A two-story gem designed in 1921 by renowned architect William Lee Woollett, laden with L.A. art and architecture history, has recently been hit the market in Outpost Estates.
The home was owned for 30 years by Walter C. and Louise Arensberg, renowned collectors and patrons of modern art. The couple were visionaries of their time, passionate about the avant-garde movement and constantly pushing boundaries in the art world.
When they acquired this Mediterranean Revival-style residence in 1927, they saw beyond its mere structure.
To them, it was a colossal canvas waiting to be filled, with its walls, floors, outdoor structures, and L-shaped layout offering endless creative possibilities.
The Los Angeles home that defined modern art
Paintings and sculptures adorned every wall, nook and cranny, and even graced the porch, doors and bathrooms. The property also hosted 4,000 rare books and manuscripts.
Louise died in late 1953 and Walter a few months later. They left their home an absolute treasure trove of art, filled to bursting with nearly 1,000 pieces.
After their passing, the couple’s art found a new home at the Philadelphia Museum of Art, while their impressive book collection was donated to California’s Huntington Library.
But the house will forever be associated with the timeless works of art that once adorned its walls.
The home and the collections it housed were even the subject of a 2020 book, “Hollywood Arensberg,” published by the Getty Museum. Following the book’s release, Architectural Digest ran a feature on the historic property, calling it “The Los Angeles Home That Defined Modern Art”.
Its architectural journey, with additions by Richard Neutra, John Lautner, culminated in an extensive $5 million renovation
The Arensbergs also had a deep love for modern architecture and had commissioned various additions to the home over the years, some of them to accommodate their remarkable collection.
Their roster of architects reads like a who’s who of cutting-edge designers from the era: Henry Palmer Sabin, Richard Neutra, Gregory Ain, John Lautner, and Henry Eggers.
Some of the home’s special features include a movie theater by Gregory Ain, an office by Richard Neutra, and a carport by John Lautner with a turntable for easy entry and exit to the estate.
Earl Stendahl, a close friend and neighbor, acquired 7065 Hillside Avenue and turned it into an extension of his Wilshire Boulevard gallery. Following his death in 1966, his family kept running the gallery for many years but eventually fell hopelessly behind on property maintenance.
Related: Richard Neutra-designed stilt house looms over the San Fernando Valley in Los Angeles
When Heithaus and Browning bought the residence, it had no running water or toilets, and the kitchen had been destroyed by fire. Parts of the second floor were rotting.
The two spent $5 million and five years on renovations, bringing the property back to near-original condition. They restored walls, installed new plumbing and electrical systems, and added a stunning fountain and white concrete table with seating for 12 to the front garden, greatly enhancing its charm.
The Arensberg house is now on the market for $8.5 million
Now, Browning and Heithaus are ready to sell. While their profit may not be enormous given the $5 million investment, they take pride in having restored a cultural landmark (as designated by the City of Los Angeles) back to its former glory.
Acquired for $2.34 million in 2017 by owners Marco Heithaus and Jonathan Browning, it’s now proudly presented by The Agency’s James Harris and David Parnes.
The two-story residential building offers 4 bedrooms and 6 baths across 5,612 square feet of living space. The living room, dining room, and owner’s suite all have large fireplaces.
Outdoor amenities include a saltwater swimming pool with a spa, an outdoor kitchen, jaw-dropping fountains, and a sunken garden with a stone dining table that easily accommodates 12.
The $8.499,000 asking price stands out in Outpost Estates, a community where the Spanish-Revival style dominates. Yet, the home’s pedigree is like no other.
Original masterpieces by Pablo Picasso, Salvador Dalí, Paul Klee, and the ever-scandalous Marcel Duchamp have all adorned the walls, creating irresistible allure. It probably won’t be long before some art- or history-loving buyer answers the call of this remarkable property.
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Wondering when the best time to buy a home is? And the worst time? Well, thanks to data science, we no longer have to guess whether it’s fall and winter, or spring and summer.
I’ll save you the suspense: the very best time to buy your dream home is late summer, namely August and September, this according to a new study from real estate listing website Zillow.
