Rancho Mirage Homes For Sale

RANCHO MIRAGE HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Rancho Mirage Homes

Rancho Mirage Homes

Rancho Mirage is a resort city in Riverside County, California surrounded by Palm Springs,  Cathedral City, Desert Hot Springs, Thousand Palms and Palm Desert. The population hovers around 20,000. Located between Cathedral City and Palm Desert, it is one of the nine cities of the Coachella Valley, commonly referred to as the Palm Springs area.  #ranchomirage #homesforsale

Rancho Mirage Homes For Sale Map

Rancho Mirage Homes For Sale Map

After World War II, The Annenberg Estate, also known as Sunnylands, had long been popular with the wealthy and powerful, including Frank Sinatra, Bob Hope, Fred Astaire and Ginger Rogers. Several United States Presidents have vacationed at Sunnylands, including Richard Nixon, Ronald Reagan, and Gerald Ford. Ford later bought a house in Rancho Mirage and was living there at the time of his death in 2006. The Betty Ford Center, a world-renowned addiction rehabilitation center, is located in Rancho Mirage at the Eisenhower Medical Center. President Barack Obama has also used Sunnylands for summit meetings with world leaders during his administration. This has led the estate to be dubbed “the Camp David of the West.”

Rancho Mirage offers twelve golf courses, one of its founding industries. Rancho Mirage has recently expanded its economy from one based on seasonal, resort-based golfing and low-paying rentals, to include light industry and commerce near the I-10, as well as luxury retail centers such as The River shopping complex.

homes-under-500k-cp-ad-rsi-j

The city attracts an abundance of retired seniors, with an above-average household income. The average single family home in 2016 sold for $770,092.

Within driving distance to Los Angeles that is perfect for a weekend getaway, a large number of famous persons have chosen to have a home in Rancho Mirage, including: Gerald Ford, Barack Obama, Spiro Agnew, Stuart Anderson, Walter Annenberg, Desi Arnaz, Lucille Ball, Barbara Boxer, Larry Ellison, Harpo Marx, Ginger Rogers, Dinah Shore, Frank Sinatra and Jane Wyman.

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RANCHO MIRAGE HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Rancho Mirage

Rancho Mirage

Copyright ©  This free information provided courtesy SoCalHomeBlog.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (888) 240-2500 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
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PLACENTIA HOMES FOR SALE

PLACENTIA HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Placentia Homes

Placentia Homes

Placentia is a northern Orange County, California city situated between the cities of Fullerton, Brea, Yorba Linda and Anaheim. The population was 50,533 during the 2010 census. Districts in Placentia include the Neighborhood of La Jolla, and the formerly unincorporated community of Atwood at the southern edge. Primarily known as a bedroom community, Placentia contains about 16,000 houses, condos and apartment units in its quiet neighborhoods. Renters make up about 36% of the residents. 87.8% of Placentia residents enjoy either an adequate standard of living or better.  #placentia #homes

Placentia map

Placentia map

Placentia is a recipient of the prestigious All America City Award, given out annually by the National Civic League to ten cities in the United States. With expanded Metrolink train public transportation, Downtown Placentia enjoys revitalization and increased metropolitan-style real estate such as condominiums. Top employers include schools, Placentia-Linda Hospital, Hartwell, Premedia and municipal government.

The George Key Ranch Historic District citrus ranch with Victorian ranch house has been turned into a 2-acre historic park, which is on the National Register of Historic Places. The Placentia-Santa Fe District is in the southwest or downtown area. The town is home to the A. S. Bradford House, a historic house museum. It is also home to the 100 year old Berkenstock Mansion. Fill out the online form:

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PLACENTIA HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Copyright ©  This free information provided courtesy SoCalHomeBlog.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact 888-381-5588.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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Indio Homes For Sale

Indio is a city in Riverside County, in the Coachella Valley of Southern California’s Colorado Desert region. East of Palm Springs, the word Indio is Spanish for Indian. #indio #homes for sale

INDIO HOMES FOR SALE  |  NEW HOMES  |  UNLISTED

Indio, CA Homes For Sale

The population has been growing rapidly in the last 20 years, and today boasts about 100,000 residents. With a large percentage of young families, the warm desert oasis also attracts a large number of retirees and and a large group of annual visitors who migrate down for winter retreats to escape cold climates of Canada and the Northern United States.

