The Trump Organization has sold the home at 809 N. Canon Drive for $13.5 million in an off-market sale, according to property records. The Real Deal reports that the buyer was Hillcrest Asia Limited, according to Los Angeles County records.
The median price of a Los Angeles County home rose by 3% in April, compared to the same month a year ago, helping Southern California rebound from its first sales-price dip in seven years, according to figures released Wednesday.
Amid a federal corruption and bribery investigation that appears related to real estate developments, a Los Angeles City Council committee will consider a proposal Wednesday to ban developers from contributing to local elections if they have pending projects in need of city approval.
The residence at 265 S. La Peer Dr. which once belonged to former City Manager Jeff Kolin is again on the market, this time for $2.695 million.
A Los Angeles Superior Court judge has ordered demolition of developer Mohamed Hadid’s monstrous megamansion at 901 Strada Vecchia in Bel Air, dubbed the Starship Enterprise by neighbors.
A controversial request for a Mixed Use Overlay for the Beverly Hills Media Center at 100 N. Crescent Drive has been continued until the Planning Commission’s May 9 meeting.
A property that garnered the angst of residents who opposed the megamansion development has been sold to the parents of American Idol finalist Sonika Vaid.
Amazon made it official Tuesday following several days of media speculation, with company officials announcing that they have chosen to build additional headquarters at two locations on the East Coast.
The Woolsey Fire that has burned more than 83,000 acres in Los Angeles and Ventura counties has claimed the homes of several celebrities, along with the historic Paramount Ranch, where countless movies and television shows have been filmed since 1927.