The city's been trying to develop DTLA's Pico House, one of LA's oldest existing structures, for years and is still at square one. Two development proposals for the 1863 building were recently sent to the slush pile; one was rejected because the developer wanted a 50-year lease agreement and the city was only prepared to offer 20. It's better than 2010, when the city sought developers and got zero offers. [Downtown News, image via]
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Desperately Seeking Pico House Developer
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Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.