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Netflix Inc. is under contract to buy Radford Studio Center, a historic Los Angeles movie studio space, for a fraction of its 2021 $1.85 billion sale price after lenders including Goldman Sachs Group Inc. repossessed the property. The price is...
A rule intended to prevent rent gouging in the wake of the Eaton and Palisades fires has lapsed in Los Angeles County, possibly exposing some renters to hikes. The executive order that blocked rent increases was issued by Gov. Gavin Newsom a...
The cleanup of one of the most notorious collections of graffiti in the country has been postponed again as the proposed buyer of the stalled Oceanwide Plaza development in downtown Los Angeles struggles to reach terms with city officials who ...
Cemal Clik was rinsing some strawberries for lunch when he felt a gun on his temple.The 61-year-old was sitting near his gift shop in downtown Los Angeles this month when two men threatened to kill him if he didn’t give up the gold chain han...
Anna Katherine Scanlon was having sushi in Marina Del Rey when she received an urgent text from her best friend.“Just saw another place that was awful.” Scanlon’s best friend, who was moving back to L.A. from Texas, had been apartment hu...
Andri Luescher isn’t complaining. He’s just tired.In 2022, the architect bought a small vacant lot in the hills of Mount Washington with plans to build a modest home for his family of four. He still hasn’t broken ground.For the last few ...
California is finally making progress on a stalled program to build tiny homes to address the state's homelessness crisis. Los Angeles Mayor Karen Bass and City Council member Hugo Soto-Martínez attended a groundbreaking of a development in Ea...
Former Disney CEO Bob Chapek has secured a buyer for his hilltop Los Angeles estate—just four months after listing the "resort quality" dwelling for $14.99 million. Chapek, 66, who served as CEO of the Walt Disney Company from 2020 to 2022, p...
Katie Davis has whiplash.A longtime renter, she’s in the market for her first home, but she needs mortgage rates to drop in order to afford the monthly payments. Anything under 6% would be feasible.For the last year, she’s been tracking th...
For Michael Miller, getting a project off the ground is usually a bureaucratic juggling act. When building affordable housing like the 200-plus units he’s planning in Harbor Gateway and Stevenson Ranch, the president of Bold Communities said...