51 million, real estate sources considered it a steal — considering that the Beverly Park mega-mansion originally surfaced for sale at $165 million.

A year later, Eddleman is hoping to flip the prized estate for a huge profit, listing the Italian-inspired showplace for $120 million — making it the fifth-priciest property on the market in L.A. County.

It’s a massive ask, especially considering there have been no

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Villa Firenze, sold last year for $51 million, asks $120 million
Is your vacation rental in a risky wildfire zone? What you need to know

Planning an idyllic vacation with your friends might include booking a vacation rental on a Malibu hillside with ocean views or surrounded by pines in Lake Tahoe.

As you prepare for your trip, Los Angeles Fire Department Deputy Chief Trevor Richmond wants wildfire safety to be on your checklist.

A Los Angeles Times analysis found that thousands of Airbnb rentals in California operate in areas with high levels of wildfire hazard, as identified by Cal Fire.

“During natural disasters,

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Is your vacation rental in a risky wildfire zone? What you need to know
Column: Did you strike gold selling your house? A growing chorus says you should share the wealth

The modest South Pasadena house went on the market at just under $1.2 million and sold for a hair above $2.5 million, and when I wrote about it last month, I wasn’t surprised by the reaction.

I suggested that with crazy Southern California bidding wars, all-cash transactions and offers well above asking price, there ought to be a small equity tax on windfall gains. Plow that money into education, I said, and housing for those who are locked out of this market.

A lot of readers didn’t care

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Column: Did you strike gold selling your house? A growing chorus says you should share the wealth
Pop singer Engelbert Humperdinck wants $6.2 million for Bel-Air perch

Engelbert Humperdinck, the British pop singer who’s been releasing music since the 1960s, is shopping around his Mediterranean-style mansion in the hills of Bel-Air for $6.2 million.

He’ll double his money if he gets his price. Records show he paid $3 million for the property in 2005.

Perched on a promontory overlooking Stone Canyon Reservoir, the 1980s haunt is just one piece of Humperdinck’s international real estate portfolio. Over the years, he’s owned homes in England, Mexico and

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Pop singer Engelbert Humperdinck wants $6.2 million for Bel-Air perch
Ellen DeGeneres quietly flips a Midcentury gem for $8.8 million

Less than a year after buying a Midcentury home in Beverly Crest for $8.5 million, prolific house-flippers Ellen DeGeneres and Portia de Rossi have sold the place in an off-market deal for $8.757 million.

The $257,000 profit margin is a bit slimmer than their usual projects. They made $6.3 million flipping a Montecito compound for $33.3 million in 2020, and last year, they earned a quick $4.5 million by selling a Beverly Hills mansion for $47 million.

Tucked away in Hidden Valley Estates, the

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Ellen DeGeneres quietly flips a Midcentury gem for $8.8 million
Alex Trebek’s Studio City mansion sells for $6.45 million

Alex Trebek’s Studio City estate — which the late “Jeopardy!” host owned for three decades until his death in 2020 — has changed hands for $6.45 million.

That’s exactly triple the price Trebek paid in 1991 when he bought it for $2.15 million, records show. His widow, Jean, listed the home for $7 million in January. His daughter, Emily Trebek of Compass, handled the sale.

The $6.45-million deal ranks as Studio City’s second-priciest home sale so far this year, and it comes as no

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Alex Trebek’s Studio City mansion sells for $6.45 million
Adam Levine sells Pacific Palisades estate for $51 million

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

In Beverly Hills, a socialite's glamorous haunt lists for $4 million

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

Look inside 'League of Legends' creator Riot Games' L.A. home. It's cooler than where you work

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.

A landslide destroyed O.C. homes 24 years ago. A developer wants to build there again

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

Angel Stadium deal fine print: 80% less affordable housing near ballpark

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

Feds move to seize $63-million L.A. mansion linked to Armenian corruption scandal

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

Buying your first home? See if you qualify for a 0% interest down payment loan

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

Furniture mogul Gary Friedman get $24 million for half-built mansion in Beverly Crest

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

'Shahs of Sunset' star asks $32 million for Lee Iacocca's Bel-Air mansion

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.

Amazon plans to add 2,500 office jobs in Southern California

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

A long-forgotten toxic dump site is raising new worries for this Los Angeles neighborhood

State toxic substance regulators are being called to task for their handling of a long-forgotten dump site in L.A.'s Lincoln Heights neighborhood.

Actors Alison Pill and Joshua Leonard list secluded Glendale haven for $2.5 million

Married actors Alison Pill and Joshua Leonard are asking $2.5 million for their secluded cabin-style home in the hills of Glendale.

Former Disney chief Eisner lists Malibu spread for $225 million, eyeing price record

Ex-Disney CEO Michael Eisner is shopping around his compound for $225 million, which would make it the most expensive home sale in California history.

Betty White's Brentwood home lists for $10.575 million

Betty White's Brentwood home, which the late actress owned for more than half a century, just surfaced for sale at $10.575 million.

New life for L.A. Times Orange County complex. Defense contractor, not influencers, benefit

The Times' Costa Mesa complex, designed in part by William Pereira, has gotten a vigorous renovation. Instead of a planned mixed-use space, defense contractor Anduril moved in.

Fashion executive lists Newport Beach stunner for $47.5 million

Mike Gray, who spent decades as a fashion executive with St. John Knits, is shopping around his waterfront mansion in Newport Beach for $47.5 million.

$1-million milestone: Orange County median home price hits seven figures

Orange County becomes the first Southern California county to boast a median home price of at least $1 million.

$1-million milestone: Orange County median home price hits seven figures
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