Apparently prospective home buyers will find the most home inventory and a greater number of price cuts during these temperature-hot months, giving them better odds of finding that perfect home.
This means it might be easier to negotiate prices and perhaps even snag a lower price if the property stays on the market for a prolonged period of time.
Inventory Remains a Problem
An inventory glut in late summer
Could be the perfect time to buy a home
Because home sellers will be getting desperate
And there might be fewer competing buyers at that time
As you probably know (if you’ve been house hunting), inventory is scarce. It’s slim pickings out there and hasn’t gotten any better, despite predictions telling us otherwise. They were wrong about mortgage rates going up too…
Overall, inventory is off 5.3% from a year ago, meaning you’ll have to buckle your seatbelt and prepare for another tough year if you’re in the market to buy a home, or getting ready to be. Real estate investing is also getting a lot less attractive, and not so easy.
Conversely, if you’re a seller, you don’t even have to clean your house, make the bed, or mow your lawn – it’s already sold!
Okay, maybe you should do those things to fetch a higher price, but the seemingly endless seller’s market persists.
However, there are some house hacks (pardon the awful, awful buzzword) to increase your chances of landing your dream home.
Zillow found out that in most major metros, the month of August featured more for-sale listings than any other month during the year.
For example, last year in Los Angeles there were about 8,000 more homes for sale in August than in April. The total number of homes for sale increased from 26,000 to 34,000, a major 31% increase.
The same trend was found in many other metros, from Detroit to San Francisco, though not all of them.
However, it wasn’t just inventory that improved. Competition also went down in late summer, so even if fewer homes were on the market, there were fewer buyers chasing them.
Conventional logic tells us that many would-be buyers want to get situated well before summer ends to ensure they can get their kids enrolled in the new school. They may also be taking family vacations during late summer.
It’s also just plain hot in some parts of the country, which might affect buyer traffic and seller motivation, regardless of market conditions.
Price Reductions Most Common in Late Summer
As time goes on and desperation grows
Home price reductions might become more prevalent
Which leads to opportunity
And the potential to negotiate even lower!
With more homes and fewer prospective buyers comes price reductions. After all, the business law of supply and demand will dictate a homes price, and if fewer people are chasing more homes, the sales price must down come.
Zillow discovered that 15.1% of active real estate listings had a price cut in August, significantly higher than the 12.8% of homes in April.
That increases your chances of finding a home on sale, assuming the starting points (listing price) were relatively similar. September was also a good month to find a deal, with 14.3% of homes on sale, so to speak.
Of course, this wasn’t the case everywhere, with cities like Ft. Lauderdale seeing pride reductions drop in the six months from March to September.
By the way, if you’re wondering when it’s the best time to sell a home, it’s supposedly early May, per Zillow, though Redfin argued winter was the best back in 2013. Of course, for a lot of buyers and sellers, the sale and purchase have to happen concurrently.
The Best Time to Buy a Home Is a Moving Target
Just remember that the perfect time to buy isn’t set in stone
Nor will it be the same in every market nationwide
It can change depending on what’s happening in the economy
And the local housing market in question
Like anything else, the best time to buy (or sell) is really dependent on a number of factors that can’t be summed up by one datapoint.
The old adage says real estate is local. Today, you can add hyper to the front of local. Real estate markets are different, plain and simple. One neighborhood might be cold with days on market creeping higher and higher while a nearby pocket or street is on fire, with bidding wars the norm.
That’s why things like median sales, census bureau data, nationwide home inventory, and what the Federal Reserve is doing might not matter all that much, if at all. Who cares what the median sales price is in Orange County if you live in LA?
There’s also the practicality of timing a buy, or even a home sale. Buying and selling isn’t only dictated by price. It’s usually driven by life events, which tend not to happen at the ideal time.
For home buyers, the process is a long one that isn’t just decided on one night. You can’t say, “Honey, we should buy a home this August.”
Or, “I will sell my house in April.” That might mean you need to buy a home in April too, which could be the worst time because everyone else is out house hunting too.
Nope, it takes lots of time and research, touring, open houses, ups and downs, close calls, and more to finally snag that right property, even if it happens to take place in the worst month.