Indio was once known as “the Hub of the Valley.” Today Indio most often referred to as the “City of Festivals” because of cultural events held in the city, most notably the huge Coachella Valley Music and Arts Festival, or simply “Coachella,” which has gained international attention as it attracts up to 200,000 visitors per year to see the most popular music artists. Take a look at Indio, CA homes for sale:

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High mountain ranges on three sides contribute to its unique and year-round warm climate, with some of warmest winters west of the Rocky Mountains. Indio is in the Colorado Desert region of the Sonoran Desert. It is adjacent to the geologic Salton Sink and within the site of historic Lake Cahuilla of the Lower Colorado River Valley. Indio is an official National Bird Sanctuary, because of the seasonal bird migration flight routes that cross the town en route to the Salton Sea.

In the past 25 years (from 1984 to 2008), Indio has grown many times its fromer size. Indio experiences unprecedented growth for being a select area of choice for thousands of new residents per year: an average of 25 new residents flock to the city each day.

City leaders and other locals are busy constantly expanding city public services, including recreation venues, commercial retail shoppping centers and industrial complexes.

Two major contributions to the thriving economy are year-round agriculture and winter tourism amid the date palms and citrus groves.

Local businesses include United States Filter Corporation, Guy Evans Inc., Borden, Coca-Cola, Ernie Ball, Ernst and Young, Guthy-Renker, Pulte Homes and Sunrise Company. Other top employers are the county, state, city, hospitals, Boulder West Components, Tidwell Concrete Construction, Mathis Brothers and Home Depot.

Native American Fantasy Springs Resort Casino, owned by the Cabazon Band of Mission Indians and the Spotlight 29 Casino, owned by the Twenty-Nine Palms Band of Mission Indians.

Riverside County has a Regional Occupational Program facility in Indio that provides vocational educational courses in the Coachella valley’s job market. The California Desert Trial Academy School of Law

INDIO HOMES FOR SALE  |  NEW HOMES  |  UNLISTED

Three daily newspapers serve Indio, the Desert Sun, Riverside-based the Press-Enterprise and the Los Angeles Times are available in markets, coffee shops and book stores. Indio is served by several free weekly publications, as well as The Sun Runner Magazine, based out of Joshua Tree, but covering the California desert region. Tidbits newpaper is very popular read in the area.

Indio has ten local television stations serving the Coachella Valley, and six Spanish-language networks (local or regional affiliates like KUNA-LP and KVER-CA), some are over-air signals from Mexico. About eight Los Angeles television stations are available on cable and satellite service.

Three radio stations.
Bermuda Dunes Airport (FAA designator: UDD)

John F. Kennedy Memorial Hospital is a General Acute Care Hospital in Indio with Basic Emergency Services as of 2006.

The city of Indio has 20 public parks:

City of Indio Park.
Miles Avenue Park near the Coachella Valley History Museum.
Doug York Plaza.
Downtown Indio Park (Grass lot).
Fiesta Tamale Park (Grass lot).
Indio Teen Center and Park, across from Indio High School.
South Jackson Park with Pawley Pool facility, a soccer field, a little league baseball stadium (Davis Sports Complex) and a YMCA/Boys & Girls club.
North Jackson Park, near Jackson School.
Tingman Park under the Jackson street bridge/Indio Boulevard (Historic US Route 99), named for city co-founder Pat Tingman.
Dominguez Park on Crown Way, named for Al Dominguez, the city’s first Mexican-American councilman in the 1950s/1960s.
Dr.Carreon-Nobles Ranch Park-Playground with water tower arts mural of local history.
Yucca (Lane) Park-Playground.
Cahuilla Park- formerly called Indio Terrace Park.
Shields/Westside Park-Playground.
George S. Patton Park.
Hjorth Park-Playground.
Mulligan Dog park.
Burr(street)park.

