Mesmerizing gif shows how much LA’s transit network will grow under Measure M
Not sure about that. They’ve already done that in Cheviot Hills and Beverly Hills. We know the people in West Hollywood (the government at least) is supportive, unlike the numbnuts in Beverly Hills. Are there any other areas loaded with NIMBYs with thick wallets that are planned for building rail lines? Sherman Oaks, maybe?
Open Thread: We're answering all of your real estate questions
A colleague of ours recently moved from Cheviot Hills to Westlake Village after having been in Cheviot for more than 15 years. He loves the opportunity to be more active with mountain bike riding and getting to spend more time outdoors. These suburbs are really quite wonderful. These quality of life components and more affordable values in outlying areas continue to drive the market. I’m by no means an expert on Agoura Hills / Westlake’s markets, but they seem to be healthy from what I can observe.
Open Thread: We're answering all of your real estate questions
While I don’t have any experience myself in selling the neighborhoods of Lake Balboa and Van Nuys, I have helped a client with a purchase in West Hills just a bit further to the West. He’s seen healthy appreciation on his properties there, both from the improvements that he’s made to the homes and the market bringing higher values with time. Real estate is historically an investment that has gone up over time. I think it’s important to always buy within your comfort level – establish a budget you’re comfortable with and find a property that fits as many of your "must haves" to purchase. If LA proper doesn’t fit the budget, find an area that you like and that has a history of positive appreciation. Have your agent run a comparative market analysis on any property you’re considering purchasing to see the active, pending and sold comparables for the subject property. Make sure you’re comfortable with the price that you’re offering and that you feel like you’re making a sound investment.
Santa Monica traffic has 'finally hit the tipping point'
No heavy rail metro system in America runs express trains other than New York and Chicago.
Connecting the VA, Westwood/UCLA, Century City, Beverly Hills, and Fairfax District to Downtown and the rest of the network is hardly useless, it’s expected to generate another 64,000 riders according to FTA figures.
Metro’s reports put Purple Line from Union Station to Veteran’s Hospital station at 25 minutes.
Activists submit signatures for ballot measure to stop LA development
There are 118,000 properties that fall under RSO aka "rent control" in the city of Los Angeles. Those 118K mostly multi-unit properties consist of "approximately 631,000" units. Hence, the ~641K RSO units quoted by the LA Times as well as the 118K RSO properties quoted elsewhere. Of course, this is once again only in the city of LA, not the county which also has 3 other cities that have some form of rent control/stabilization/RSO or another: Beverly Hills, Santa Monica, and West Hollywood.
If you rent in the City of Los Angeles, your rental unit may be subject to the City’s Rent Stabilization Ordinance (RSO), if the property was built on or before October 1, 1978. Newly constructed units that replaced demolished RSO rental units may also be covered under the RSO. The RSO regulates rent increases and evictions.
There are approximately 631,000 units in 118,000 properties throughout the City of Los Angeles that fall under this ordinance, including apartments, condos, co-ops, rooming houses, and hotels and motels. Mobilehomes in mobilehome parks are also covered by the RSO.
Generally, the RSO applies to rental properties that were first built on or before October 1, 1978 as well as replacement units under RSO Section 151.28 and is any of the following:
Apartment
Condominium
Townhome
Duplex
Two or more single family dwelling units on the same parcel
Rooms in a hotel, motel, rooming house or boarding house occupied by the same tenant for 30 or more consecutive days
Residential unit(s) attached to a commercial building
Take a look around the newly reopened Runyon Canyon
The good, the bad, and the ugly. GOOD: water fountains, new trash cans, a few new benches, replenished grass in yoga yard. BAD: paving the main hiking trail with asphalt?? C’mon, Parks & Rec division…doesn’t anyone there understand what is the purpose of parks and recreation? It’s for people, not for emergency vehicles. What a shock to find the little bit of earth and nature to hike on in Runyon removed and replaced by an asphalt road – you might as well walk on any street in the hills. Also, if it had to be paved, why asphalt, which is black and retains solar heat substantially more so than concrete does? Didn’t anyone think about the other visitors to the park – the dogs? Their paws are literally subject to getting burned on summer days. With no shade on that road – the asphalt is a lot hotter than the air temperature. Whoever makes these decisions at L.A. Parks & Rec should walk the new road without shoes on a hot day to see how intelligently they thought this out. It’s an embarassment. Previously, any back-to-nature aesthetic one could possibly feel is now gone. Can’t wait to hear about the flooding that occurs after the first big rain storm – all that water rushing down the road into the streets and homes below. There’s no catch basin or street drains on it. Another major planning error. I’m guessing that within a decade, the road will be in about the same condition as it was before the makeover. What a mistake! UGLY: They could have removed some of the old debris, dead trees, etc. Instead of dumping wood chips on the ground, how about a few new plants/trees in the canyon? And seeding the park so when the rains do come, it can turn into a wildlife oasis for a few months. It’s one of the most popular parks in all of L.A. Although this "renovation" had some minor improvements, Runyon deserves more attention. And visitors, be aware of your 4-legged friends on hot days …that road can scorch their paws.
Neighborhood Integrity Initiative rakes in $750K in three months
Of course these out-of-touch millionaires support the measure. All they really care about is how fast they can drive through the flats on their way from the studios to their hilltop gated enclaves.
You better move that sweet ass across the street as fast as you can, Abuelita. Leo’s had a long day, way too much blow, and those teenagers waiting at his palace in the hills are charging by the hour. Andale!