Los Angeles Real Estate

Billionaire philanthropists’ Bel Air home seeks $35M

A Bel Air manse tied to late philanthropists John and Marion Anderson is seeking $35 million. The 10,200-square-foot property has five bedrooms and six bathrooms across two stories. A swimming pool, tennis court and a pavilion with a wet bar surround the home. A trust tied to the Andersons purchased the site in 2009, property [...]

Reese Witherspoon’s former Bel Air estate hits the market asking $16M

The cathedral-like home was designed by architect Gerard Colcord This pedigreed Bel Air estate, built in 1969, is the former home of actors Reese Witherspoon and Ryan Phillippe, as the Los Angeles Times reports. But the property has plenty of appeal beyond its association with the celebrity couple of years gone by. Designed by noted [...]

Historic Owlwood Estate Comes Back Up for Sale at $180 Million

The sprawling, approximately ten-acre estate currently has one existing residence, an ornately articulated Italian Renaissance villa designed by illustrious architect Robert D. Farquhar and built in 1936 for Florence Letts Quinn, ex-wife of department store magnate Arthur Letts, Junior. Subsequent owners of the conspicuously opulent 12,200-square-foot mansion include hotelier Joseph Drown, business partner of Conrad [...]

Marilyn Monroe’s Los Angeles House Sells for $7.25 Million

The only home Marilyn Monroe ever owned and where she died of an apparent overdose in 1962 has sold in Los Angeles for $7.25 million. Mansion Global was the first to report when the 2,600-square-foot hacienda hit the market in April. The icon’s former home sold for $350,000 above asking price and sold in less than 10 [...]

The richest neighborhoods in Los Angeles

For well over a century, Los Angeles has been attracting plenty of wealthy residents seeking the success-affirming ocean views and rays of California sunshine.  But when it comes to picking a neighborhood, where are the wealthy citizens of LA most likely to settle? Not too surprisingly, the answer seems to be Bel Air—where developers of [...]

Paul McClean on his “wild” ride to prominence and that $500M spec home

Irish architect is designing Nile Niami giga-mansion Ireland-born architect Paul McClean has become somewhat synonymous with the high-end housing boom in Los Angeles. While he was undoubtedly prolific before — designing homes for celebrities and high-net-worth buyers that include Clavin Klein and the Winklevoss Twins — McClean became a household name last year after it [...]

Star Broker or Not? Decision Comes Down to Deciding Who Can Get the Job Done

In luxury real estate, any type of branding, from the name of the building to the attached star architect, developer or designer, can add value and help drive sales. But what’s the impact of a star broker when it comes to buying or selling a property? That depends on how the broker made a name for him or herself, [...]

Compass broker Tomer Fridman to star in new Kardashian real estate show

Real estate agent to the stars Tomer Fridman and Scott Disick of “Keeping up with the Kardashian” fame are partnering up to star in a reality show centered around house flipping. The show is tentatively being called “Royally Flipped” and the pilot is already in the works, featuring homes in Malibu and the San Fernando [...]

8-story ‘micro hotel’ planned next to Mama Shelter in Hollywood

The 212-room hotel will offer guests the chance to “customize” their experience Last month, we reported on a mysterious hotel project proposed for a part of Hollywood that’s not going to have any shortage of hotel rooms before long. Now, the city has released an environmental study that sheds more light on the project. Located next door to Mama Shelter on [...]

Beyoncé and Jay Z made $120M offer on remodeled Bel Air manse: report

After a few near misses, Beyoncé and Jay Z may finally be buying a permanent home in L.A. The cardinal couple of pop has put in a $120 million offer on a spec home at 454 Cuesta Way in Beverly Hills, Page Six reported. The couple, who are expecting twins, have reportedly been planning to move their [...]