In 2001, Forbes magazine listed Indio west of Monroe Street as one of America’s wealthiest areas.

INDIO HOMES FOR SALE  |  NEW HOMES  |  UNLISTED

Indio Homes For Sale

Indio Homes For Sale

 

 

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Lafayette Square Mid City Los Angeles

Lafayette Square Mid-City L.A. Real Estate Update

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

Lafayette Square Mid-City Los Angeles

Lafayette Square Mid-City Los Angeles

LaFayette Square

Today, large houses make up the 236 homes in the neighborhood. It is immediately south of Victoria Park, southeast of West Los Angeles (Crestview and Picfair Village) and immediately north of Wellington Square.  #lafayettesquare #midcity #losangeles

Home_in_Lafayette_Square_1

This older neighborhood in Los Angeles has a European flair and it was designed as an elegant residential park centered on St. Charles Place, a palm tree-lined avenue with a landscaped median. The houses in Lafayette Square reflect residential styles popular during the 1910s and 1920s such as Tudor Revival Architecture, Italianate, Mediterranean Revival, Neo-Federalist, American Craftsman, Spanish Colonial Revival, and American Colonial Revival. Several houses, were designed in the Modern style, exemplifying an important trend in Los Angeles’ architectural development.

Originally, the neighborhood was designed for wealthier families and now-historic houses commonly have 5,000 to 6,000 square feet (600 m2) floor plans, today the average home size is 3,600 square feet. Today the neighborhood is a mix of large and medium size homes.

Most of the original properties have period details, such as Juliet balconies, mahogany staircases and libraries, sitting rooms, stained glass windows, triple crown molding, soaring ceilings, and even 4-car garages.

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

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Can Your Mid-City Real Estate Agent Answer These Important Questions?

Whether you are selling or buying a Los Angeles home, the real estate agent you hire is critical to guaranteeing that you make the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect so much more than that.

The housing crisis made everyone aware that truly understanding the local L.A. real estate market is more complicated than it seems. Today, there are many questions your real estate agent must be able to answer to ensure that you are making the right decision. Here are just a few:

  • What impact does the movement in mortgage interest rates have on buyer demand? 
  • With home prices increasing rapidly, are we headed toward another housing bubble?
  • Do you need a 20% down payment to purchase a home?
  • Why can’t we list at a higher price and drop it later if necessary?

When you are interviewing an agent to represent you in your next real estate transaction, make sure they can intelligently answer all your questions, while simply and effectively explaining what is happening in the Mid City, Downtown L.A. and Koreatown area housing market.

Get a free list of LaFayette Square, Mid City and nearby neighborhood Homes For Sale. Fill out the online form:

 

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

Corey Chambers, Realty Source Inc, BRE#01889449

 

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The Movie Colony (Palm Springs, CA)

THE MOVIE COLONY HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

The Movie Colony (Palm Springs) Homes – East Via Colusa Drive

The Movie Colony (Palm Springs) Home on East Via ColusaThe Movie Colony is a neighborhood in Palm Springs, CA, just east of Palm Canyon Drive.  This area started to become popular in the 1930’s as Hollywood’s movie stars sought places where they could have more peace and quiet away from crowded Los Angeles.  Although the original houses were smaller than the estates in L.A. occupied by these celebrities, most have been rebuilt and there are many sprawling mansions hidden behind high walls and landscaping.  Some of the early stars and Hollywood moguls to build in this area were Frank Sinatra, Estée cp-ad-save-thousandsLauder, Bing Crosby, Bob Hope, Cary Grant, Jack Benny, Harry Cohn, David O. Selznick, Dinah Shore, Marilyn Monroe, Al Jolson, and Liberace.  At about 110 miles from Hollywood, Palm Springs was far enough to get away for a vacation, but close enough to drive back in just a few hours.  Surrounding neighborhoods include El Mirador to the north, Ruth Hardy Park on the east, and Old Las Palmas to the West.  The Palm Springs Convention Center is one block south, and the Palm Springs International Airport is only about a 10 minute drive.  The borders of The Movie Colony are E. Tachevah Drive on the north, N. Avenida Caballeros on the east, E. Alejo Road on the south, and N. Indian Canyon Drive on the west.  This tiny desert oasis has an area of just over 0.25 square miles!

