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latination.com

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California beachfront home becomes the most wanted after a wave destroys it

The unique luxury property is a beachfront home in Long Beach that captured the attention of the community and investors. The destructive waves of Tropical Storm Rachel triggered a drastic price drop to attract real estate developers. Speculators see this coastal disaster as a golden opportunity amid high construction interest...

Long Beach, CA · 3d
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Westside Current

partner publisher · 2.2K followers
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Rents Are Already High - USC Expects Them to Soon Be Even Higher

LOS ANGELES - Renters in the county are expected to soon pay even more for average monthly rent, according to a USC forecast released Tuesday. The USC Lusk Center for Real Estate's Casden Real Estate Economics Forecast projects the county's average rent will increase from $2,362 to $2,469 by June 2029.Available apartments are also expected to become harder to find. The county's vacancy rate is projected to fall from 5.6% in June to 4.87% as renters fill vacant units.The forecast covers the broader county market, including the Westside. Its averages do not predict rent changes in individual neighborhoods.The report found Los Angeles and Orange counties remain chronically short of apartments, along with Ventura County. It pointed to San Diego County and the Inland Empire as examples of how building more housing can ease pressure on rents."Housing cannot be affordable unless we have plenty of it," said forecast author Moussa Diop, an associate professor of real estate at the USC Sol Price School of Public Policy.Los Angeles County has seen an increase in apartment permits following post-wildfire permitting reforms. During the first half of 2026, permits ran 60% above the previous year's monthly average.But the report said it remains unclear how

Los Angeles County, CA · 2d

The Poly Post

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Pomona extends rent stabilization, rejects rental registry

Pomona City Council voted 6-1 to keep the city’s rent stabilization program running past its scheduled Dec. 31 end date, while a proposal to establish a rental registry failed in a 3-4 vote Oct. 19. The program caps annual rent increases at 5% for covered units. However, some Cal...

Pomona, CA · 2d
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Fox Business

partner publisher · 239.6K followers
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Housing expert blasts 'absurd' California red tape keeping affordable homes out of reach

Mitch Roschelle says California bureaucracy is hindering affordable housing development in Los Angeles despite laws allowing additional housing units, calling the ‘blue tape’ ‘absurd.’

California · 2d

ghnnc.org

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LA City Council Moves to Ease ADU Construction Rules

Los Angeles homeowners with pending accessory dwelling unit (ADU) projects could soon see relief from costly stormwater requirements that have delayed residential construction. The Los Angeles City Council voted unanimously, 14-0, to move forward with a proposal that would simplify approval requirements for certain small residential projects submitted before the...

Los Angeles, CA · 23h

DMR News

partner publisher · 4.2K followers

The Taylor Weiner Team Gives Self-Employed Southern California Borrowers a Path Forward After a Bank Says No

Seal Beach mortgage team powered by Lower, LLC focuses on non-QM home loans for business owners, 1099 contractors and real estate investors across California The Taylor Weiner Team, a Seal Beach mortgage team led by Sr. Mortgage Advisor Taylor Weiner (NMLS 263090) and powered by Lower, LLC (NMLS 1124061), is putting its focus on non-QM […]

Seal Beach, CA · 1d

Westside Current

partner publisher · 2.2K followers

Apartment Complex Above Trader Joe's Heads to Auction

SANTA MONICA - A downtown Santa Monica apartment complex with 249 luxury rentals is headed for the auction block, with its lender claiming more than half a billion dollars is owed. The Park faces a Dec. 3 foreclosure auction, according to the Santa Monica Daily Press , which reported on a notice of trustee's sale posted at the building. The notice estimates $513.7 million was owed as of Oct. 30, roughly $74 million above the balance reported in November 2025.The property, owned by a venture of Pimco and the Witkoff Group, opened in 2022, the Daily Press reported.The development pairs apartments with 55,000 square feet of retail and a one-acre rooftop park, according to Witkoff's project description . Witkoff also lists a rooftop pool and communal lounges among the residential amenities. The building's leasing website advertises homes ranging from studios to three-bedroom apartments.For shoppers, the address is also home to the Trader Joe's at Fifth Street and Broadway , which occupies retail space in the complex.First American Title Insurance Co. is scheduled to conduct the auction at 11 a.m. Dec. 3 in the Civic Center Plaza courtyard in Pomona, the Daily Press reported.The planned sale includes the building and land

Santa Monica, CA · 19h

Eater

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Nancy Silverton Opens LA’s Most Hopeful Restaurant in Pacific Palisades

Altadena and its vibrant restaurant community have been well documented in the aftermath of the Eaton Fire that devastated the neighborhood; the Pacific Palisades has, so far, had less of a comeback, with fewer rebuilding permits issued to businesses. In the Palisades, though many residential buildings are in full rebuild, with construction crews scattered throughout the seaside borough, many families have opted not to return.