Zillow even says the average buyer spends more than four months shopping for a home, and makes at least two offers along the way.
I feel like it’s pretty rare to make one offer on one home and have that be the end of the story. Sure, it may depend on the housing market (and the buyer), but nowadays it seems you have to strike out once or twice before getting a hit.
Sometimes that could be walking away during the home inspection period, while other times you might get outbid or be unwilling to offer more than someone else looking to buy.
Whatever the case, odds are good that the home buying process will take many, many months, if not years. So if you happen to buy in August or September, great! You may have found a property with a price cut. The same might be true even if it drags into the winter months.
But telling your significant other that it’s prudent to wait until later this year probably won’t fly. You’ll at least want to get the ball rolling as soon as possible.
On top of all this, there’s a good chance Zillow will tell us that the best time to buy is a different month after more data is analyzed next year. So it’s probably best to chalk this one up to interesting, but not words to live by.
Be Proactive to Get a Lower Price
Stay on top of your own finances
While tracking the real estate market
To ensure you get approved for a home loan
At the best possible price
A smarter move might be focusing on your finances to land a better mortgage rate, which can lower your homeowner costs at any price point.
For example, instead of worrying what month it is, or avoiding the worst months to buy, worry about your three credit scores. Make sure they’re all in tip-top shape to avoid unnecessary pricing adjustments on your home loan.
Also take the time to shop mortgage rates with different lenders instead of going to one bank, broker, or credit union. And compare loan programs.
These two steps alone can make a huge difference in what you pay each month to own your home, no matter the sales price at closing.
While you’re at it, choosing the right real estate agent is also key. Find one who knows the art of negotiating to ensure you get a good deal no matter what the month.
Some real estate agents are afraid to make lowball offers, while others are willing to take chances when they see opportunities. This is another factor to consider.
Along those same lines, it’s important to get pre-approved beforehand and show the sellers you’re a serious candidate.
It’s not unheard of to show them you’ve got assets available for a large down payment to get your offer accepted, even if there’s a slightly higher offer already submitted.
Lastly, make sure it’s a good time for you personally. Are you ready to become a homeowner? Is now the right time mentally and financially? Did you do your research, set aside funds for a down payment and closing costs, learn about mortgages, etc.?
Using these common-sense tips, you can get a good deal on a home during any month of the year, even in a red-hot market, and even when it’s supposedly the worst time to buy.
We never tire of looking at magnificent midcentury modern homes—and we’re not alone. They’ve been favored on architectural popularity lists for well over 75 years!
Midcentury modern design began in the mid-1940s, right after World War II. Soldiers were coming home, starting families, and setting off the baby boom—and they needed new homes quickly and inexpensively.
The experimental technologies and materials—steel, aluminum, tempered glass, stucco, and plywood—developed during the war and beyond were quickly applied to residential structures to meet the needs of the growing U.S. population.
The style had staying power—and spread across the U.S. You might think the epicenter of the midcentury modern movement would be in swanky Palm Springs, CA, where the design was energetically embraced. Or perhaps in the Midwest, where architectural icon Frank Lloyd Wright helped originate the movement.
But a simple search on Realtor.com® reveals that original midcentury modern homes can be found throughout the country.
The prices are as varied as the locations. We found prime and well-preserved examples ranging from $2.6 million to $249,500.
If open floor plans, floor-to-ceiling windows, sleek spaces, and a cool-cat vibe are on your list of must-haves, take a look.
Price: $1,995,000 Handsome in Hollywood: Brimming with original features, this 1960-built home is nestled in the hills of Beachwood Canyon, close to the Hollywood sign and the Lake Hollywood Reservoir. Celebrity-filled hiking trails await right outside the door.
This one is a three-bedroom, two-bath, 1,502-square-foot beauty with walls of glass, transom and picture windows, sliding glass doors, and balconies.
Original features include glass-block walls, a concrete-block fireplace, beamed ceilings, and brick planters. This hillside home is already pending sale.
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Price: $2,600,000 Pretty and petite: Beautifully restored and located in the popular Sun Terrace neighborhood, this two-bedroom, two-bath, 1,338-square-foot home proves that good things really do come in small packages.