 

With less than 200 homes, The Movie Colony is a small but affluent neighborhood, with many large property lots featuring pools, tennis courts, and guest houses.  The community features a mix of California Ranch, Spanish, Mid-Century Modern, as well as newer homes, giving the feel of modern chic mixed with retro charm.  There are 2 parks, the Desert Healthcare-Wellness Park, and the Ruth Hardy Park, and hiking trails are available just a few miles away at the Agua Caliente Indian Reservation.  In the early days of the area, those who didn’t own a home could stay at the nearby luxury El Mirador Hotel, which was converted to a hospital during WWII and is now the Desert Regional Medical Center having never been converted back to a hotel.  The Movie Colony is also walking distance to downtown Palm Springs where many restaurants and retail boutiques can be enjoyed year round!  For the those who want a peek at the homes of all of those movie stars who started the community, celebrity bus tours are available to all of the city’s most starstruck neighborhoods – The Movie Colony, Las Palmas, and Racquet Club Estates.

#themoviecolony #palmsprings #homesforsale #socalhomeblog

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Get more information on this and other nearby neighborhoods. Fill out my online form:

THE MOVIE COLONY HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

 

 

The SoCal Home Blog (SoCalHomeBlog.com) is the authority on the hottest real estate of Southern California.  Founded by Corey Chambers in 2014, the website offers the best and most powerful web based home search.  Also available at LA Loft Blog (LALoftBlog.com) is up-to-date information on the best lofts and best investment properties and real estate in Downtown Los Angeles.  As the Downtown Authority, LA Loft Blog was the format for the SoCal Home Blog which adds priority access to neighborhood information, including the most popular neighborhoods, property descriptions, pictures of homes, not listed homes, pocket listings, help for buyers, help for sellers, home bargains, fixer uppers, and off market houses in the fastest growing real estate market in Southern California.  Information is organized to help you find neighborhoods, adjacent neighborhoods, affluent neighborhoods, trendy neighborhoods, wealthy neighborhoods, and affordable neighborhoods.  We help buyers get priority access to homes, and offer sellers a price guarantee in writing.  SoCal has some of the best weather, best lifestyles, and best deals!

SoCal Home Blog can help you find bank owned, company owned, and off-market listings, to get the best deals on homes – homes for sale and even those not listed.  Unadvertised and unlisted homes can be found in most neighborhoods of Los Angeles, and can save thousands or tens of thousands of dollars off listing price.  By providing this info, buyers feel in control and not pressured to buy a home.  Most real estate agents will beg buyers to come to the office and then waste your time driving you house to house hoping they can choose one you will like.

The SoCal Home Blog gives advantages to buyers and sellers with information about homes, houses, condos and lofts, whether near a desert oasis like Palm Springs (called the movie colony by some), or the snowy peaks of the San Gabriel Mountains.  We will help you find the top homes to buy or rental income properties with a positive cash flow- many of the most popular areas and neighborhoods in SoCal actually have negative cash flow for investors and owners.  Our goal is to help buyers find the best investment house or condominium.  For info on downtown L.A. lofts go to laloftblog.com

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Key words: best condominiums, best deals, best homes, best houses, best investment, best investment condo, best investment home, buyers help, comfortable weather, competitive real estate, home deals, house bargains, houses, houses for sale, not listed, not listed houses, not on internet, off market, offmarket, offmarket homes, pictures of houses, real estate agency, real estate agent, real estate market, real estate tools, REO, Southern California homes, Southern California homes for sale, trendy homes, unlisted, unlisted houses, unlisted listings.
Posted in Homes For Sale, Neighborhoods, Palm Springs, SoCal Home Blog | Tagged , , , | Leave a comment

