Councilmember Curren Price Addresses Needs of Neighbors Affected by Botched Fireworks Detonation - Los Angeles Sentinel lasentinel.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lasentinel.net Daily Mail and Mail on Sunday newspapers.
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Welcome back to the Real Estate newsletter, your weekly window into a Southern California market that’s so hot, it’s making history.
The six-county region’s median home price hit an all-time high earlier this year, and bidding wars for the small supply of homes on the market probably won’t slow down anytime soon.
Another record was registered in the star-studded neighborhood of Beverly Park, where an Italian-inspired mansion was auctioned off for $51 million the most ever paid for a home at an auction. A second celebrity-filled enclave, Hidden Hills, saw a major listing as well when French Montana offered up the home he bought from Selena Gomez.
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Tech wealth is coming to South Los Angeles but not in the way some other neighborhoods in the city have become accustomed to.
A new program backed by the personal philanthropic company of Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, aims to help small landlords there so that properties stay in the hands of locals, stay affordable to locals and help build wealth within the community.
The Los Angeles Local Rental Owners Collaborative, or LROC, is a joint effort of nonprofits, an online property management firm and the Chan Zuckerberg Initiative. It will put $5 million in the hands of landlords particularly those slammed by the COVID-19 pandemic to pay for rent owed by struggling tenants, and for any needed building repairs.
Councilmember Curren Price Cuts Ribbon on Angels Walk Central Avenue - Los Angeles Sentinel lasentinel.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lasentinel.net Daily Mail and Mail on Sunday newspapers.
Can tech wealth save low-cost housing in South L A ? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.