HESPERIA – Amazon purchased, at the end of October, 200 acres in Hesperia for $161.9 million. Included in the purchase is the entitlement to build a 2.5 million sq. ft. warehouse, according to Bisnow.

The latest chapter in the saga of a 300-acre development in the Verdugo Mountains revolves around surveillance cameras and native bumblebees. The developer is suing protesters for trespassing onto the property in attempts to gather evidence for why the land should be preserved. Nevada-based developer Whitebird Inc. has grandiose visions...

Governor Newsom has recently approved two new bills in order to address the homeless crisis by expanding housing options in California. According to CBS News, as of June 2024, homelessness in Los Angeles has decreased by 10 percent, which is the first large decrease in nine years. Up until this year homelessness has been spiking, with 45 percent of people living in Los Angeles without a home as of last year.

The November 2024 Zillow Home Value Index reveals a striking landscape of luxury real estate across Los Angeles, Beverly Hills, and Malibu, with property values spanning from $1.39 million to an astounding $9.99 million. The analysis showcases Beverly Hills Gateway’s dominance at the peak with nearly $10 million, while only eight neighborhoods exceed the $3 million threshold. The representation across cities shows interesting patterns, with Los Angeles contributing 19 neighborhoods, Beverly Hills adding 7, and Malibu completing the list with 4 locations. The appreciation rates tell an equally compelling story, with Malibu leading at an average of 112.5% growth since 2015, followed by Beverly Hills at 80.4% and Los Angeles at 74.5%.

LOS ANGELES (AP) — For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children’s birthday parties and decorations for New Year’s Eve celebrations. Now, the go-to shop for everything from cartoon-themed balloons to Super Bowl decor is closing stores. Party City announced Saturday that it would start a “wind down” of its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide. The company has also filed for Chapter 11 bankruptcy protection for the second time in less than two years “to maximize value for the benefit of the company’s stakeholders.” “The decision was made following exhaustive efforts by the company to find a path forward that would allow continued operations in an immensely challenging environment driven by inflationary pressures on costs and consumer spending, among other factors,” Party City said in a statement. Party City also filed for Chapter 11 bankruptcy protection in January 2023. That move allowed for a restructuring that eliminated nearly $1 billion in debt. But “macroeconomic headwinds more recently proved too severe” to overcome, the company said.

We pay half of our two family members' rent in Los Angeles so we can stay with them when we want. Most of the year, we live in our house in Wisconsin, where my husband works and our mortgage is low. We've had to get creative to afford to live...

How much should wealthier and whiter communities help to address Los Angeles’ housing needs and alleviate homelessness?. In recent weeks, the answer to that question from city leaders appears to be that such communities — despite having better access to the city’s best resources — may not have to do very much at all.

Erwin Jacob Miciano left the Navy in 2021 to focus on his real-estate business full time. Miciano and his wife used VA loans to buy a triplex and start their business, Semi Homes. Semi Homes helps homeowners avoid foreclosure and launched Miciano's real-estate career. This as-told-to essay is based on...

Rezoning Program Aims to Tackle Housing Shortages but Faces Feasibility Concerns. The Los Angeles City Council voted unanimously on Tuesday to approve new land use regulations designed to advance the goals of the city’s 2021-2029 housing element, aiming to address housing shortages and affordability. The package, known as the...

Designed for the next wave of baby boomer renters, the James of Irvine (Calif.), the area’s first senior living community is set to open in summer 2027. The eight-story will offer upscale amenities, exceptional care and a vibrant, walkable location in the heart of Orange County. The James will...

Majestic Realty Co. secured a long-term lease agreement with Win.IT America, Inc. for the 606,480-square-foot Building #5 at its 290-acre Grand Crossing South master-planned business center in City of Industry. The agreement marks the second full-building lease with the cross-border, e-commerce supply chain provider in the past two years. Win.IT also occupies the 240,500-square-foot Building #4 in a deal secured in 2023.

More than 1 million people across the country earn paychecks of $500,000 or higher, according to a report that analyzed payroll records on millions of salaries paid over the course of a year. The study titled "High-paying jobs? They’re a dime a dozen," which was done by ADP, a leading...

2425 Frey Ave Venice, CA 90291 This 4 Bdrm/3 Bath home blends a timeless, modern design with a serene indoor/outdoor flow, tucked just behind Abbot Kinney Blvd. As you enter, embrace the quintessential SoCal lifestyle with a welcoming, private front deck that seamlessly opens into the cozy living room. Out back, a lush patio sets the perfect stage for alfresco dining and gatherings, offering an ideal space to entertain family and friends. The heart of the home is a stunning kitchen featuring pristine white Caesarstone countertops, a beautifully tiled backsplash, and a spacious island with ample storage and seating...

Across the United States, spending over $1 million on a home is considered unusual.

North Hollywood neighbors are frustrated with real estate developers who own vacant lots along their street after a fire broke out in one of the empty buildings. "I've lived here for a year and a half and it's gotten way worse," neighbor Richard Alonzo said. Alonzo lives across the road from the building that burned on Hartsook Street near the North Hollywood Arts District. He claimed that transients had taken over the abandoned building. "A lot of homeless people going in and out," Alonzo said. "Not even just homeless people — people who looked regular, dressed nice going in...

Explore the latest prices for homes and rentals in and around Los Angeles.

Tenants in Eagle Rock could be forced to leave their rent-stabilized building to make room for a new housing project, leaving many fearing for their future. "Stress, anxiety, fear, where am I going to go? I mean, I grew up here. This community is my home," said tenant Celena Juarez, who's lived in the building for 47 years. She pays $460 a month for her two-bedroom apartment. Celena's mother Sally lived there first. She still lives in the building but a different unit. Documents from the Los Angeles City Planning department show plans for a seven-story affordable housing apartment...

The number of apartment units approved by the city of Los Angeles has hit a 10-year low, dropping nearly 45% in the past five years alone and raising red flags for the city’s ability to generate anything close to the level of housing it says it needs. Acquiring building...

Colliers’ Integrated Advisory Services Team has secured the leasing assignment of Brookfield’s California Market Center (CMC), a 1.9-million-square-foot hub for creative office and mixed-use space located at 110 E. 9th St. in the Fashion District of Downtown Los Angeles. Vice chair Matthew Heyn, EVP Ian M. Gilbert, and first VP Kristen Bowman will lead the marketing and leasing efforts.