Lakewood Homes For Sale

LAKEWOOD HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Lakewood Homes For Sale

 

Lakewood is a city of about 82,000 in southwest Los Angeles County.  The city is bordered on the west and south by Long Beach, with Bellflower on the north, Cerritos to the northeast, Cypress on the east, and Hawaiian Gardens on the southeast.  Major thoroughfares include Lakewood Blvd. (SR 19), and the San Gabriel River Freeway (I-605) which runs through the city’s eastern side.  Built up over a mere decade during the 1950’s, some had referred to the area as an “instant city”.  Developed in the 1940’s, Lakewood is a planned community that fulfilled the builders’ attempt of mass-produced low-cost housing available to WWII veterans for no money down and a 4% 30-year mortgage.  After model homes first opened in March of 1950, an average of 30 homes were purchased every day with a record of 107 in just one hour!  Monthly payments at the time were only about $50.

The fast paced building quickly transformed empty Lima bean fields into more than 17,500 cp-ad-save-thousandshomes in less than 3 years with an average of about 50 houses build every day.  The main streets of Lakewood began as wide boulevards with landscaped medians and widely spaced connector streets that accessed the smaller streets of each neighborhood.  At the time, this was hailed as the ideal city design which combined a simple grid-like layout of the major streets but with side streets that featured winding drives and cul-de-sacs giving a feeling of privacy and peace for residents.

Lakewood CA Homes For Sale

Lakeview Homes For Sale (Candlewood & Clark Street)

Lakewood was incorporated in 1954, but continued to receive most public services through a contract with the Los Angeles County (such as the LA Sheriff’s Dept. for police services, and the LA County Fire Department), with some services being provided by the city or private contractors (the city has its own police helicopter and pilot with a sheriff riding along, and ambulances are provided by a private medical company).  This setup was called the “Lakewood Plan” by other nearby cities such as Cerritos and Bellflower who adopted similar models to provide municipal services.

Lakewood was the home of the first Denny’s restaurant in 1953, founded by Harold Butler and originally named “Danny’s Donuts” and renamed Denny’s in 1959.

Lakewood is served by 4 school districts: Long Beach Unified, Paramount Unified, Bellflower Unified, and ABC Unified, providing 16 public elementary schools, 8 middle schools, and 10 high schools.  There are also 2 L.A. public libraries and 14 private schools located within the city limits.   There are 9 public parks accessible to residents spread throughout the city, and also the Lakewood Golf Course, a private club.  Lakewood also offers several community centers providing services and activities for everyone including youth and senior centers, an equestrian center, and a dog park.  Mayfair Park offers a public pool with classes and activities; youth and adaptive swimming lessons are offered Monday – Friday every half hour between 3:30pm and 5:30pm; American Red Cross Lifeguard training is offered every May (for an additional fee).

Popular community events in Lakewood include the Pan American Fiesta, Patriot Day, Concerts in the Park, the Block Party and Halloween Carnivals, that bring residents together and create a sense of community in our sometimes fast-paced and busy world. There is also a range of “family fun” events specifically created for families to gather and enjoy an event or activity as a group.  Read about even more events and services on the city’s webpage at http://www.lakewoodcity.org/

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#lakewood #homesforsale #socalhomeblog

Get more information on this and other nearby neighborhoods. Fill out my online form:

LAKEWOOD HOMES FOR SALE  |  NEW LISTINGS  |  UNLISTED

Lakewood CA Homes For Sale (Sandwood Street)

 

 

 

 

 

 

 