Every square inch of this “atomic ranch” has been stylishly renovated. For example, custom floors were poured to match the original terrazzo. We’re also crazy about those primary-colored floor tiles.
Other exquisitely updated features include a sparkling kitchen with high-end appliances, and a high-impact roof and windows. The house is further equipped with smart technology.
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Price: $535,000 Boise beauty: Built in 1961, the two-story home has been updated with modern features like a state-of-the-art kitchen.
The three-bedroom, two-bath abode, with 2,028 square feet of interior space, has been updated from floor to ceiling. Plus, the home’s 9,583-square-foot lot includes a hot tub, storage shed, and chicken coop.
The home is located in a quiet neighborhood near downtown Boise, so there are plenty of shops and restaurants nearby. It’s also close to the interstate and the airport, just in case you ever need to get away from this pretty little piece of paradise.
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Price: $335,000 Kansas cocoon: If you’re the type who likes to keep the neighbors guessing—this could be the time capsule for you! All the big windows are in the back, and that 1966-era, stone-front exterior allows for plenty of privacy.
The interior space measures 1,949 square feet, and there are three bedrooms and two baths. Downstairs, you’ll find a playroom and storage area, a two-car garage, and an additional storage shed.
The listing indicates that “lots of possibilities await,” so it may need a little work.
The 0.42-acre lot is located on a cul-de-sac, not far from Garden City shopping. The nearest big city is Wichita. You’d have all the advantages of small-town living while enjoying a big-time, sophisticated home.
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Price: $1,900,000 Old yet new: While the architecture was inspired by seminal home designers Frank Lloyd Wright and Richard Neutra, this spacious home has had all of its mechanical systems updated. It’s a miraculous feat of blending midcentury modern style with 21st-century convenience.
This five-bedroom, seven-bath, 6,716-square-foot home sits on a 2.7-acre hilltop lot. It features sweeping views of the the surrounding countryside via floor-to-ceiling windows. Its finer features include all walls with cross-bracing to hold firm in a storm, exterior fir wood siding, and marble walls and chimneys.
Built in 1960, and fabulously maintained and updated, the property comes with additional living quarters that could be used as a short-term rental, according to the listing.
And there’s more good news: Most of the midcentury modern furniture can stay in the home, for the right price.
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Price: $1,725,000 Perfection in Princeton: This immaculately restored and updated home features a garage that has been converted into a light-filled office space. The property also comes with a beautiful apartment with a separate driveway and patio.
The five-bedroom, 4.5-bath dwelling sits on a leafy, 3-acre lot close to downtown Princeton. Originally built in 1955, it has period features like an open floor plan, beamed ceilings, large expanses of glass windows and doors, and a fireplace.
Bonus: Your kids can walk to an excellent school via a footpath from the backyard.
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Price: $249,500 Well-rounded: The least expensive home on our list, this circular brick house has four bedrooms, 2.5 baths, and tons of style.
That sturdy construction could be responsible for its holding strong since it was built in 1964, since hurricanes have been known to pummel the region. Residents stay toasty and safe in its curvaceous sunken living room with a full masonry fireplace. The open kitchen with a spacious dining nook is another of the 3,046-square-foot residence’s highlights.
Louisiana might not be the first place you’d think to look for such a Space Age abode, yet here it sits, right in the middle of Louisiana’s fifth largest city. The low price and retro style attracted a buyer, and the property is now pending sale.
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Price: $2,200,000 Unquestionably unique: This midcentury modern design will absolutely take your breath away with its soaring ceilings, redwood-and-stone finishes, and towering windows overlooking picturesque Margaret’s Falls.
Built in 1961 by award-winning architect John Michael, who was inspired by Frank Lloyd Wright, it has six bedrooms and five baths in a roomy 5,453 square feet of space. The fenced, hilltop lot is spacious as well, measuring almost 5 acres of landscaping near the house, as well as private woods.
Highlights include a stacked-stone, double-sided fireplace, original stone floors, and clever built-ins.
