What will an ADU do to your property taxes and resale value?
Fully permitted accessory dwelling units are so new, appraisers say, there’s too little information to say with much certainty how much value they add to a home….
Drake wants $88 million for Beverly Crest mega-mansion he bought last year for $75 million
Just a year after buying a Beverly Crest compound for $75 million, rapper Drake is putting the home back on the market for $88 million….
Fire-plagued apartment complex to remove tenants for sprinkler retrofit
Tenants of Barrington Plaza, a high-rise L.A. apartment complex, will be evicted to make way for the addition of fire safety sprinklers…
$55,000 to leave a rent-controlled apartment? Why these tenants say no thanks
As the L.A. rental market soars out of reach for many working families, one community wants to hold on to its low-cost housing….
L.A.’s luxury real estate market freezes, putting ‘mansion tax’ funds in limbo
After a white-hot March, L.A.’s luxury real estate market ground to a halt in April when Measure ULA kicked in, leaving the city with less money than originally projected….
Opinion: California has passed more than 100 housing laws since 2016. Are any of them working?
The state still suffers from high rents and a disproportionate homeless population. But there are signs of progress in Los Angeles, San Diego and other cities….
Amid the population exodus, California saw housing construction boom during pandemic
California’s population continued to shrink last year, but it built housing at a pace not seen since 2008, according to a state Department of Finance report….
L.A. adopts strategies for bringing 135,000 new homes to downtown and Hollywood
The two plans were designed to spur the construction of affordable housing, while establishing new safeguards to prevent displacement of low-income families….
L.A. leaders want to save downtown garment jobs. But that could mean fewer new homes
The DTLA 2040 plan would increase downtown’s housing supply by up to 100,000 housing units. Some workers fear that growth could come at the expense of their jobs….
Some sanity is finally returning to SoCal’s brutal apartment market: A rental guide
If you are searching for an apartment in Southern California, there are more rentals available than last year. Just don’t expect a deal….