The SoCal Home Blog (SoCalHomeBlog.com) is the authority on the hottest real estate of Southern California.  Founded by Corey Chambers in 2014, the website offers the best and most powerful web based home search.  Also available at LA Loft Blog (LALoftBlog.com) is up-to-date information on the best lofts and best investment properties and real estate in Downtown Los Angeles.  As the Downtown Authority, LA Loft Blog was the format for the SoCal Home Blog which adds priority access to neighborhood information, including the most popular neighborhoods, property descriptions, pictures of homes, not listed homes, pocket listings, help for buyers, help for sellers, home bargains, fixer uppers, and off market houses in the fastest growing real estate market in Southern California.  Information is organized to help you find neighborhoods, adjacent neighborhoods, affluent neighborhoods, trendy neighborhoods, wealthy neighborhoods, and affordable neighborhoods.  We help buyers get priority access to homes, and offer sellers a price guarantee in writing.  SoCal has some of the best weather, best lifestyles, and best deals!

SoCal Home Blog can help you find bank owned, company owned, and off-market listings, to get the best deals on homes – homes for sale and even those not listed.  Unadvertised and unlisted homes can be found in most neighborhoods of Los Angeles, and can save thousands or tens of thousands of dollars off listing price.  By providing this info, buyers feel in control and not pressured to buy a home.  Most real estate agents will beg buyers to come to the office and then waste your time driving you house to house hoping they can choose one you will like.

The SoCal Home Blog gives advantages to buyers and sellers with information about homes, houses, condos and lofts, whether near a desert oasis like Palm Springs (called the movie colony by some), or the snowy peaks of the San Gabriel Mountains.  We will help you find the top homes to buy or rental income properties with a positive cash flow- many of the most popular areas and neighborhoods in SoCal actually have negative cash flow for investors and owners.  Our goal is to help buyers find the best investment house or condominium.  For info on downtown L.A. lofts go to laloftblog.com

Lakewood CA Homes For SAle (Bouton Drive)

 

 

 

 

 

 

 

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Key words: best condominiums, best deals, best homes, best houses, best investment, best investment condo, best investment home, buyers help, comfortable weather, competitive real estate, home deals, house bargains, houses, houses for sale, not listed, not listed houses, not on internet, off market, offmarket, offmarket homes, pictures of houses, real estate agency, real estate agent, real estate market, real estate tools, REO, Southern California homes, Southern California homes for sale, trendy homes, unlisted, unlisted houses, unlisted listings.
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Would Measure S Have Gripped Los Angeles in a Housing Shortage?

Would Measure S Have Gripped Los Angeles in a Housing Shortage?

The Los Angeles area is suffering from a housing deficit that has pushed median prices up to $610,000.  Over the past 5 years, prices have increased $240,000 leading to increased homelessness and evictions.  So would it have made sense to pass a broad measure that would essentially ban any large scale housing construction?  The backers of Measure S, the Neighborhood Integrity Initiative, argued that it would have, although for other reasons.

Median List Price, All Homes

Measure S was however defeated this March after a heated, costly battle primarily over the long-standing practice of changing zoning rules to permit buildings that are taller or denser than the established regulations would normally allow.  It would have imposed a 2 year moratorium on such zone changes, in particular, “spot zoning” to allow individual construction projects (such as apartment towers, shops and offices) to proceed when they would otherwise require a special permit and could be halted by a court case.

Although housing growth in Los Angeles added nearly 20,000 units every year from the 1940’s until the 1980’s, it then slowed dramatically as more land-use regulations were enacted and less land was physically available.  In the past 7 years, less than 25,000 new units have been added but the population has grown by about 179,000 which is why developers want to take down smaller existing structures and build huge sky-scrapers with 1,000’s of new housing units.

Bunker Hill Tower

Rusty Hicks, executive secretary-treasurer of the Los Angeles County Federation of Labor said “Defeating Measure S has spared our city from a future that would’ve meant fewer jobs, fewer funds for critical public services, fewer new homes for those who desperately need them, and even less affordable rents.”  Business groups and the mayor opposed the measure explaining that it might prevent developers from building the high density housing that is desperately needed in the L.A. area, thus eliminating possible jobs and hurting the city economically.  Furthermore, opponents say the measure would block the rezoning of unused or under-utilized land that would better used for housing construction.