Heading into the peak of summer, Los Angeles officials want to know what it would take to require every rental unit in the city to have an air conditioner or central air.
Just last year, Southern California was gripped by a 10-day heat wave that smashed temperature records. By the time it subsided, Los Angeles County emergency crews had responded to 146 calls classified as “heat” — defined by the agency as environmental hyperthermia.
Now, city staff are studying the costs and feasibility of cooling off all rental units citywide.
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“At this point in the climate emergency, the ability to cool one’s home cannot be considered a luxury and rather must be treated as a necessity,” Los Angeles City Councilmember Eunisses Hernandez said in her motion proposing the feasibility study, which would include a cost estimate for updating the city’s building code.
“Requiring cooling apparati for all residential units could be a lifesaving measure for countless Angelenos during extreme heat events.”
The council approved the motion Wednesday, and it is expected to come back for public input.
A 2021 Times investigation found that 3,900 deaths were caused by extreme heat in California from 2010 to 2019. But access to lifesaving cooling devices and the ability to cover the costs of electricity during a heat wave are often out of reach for low-income and elderly residents on a fixed income.
As part of the proposed study, the council asked staff to determine which buildings lack submeters, devices that allow utility companies to track power consumption on a unit-by-unit basis, and also the difference in costs between installing wall air conditioning units versus a central air system for an entire building.
Currently, air conditioners or central air are not required to ensure a rental unit is habitable in California, according to the state building standards code.
The lack of an air conditioner didn’t bother Juliana Wingate when she and her husband moved into their apartment last year near MacArthur Park. Then in late August a record-breaking heat wave hit and Wingate felt miserable.
“Our cat spent most of his time in our bathtub because it was so much cooler,” said Wingate, who recalls feeling lightheaded and nauseated during the 10-day heat wave, when temperatures topped 100 degrees.
She hasn’t thought about the lack of a cooling device this year, but now that it’s getting warm again she’s wondering if it would be better to just leave their second-story apartment.
“Clearly, if that’s not possible, I will bring it up with our landlord,” Wingate said. It’s unclear if that would mean her rent would go up, but she’s not sure she could stick it out for another summer.
“I love that every year just keeps getting hotter,” Wingate said sarcastically.
California laid the groundwork for an extreme heat action plan last year and earmarked $800 million to address the issue, but also saw a proposal to establish a chief heat officer fail in the state Assembly. A statewide warning and ranking system for extreme heat events is expected to launch by 2025, providing general information to the public, much like the way other states respond to hurricanes.
But to advocates — such as housing policy coordinator Jovana Morales with Leadership Counsel for Justice and Accountability, a Central Valley advocacy group — it feels like the emphasis on addressing climate change and strengthening heat waves is often ignored until summer rolls around and reminds everyone of the danger.
“I just don’t feel like there is urgency in the Legislature,” Morales said. “You know … we’ve been working on this, and people have been advocating for solutions, especially … in the home, but it’s just not happening fast enough.”
Morales’ group last year supported Assembly Bill 2597, which sought to update the state’s building code to set a safe maximum indoor temperature in new and existing dwelling units. Units found without cooling options would be deemed substandard, according to the bill, which failed to become law.
The proposed code update was meant to address workers who live in substandard housing conditions, where temperatures often become so hot that units are unsafe to live in, Morales said.
But Leadership Counsel was not focused solely on air conditioners. It pushed for improved insulation, increased shade through landscaping, heat pumps and roofs designed to reflect sunlight. AC units were not an emphasis because they generate greenhouse gas emissions.
“Many of the older buildings just don’t have that cooling mechanism, and so our bill would have required to set an indoor maximum air temperature,” Morales said.
Older buildings are often the only units low-income families can afford, Morales said, and they would benefit the most from updates to the housing code to require cooling standards.
City leaders directed staff to study an update to the housing code and explore potential programs to help low- and middle-income families pay for the installation and operation of an AC unit.
Fred Sutton, senior vice president of local public affairs for the California Apartment Assn., said tenants are aware of the amenities available when they sign a lease. Those tenants can and should approach their landlords if they want to have a cooling device installed in their units, he said.
