L.A. Times - Real Estate News

Minecraft creator asks $70 million for Beverly Hills mansion with 15 bathrooms, private nightclub

Jack Flemming — Tue, 27 Oct 2026 23:08:29 GMT

Markus Persson, creator of "Minecraft," is selling his Beverly Hills home for $70 million — the same price he paid for it in 2014.

West Hollywood's tallest tower could rise on a former concrete plant site

Roger Vincent — Tue, 27 Oct 2026 10:00:00 GMT

If approved by the WeHo City Council, the complex at 1000 N. La Brea Ave. will have 514 units including 128 units set aside to rent at affordable rates.

Mt. Waterman ski resort near L.A. relisted for $3.3 million after deal falls through

Lisa Boone — Sat, 24 Oct 2026 19:57:20 GMT

The historic Mt. Waterman Ski Resort, one of Southern California's steepest ski resorts and only an hour from downtown Los Angeles, was relisted for sale on Wednesday at $3,275,000.

Legendary Hollywood recording studio is up for sale

Roger Vincent — Thu, 22 Oct 2026 10:00:00 GMT

Founder of legendary Hollywood recording studio plans to sell

Nicolas Cage battles sinkhole that threatened his Malibu home

Jack Flemming — Mon, 19 Oct 2026 19:50:41 GMT

After a sinkhole swallowed his driveway in September, Nicolas Cage has received permits to remove debris and guard the home from further damage brought by tropical storms.

Bass vs. Raman: Who can make housing more affordable?

Jack Flemming — Fri, 16 Oct 2026 10:00:00 GMT

Karen Bass and Nithya Raman both have plans to help L.A.'s housing crisis. Will either make living here more affordable?

The Victorian, a popular Santa Monica party mansion, set to shut down

Ella Chakarian — Thu, 8 Oct 2026 10:00:00 GMT

The Main Street restaurant and nightclub will close at the end of the month. The city has approved plans for a private members club to take over.

The Bloc is back on the market as downtown L.A.'s office market shows signs of bottoming out

Roger Vincent — Wed, 7 Oct 2026 10:00:00 GMT

The Bloc, a massive mixed-use complex in the heart of downtown Los Angeles, is on the block for sale as the commercial property market shows signs it is bottoming out with buildings changing hands at big discounts.

New Gehry concert hall takes shape in downtown Los Angeles

Roger Vincent — Tue, 6 Oct 2026 21:00:00 GMT

A pet project of architect Frank Gehry, a smaller concert hall to complement his legendary Walt Disney Concert Hall, is taking shape in downtown Los Angeles for an opening next September.

Your guide to L.A. City Charter Amendment PL: Streamlining Planning Department processes

Jack Flemming — Thu, 1 Oct 2026 10:00:00 GMT

Charter Amendment PL is a bit confusing, but at its core it contains five proposals that would streamline and speed up certain L.A. City Planning Department processes, such as reviews and appeals.

Your guide to Proposition TE: Exempting fire victims from the 'mansion tax'

Jack Flemming — Thu, 1 Oct 2026 10:00:00 GMT

Some Palisades fire victims are paying hundreds of thousands of dollars in Measure ULA taxes when selling damaged or destroyed homes. In November, voters will decide whether they deserve a tax exemption with Proposition TE.

Peter Thiel buys troubled Bel-Air mega-mansion for $130 million

Jack Flemming — Wed, 30 Sep 2026 20:35:12 GMT

Billionaire Peter Thiel has been revealed as the buyer of Casa Encantada, a storied Bel-Air mega-mansion that was auctioned off for $130 million over the summer.

Studio bets $450 million on stacked soundstages, sky bungalows to woo production back to Hollywood

Roger Vincent — Wed, 30 Sep 2026 10:00:00 GMT

Construction is far along on Echelon Studios Hollywood: an old-school movie studio with all the standard features, but stacked in a single building rather than spread out on a sprawling lot.

L.A. approves $466 million in affordable housing spending, the largest pool ever

Jack Flemming — Wed, 23 Sep 2026 18:54:34 GMT

L.A. City Council approved $466.6 million in affordable housing funding on Tuesday. It'll go toward developers, nonprofits and land trusts developing housing projects.

Costa Mesa approves Fairview Development Center project

Roger Vincent — Tue, 22 Sep 2026 10:00:00 GMT

A large-scale housing development has been approved on the former site of a state hospital campus in Costa Mesa.

Broadcom buys its Irvine office building

Roger Vincent — Mon, 14 Sep 2026 19:49:45 GMT

Broadcom paid its former landlord, PRP Real Assets, $325 million for the 660,000-square-foot research campus in one of the largest office sales in Southern California in recent years.

Taco Bell will move to larger Irvine headquarters

Caroline Petrow-Cohen — Mon, 14 Sep 2026 18:57:37 GMT

Taco Bell and Habit Burger & Grill will move their joint headquarters to a larger campus in Irvine after spending more than 15 years near the Irvine Spectrum Center.

L.A. renters dream of Las Vegas, but outsiders steer clear of L.A., survey shows

Annika Duneja — Fri, 11 Sep 2026 11:00:00 GMT

Las Vegas and Riverside emerge as escape hatches for L.A. renters crushed by housing costs

A billionaire was accused of stealing Malibu sand. Now he's donating a new beach to the public

Jack Flemming — Fri, 4 Sep 2026 21:47:18 GMT

A billionaire businessman was accused of stealing sand from Malibu's Broad Beach. Now, he's donating a slice of beachfront to the public under a proposed settlement.

Newsoms list Sacramento-area mansion for $7.5M, plan to exit city governor once called 'so dull'

Iris Kwok — Mon, 24 Aug 2026 22:59:00 GMT

The 12,700-square-foot mansion in Fair Oaks — an unincorporated community in Sacramento County bordering the American River — has been listed for $7.5 million.

Mark Zuckerberg buys an Irish castle

Queenie Wong — Sat, 22 Aug 2026 10:00:00 GMT

Mark Zuckerberg and other tech moguls have been purchasing property outside of California.

How to save $2,000 a month in L.A.: Rent

Annika Duneja — Wed, 19 Aug 2026 10:00:00 GMT

Buying a home costs more than $2,000 a month more than renting in the L.A. area

Skyscrapers for seniors scheduled to sprout over Warner Center

Roger Vincent — Tue, 18 Aug 2026 10:00:00 GMT

A $2-billion high-rise affordable housing complex is set to change the skyline of Warner Center and set a new precedent for assisted senior living in Los Angeles.

After local outcry, stalled Destination Crenshaw project sees movement

Jack Flemming — Fri, 14 Aug 2026 10:00:00 GMT

Destination Crenshaw, a beautification project meant to transform the Crenshaw Corridor, has been stalled for years. After a local town hall demanding answers, the city has started to clean up the construction this week.

Major international ad agency moves to El Segundo

Roger Vincent — Wed, 5 Aug 2026 22:36:06 GMT

Major new tenant in El Segundo

Port of Long Beach buys downtown office tower as vacancies surge

Caroline Petrow-Cohen — Wed, 5 Aug 2026 10:00:00 GMT

The Port of Long Beach has invested in a 13-story tower downtown that will be home to shipping and logistics companies and the port's internal training program.

'It's not like I'm painting a tiger on my house': Sunset Square squabbles over its HPOZ rules

Jack Flemming — Wed, 5 Aug 2026 10:00:00 GMT

A battle is brewing in Sunset Square, where residents are fighting over HPOZ rules. Some say the historic protections are saving the neighborhood. Others claim they're destroying it.