Irwindale Speedway sold; new owner plans demolition and industrial project, city says
Irwindale Speedway is sold to IDS Real Estate Group, which plans to demolish and rebuild on the site, the city says….
L.A. to vote on ‘mansion tax’ to raise money for housing. Bass, Caruso don’t support it
The L.A. ballot measure would add a tax to property sales of $5 million and above….
A $50,000 electric bill? The cost of cooling L.A.’s biggest houses in a heat wave
As heat waves hit, electric bills for mansions are becoming pricier than many mortgages….
Expansion set for old Hollywood studio amid surging demand for L.A. soundstages
The expansion of an old Hollywood studio reflects the surging demand for soundstages as streaming services such as Netflix and Apple TV+ churn out content….
L.A. moves closer to ending COVID-19 eviction protections
An L.A. City Council committee signed off Wednesday on a plan that would phase out the city’s COVID-19 anti-eviction rules at the end of January. …
In groundbreaking plan, California allows affordable housing on some commercial properties
California lawmakers struck a seemingly impossible deal to build more housing in areas traditionally zoned for big box stores and office buildings….
Lil Wayne wants $29.5 million for Miami Beach mansion
After buying a compound in Hidden Hills last year, rapper Lil Wayne has listed his waterfront mansion in Miami Beach for $29.5 million….
UC housing crisis forces students into multiple jobs to pay rent, sleeping bags and stress
As most University of California campuses start classes this month, the acute shortage of affordable housing is pushing many students into desperation, including living in trailers or working multiple jobs to cover high rents….
California bans mandated parking near transit to fight high housing prices, climate change
To fight climate change and the California’s housing affordability crisis, Gov. Newsom signed a bill that will bar cities from setting minimum parking requirements near transit stops….
Former Ram Jared Goff passes Hidden Hills home for $6.4 million
Former Rams quarterback Jared Goff, now with the Detroit Lions, sells his Hidden Hills home for $6.396 million — a profit of more than $2 million….