But mandating that all rental units have a cooling device would push the cost onto the landlords and the tenants, Sutton said.
“I heard a lot from the city about subsidies for tenants facing extra utility costs,” Sutton said. “But what cost would that work mean for the building and the [landlords]?”
The Los Angeles Department of Water and Power offers options for low-income residents through the Cool LA program it launched last summer. Those include subsidies to help pay electric bills during a heat wave, rebates to offset costs and other resources meant to help residents weather the heat.
The requested report is expected to be presented to the City Council’s Housing and Homelessness Committee in the next several weeks.
Elvira Rincon never loved the small apartment that sits between Sunset Boulevard and Dodger Stadium. Even 30 years ago, shortly after she arrived from a small town in Queretaro, Mexico, and moved in with her husband and five children, the one-bedroom unit built in the 1920s felt cramped.
But over the decades she made it a home, planting a sprawling container garden of flowers, fruits and medicinal herbs to cure her family of stomach pains and colds. Her husband poured concrete to make a small patio in the courtyard, where they hosted birthday parties nearly every month. At $495 a month the rent-controlled apartment allowed Rincon, her children and now grandchildren to build a life in the heart of Los Angeles.
That made it easy for Rincon, 59, to dismiss the first buyout offer. A developer who bought the complex and a neighboring one last year proposed paying her and her neighbors $22,000 to leave. She did the math and figured the money would be gone in about one year in a county where the median rent for a one-bedroom is $1,600.
The second offer to Rincon and her neighbors came in February: $55,000. It was more money than she and her husband, who works in a local nursery, could ever save on their own — and still not enough to stay in her neighborhood for long.
Soon after, the ownerssent workersto tear apart a storage shed she’d had for years and haul it away, along with a barbecue and many of her plants, saying they were health and safety violations. Rincon saw it as harassment meant to pressure her to go so the landlord could jack up the rent.
Like so many others, she and her family had one shaky foothold keeping them in a rental market that was otherwise soaring out of reach, and they felt that people with more power than them were trying to shake them off of it.
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The company says it was simply making changes requested by its insurance company and that it is listening to the concerns of residents, not trying to force them out.
Even so, Rincon and her neighbors are on edge, unsure what to expect next and asking themselves whether they still have a place in L.A.
“There are times when I feel desperate,” she said. “I get frustrated. And I tell my husband, ‘Let’s just go. Let’s just go.’ ”
In a city faced with a housing and homelessness crisis, where many renters pay more than half their income to live in overcrowded, aging homes, tenants like Rincon have what many others long for: low-cost housing.
Though city and state officials are desperate to create more of it, developers are simultaneously reducing affordable units by buying out longtime rent-controlled tenants with cash-for-keys offers and renovating old buildings into pricey new apartments or condos. Many residents quietly accept the offers and leave. Others try to hold out, knowing that taking the money probably means leaving their communities or facing rent that’s double, triple or more what they currently pay. Sometimes, tenants say, that leads to harassment or pressure campaigns.
The city has adopted policies meant to protect tenants of rent-controlled buildings from being forced to accept buyout offers or being evicted for not accepting.
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In some cases, landlords are required to offer to tenants a base amount for relocation — which ranges from about $12,000 to $23,000 for long-term renters. At times, owners offer more than that. But for tenants with very little income or credit, the money may not go very far once the sky-high rent of their next apartment is factored in.
City leaders have passed rules against harassment. But advocates say the rules lack enforcement, and plenty of tenants say harassment happens anywaywith little recourse.
Rincon arrived in Echo Park in the mid-1990s, fleeing a severe recession in Mexico that left her family’s farm deeply in debt.
Her first home in the U.S. was in the same apartment complex where she lives now, just across the common area, in a unit she shared with her brother-in-law, Pedro Villegas, her husband and others. Three decades later, Villegas still lives in that apartment, paying monthly rent similar to Rincon’s, whose monthly payments have increased twice over the years to $640.
Despite language barriers, Rincon became close with her neighbors, who include an 80-year-old retiree, a nursing student, her mom and brother, and a Cambodian refugee.Their kids often served as translators.