However, neighborhood activists and supporters of the measure said it would help reform city hall’s “corrupt” planning process and prevent huge construction projects that increase traffic congestion, pollution, and lead to gentrification.  Campaign spokesperson Ileana Wachtel said “We were up against the establishment. It’s tough to fight the status quo and it’s tough to fight really wealthy developers.”  Others warned against the increasing “Manhattanization” of L.A. and that any such new housing developments would likely be too expensive for the many economically disadvantaged residents of the city and lead to an even larger homeless population. The measure would also have required public review of the city’s general plan every 5 years, ostensibly so that city residents could make sure no changes were being made that they didn’t like, although opponents point out that it would really just add more unneeded bureaucracy and procedures.

Real estate developers, labor unions, and other opponents of the measure raised more than $8 million to defeat the measure, while supporters only raised $5 million.  About 99% of the money supporting the measure was donated by the nonprofit AIDS Healthcare Foundation because of a high-rise Hollywood project.  Some of those opposed to the measure feel that the director of the foundation only wants to stop the construction project because it will block his view of the Hollywood sign.

The director of the Measure S campaign, Jill Stewart, argued that the political culture of the city has given rise to a “pay-to-play” culture in which politicians agree to rewrite zoning rules for real estate developers who sink money into their campaigns.  In an attempt to appease Stewart and other advocates of the measure, Mayor Garcetti pledged last fall that he would ban private meetings between developers and city planning commissioners which would expose any conflicts of interest or favoritism.

Rent Prices

Much of the debate between supporters and opponents was centered around the effect it would have on tenants as rents continue to soar- supporters believed it would prevent the displacement of longtime renters by stopping the builing of over-priced luxury apartments and condominiums which would require that older less expensive dwellings be demolished.  Opponents also accused the campaign of deceptive and irresponsible tactics such as saying the measure would help house homeless vets when it really wouldn’t, or using mailers that resembled eviction notices triggering a complaint by the Sheriff’s Department which stated such tactics were illegal.  The city leads the nation in homelessness, but just passed a ballot measure that would allocate $1.2 billion in bond revenue to fund 13,000 low income units. But it will be difficult to build these if Measure S passes, because developers often need zoning waivers to make their projects viable. For example, minimum parking requirements can greatly increase the cost of each unit, and don’t make sense since many homeless cp-ad-save-thousandspeople don’t own cars- a change in the zoning rules would allow for less space to be allocated to parking and more to housing, thus saving money for the developer.  The fact is, if developers can’t make enough money they won’t build anything!

Nonetheless, the measure was defeated by a 2-to-1 margin indicating either that voters had a clear understanding and preference, or perhaps that opponents of Measure S simply ran a better campaign!

#risinghousingcost #homesforsale #socalhomeblog

Get more information on this and other nearby neighborhoods. Fill out my online form:

Financial District, Downtown Los Angeles

Corey Chambers is an experienced Real Estate Broker who can help you find bank owned, company owned, and off-market listings, to get the best deals on homes – homes for sale and even those not listed.  Unadvertised and unlisted homes can be found in most neighborhoods of Los Angeles, and can save thousands or tens of thousands of dollars off listing price.  By providing this info, buyers feel in control and not pressured to buy a home.  Most real estate agents will beg buyers to come to the office and then waste your time driving you house to house hoping they can choose one you will like- Corey Chambers will guarantee your satisfaction in writing!

Copyright © This free information provided courtesy SoCal Home Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449  We are not associated with any homeowner’s association or developer. For more information, contact (213) 880-9910 or visit SoCalHomeBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Key words: best condominiums, best deals, best homes, best houses, best investment, best investment condo, best investment home, buyers help, comfortable weather, competitive real estate, home deals, house bargains, houses, houses for sale, not listed, not listed houses, not on internet, off market, offmarket, offmarket homes, pictures of houses, real estate agency, real estate agent, real estate market, real estate tools, REO, Southern California homes, Southern California homes for sale, trendy homes, unlisted, unlisted houses, unlisted listings.
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