Los Angeles, CA · 10h

ncw.news

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What Should Landlords Ask Before Hiring A Property Manager? Advice From A Los Angeles Broker

Hiring a property manager is one of the biggest decisions a landlord makes, whether the rental is in a small town or a major city. Jesse Sasomsup helps owners make that decision in Los Angeles, California, a market where local rental rules change often and a misstep can be costly.

Los Angeles, CA · 2d

CBS LA

partner publisher · 287.1K followers

Southern California rent to rise through 2029, USC forecast says

In their economic report for the next three years, USC researchers forecast that rents in Southern California will grow 1.4% to 2.4% between 2026 and 2029.

Los Angeles County, CA · 2d

KPBS

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San Diego apartment boom helps ease rent pressures, USC forecast says

San Diego County rents are expected to rise through 2029, but a recent boom in apartment construction helped make the county more affordable than neighboring Orange County, according to a University of Southern California forecast released Tuesday. The USC Lusk Center for Real Estate's Casden Real Estate Economics Forecast projects...

San Diego County, CA · 2d

citywatchla.com

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Foreclosure Is Not the Only Exit: Financial Options for Homeowners Falling Behind

HOUSING - What if you were to miss one payment on your mortgage? Would you lose your home?. There are still options available to you, such as payment assistance, selling your home or getting approved by your lender to walk away from your property. This also comes into play if...

Los Angeles, CA · 2d

ladailymirror.com

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November 10, 1907: Story of L.A. Real Estate Is Dislocation, Dislocation, Dislocation

Note: This is an encore post from 2006. What sort of monument do we leave for real estate developers? For John B. Althouse, who built hundreds of homes in the Wilshire district, as well as the West Adams district and the San Gabriel Valley, the answer might be nondescript offices and vacant lots.

Los Angeles, CA · 2d

Hey SoCal / Civic News

partner publisher · 36.3K followers

Horvath announces bid to become county’s 1st elected CEO

Los Angeles County Supervisor Lindsey P. Horvath announced Monday that she is running to become the county’s first elected chief executive officer, a powerful new position created under a government overhaul approved by voters in 2024. Horvath, 44, was a leading supporter of Measure G, which called for sweeping...

Los Angeles County, CA · 2d

hoodline.com

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Hollywood's Godfrey Hotel Faces Foreclosure Over $59.1 Million Loan Default

The Godfrey Hotel Hollywood, a 220-room property on Cahuenga Boulevard that opened just five years ago, is now in trouble with its lenders. A group led by an AllianceBernstein fund has taken the first step toward foreclosing on $59.1 million of debt tied to the hotel, after its owners failed to pay off a loan that matured this year.

Los Angeles, CA · 3d

stclaircourier.com

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What Should Landlords Ask Before Hiring A Property Manager? Advice From A Los Angeles Broker

Hiring a property manager is one of the biggest decisions a landlord makes, whether the rental is in a small town or a major city. Jesse Sasomsup helps owners make that decision in Los Angeles, California, a market where local rental rules change often and a misstep can be costly.

Los Angeles, CA · 2d

uscannenbergmedia.com

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USC students react to Nithya Raman’s victory over Karen Bass

City Councilmember Nithya Raman is set to become Los Angeles’ next mayor after defeating incumbent Karen Bass by more than five percentage points, the Associated Press reported Thursday. Raman is the latest democratic socialist to be elected mayor of a major U.S. city, following Zohran Mamdani’s victory in New...

Los Angeles, CA · 4d

westsidestorynewspaper.com

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California Big-City Mayors Want At Least $1 Billion In State Funding to Fight Homelessness

The bipartisan California Big City Mayors coalition called on the next governor and Legislature to guarantee at least $1 billion annually in homelessness funding, expand mental health treatment and rein in litigation costs straining municipal budgets during an Oct. 30 summit at Riverside City Hall. With affordable housing at the...

California · 5d

Santa Monica Mirror

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Santa Monica Borderlands React as Westside Divides Over Mayoral Race

As voters across Westside Los Angeles evaluate the political landscape following the mayoral contest, Santa Monica residents and business operators along the city line are closely watching regional leadership shifts. The adjoining Los Angeles precincts revealed stark divisions across neighboring communities. While established enclaves further north aligned behind Karen Bass, denser transit corridors immediately east broke heavily for Nithya Raman, taking 55 to nearly 70 percent of the vote in Sawtelle and Palms.

Santa Monica, CA · 3d