A $35-million tear-down: L.A.’s unreal estate has plenty of buyers

“It’s not uncommon on the Westside of Los Angeles for people to shell out $20 million or more for a house. And then take a wrecking ball to it. Jeff Hyland, of the high-end Beverly Hills real estate agency Hilton & Hyland, had a recent tear-down sale of $35 million in the Trousdale section. “It… Continue reading

More tech industry buyers are snapping up L.A. real estate

“Tech moguls looking to buy a trophy home have long turned to Southern California. Billionaire Larry Ellison has become almost legendary for purchasing prized beachfront Malibu properties.’s Jeff Bezos spent $24.5 million for a Beverly Hills compound. Sean Parker, of Napster and Facebook fame, dropped $55 million last year to buy Ellen DeGeneres’ Holmby… Continue reading

Your down payment isn’t the only cash you need ready to buy a home

It’s always a good idea to buy less house than you can afford . Aside from your monthly mortgage payment, you also have to have cash at the ready for a down payment, which is usually 20% of the home’s price. And there’s one more cost that’s easy for homebuyers to overlook: closing costs. Nicole Lapin, author of “Rich… Continue reading

First Look at Super-Fancy 19-Story Apartment Building Headed Next to the Beverly Center

“There was never any doubt that Grove developer Rick Caruso’s forthcoming residential/retail tower near the Beverly Center would not be for the plebs, but now his firm Caruso Affiliated has revealed that the 19-story project at La Cienega and San Vicente will in fact be a “sister property” to the super-fancy 8500 Burton, a neighboring… Continue reading

15 words that can make your home seem more valuable when you put it on the market

Great article originally posted at Business Insider written by CATHERINE SHERMAN, ZILLOW I didn’t buy the most expensive home I could afford, and here’s why you shouldn’t, either If one of the following words accurately describes your home, you might want to consider adding it to your listing. 1. Luxurious As mentioned above, lower-priced listings… Continue reading