Real Estate News

Source: Los Angeles Times Real Estate News
Dear Liz: My mother recently passed away. The title to her home was held in the family trust. My siblings and I are in the process of clearing out the house in preparation for a sale. Do we need to obtain a “step-up” basis appraisal before the sale to use [...]
Sun, May 12, 2019 10:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
In the high-caliber housing market of Los Angeles, every neighborhood has a distinct style, offering a list of pros and cons that can leave even the surest of buyers second-guessing. Better views lead to longer commutes. Living closer to the action may mean sacrificing space. The Pitch digs into... [...]
Fri, May 10, 2019 1:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The state Coastal Commission on Wednesday levied a record $15.6-million penalty against the owner of an upscale coastal hotel in Santa Monica because the hotel was built without proper permits that include providing for more affordable lodging in the area. The commission, at a meeting in Oxnard,... [...]
Thu, May 09, 2019 3:45:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A long-vacant prime lot on Wilshire Boulevard in Beverly Hills has sold for $130 million to an international partnership that plans to build upmarket condominiums on the site. New York luxury real estate developer Shvo bought the block-long property at 9200 Wilshire Blvd. from New Pacific Realty... [...]
Wed, May 08, 2019 12:00:00 PM, Continue reading at the source