They’ve watched out for each other’s children and grandchildren, fed each other’s pets and shared lemongrass and guavas from their gardens. Though Rincon doesn’t care for the loquat tree that grows in a corner of the property, she keeps watering it because her neighbors love the fruit.
“We’re more like a community. We have been for years,” said Virginia Watson, 80. “We all know each other. We talk. We watch out for each other. It’s very unusual for L.A. because in other places I’ve lived everybody’s kind of anonymous, in their own little cubicle.”
Once Watson retired and began living on a fixed income, she was able to stay in her home because the rent was manageable. The same was true for Rincon and her family when she injured her back and stopped working.
Villegas’ four children have lived their entire lives in the complex, roaming the hills of Elysian Park and riding their bikes to Echo Park. He works at a laundromat on Sunset Boulevard, a short walk away. His youngest is now a junior at Ramon C. Cortines school downtown.
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Like Rincon, heknew the $55,000 offer wouldn’t last long in his community.
“The cost of rent is just too difficult,” he said. “The money doesn’t go far.”
Watson lives in a studio apartment adjacent to Rincon’s. She’s been there for 20 years, lives on Social Security and a small retirement income and pays $529 a month. When she’s looked online for other studios in the neighborhood, the most affordable cost isnearly $1,500 a month, an amount that she said would take about three-quarters of her income.
She might have considered the offer to leave if it was affordable to move in the city, she said.
But “rent is really, really high in L.A. I don’t know how you would manage for any length of time,” she said.
On Nov. 8, a few months afterWatson, Rincon and their neighbors decided not to take the initial $22,000 offer to leave, the property owners, Lilac Development LLC, served Watson with a three-day notice to pay or leave, saying she had not paid her rent for the month, though she says it was paid.
Watson reported the incident to the housing department, which investigated and found the notice in violation of city code for failing to provide proper information under COVID-era tenant protections, according to public records.
One month earlier, the owners served another resident with a three-day notice to pay or vacate the property, saying they owed $86.
In that case, the housing department found a “potential violation of the Tenant Anti-Harassment Ordinance,” records show.
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In both cases, housing officials wrote letters to the owners, explaining the law.
Watson and her neighbors see this and other actions, including the workers who went to the complex twice in March, tore down Rincon’s shed and hauled away her plants, as a pattern of harassment meant to pushthem out of their homes.
“I wake up after dreaming that I’m in a battle with landlords, big companies,” Watson said.
Recently, she packed up many of her belongings, assuming she would soon be out of a home, and she has kept them that way.
“I don’t unpack them because I don’t know how long I’m gonna be able to be here,” Watson said.
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Rory Anglin and his girlfriend, Jenna Loredo, are the newest residents of the two complexes, having moved in four years ago. They pay $1,236 a month for their one-bedroom, which Anglin sees as “the last of the good rents in L.A.”
When he told his mom in Mississippi about the $22,000 offer to leave, she was stunned at the amount.
“In Mississippi, that does sound like a lot,” Anglin said. In L.A. it most certainly does not.
Even so, Anglin said they were willing to consider taking a buyout until they felt a harassment campaign against his neighbors had begun.
“The end game for me is ‘leave us alone,’ ” Anglin said. “If we decide we want to move, we’ll move. But before we do, I gotta make sure all this stuff stops. It has to stop.”
If there’s a silver lining, Anglin said, it’s that the neighbors have become even closer in the last few months, forming a tenants’ association and strategizing together to push back against any harassment.
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Sara Rose, a property manager for Lilac Development LLC, told The Times that although the company initially offered cash for keys in order to “try to get tenants paying market value,” the company was no longer pursuing that strategy and would focus on “making the property habitable for current tenants.”
The company is not trying to evict anyone, Rose said.
“It’s not something we would take further action on if it wasn’t appropriate to do so,” she said.
Rose also said Lilac Development sent workers to haul away Rincon’s shed, barbecue and plants after its insurance company “advised there was certain work that needed to be done” to get the property insured.
They plan to inspect each property to figure out what needs to be fixed. In April, a city housing inspector found several conditions affecting the “health and safety of the occupants” in Rincon’s building and issued an order to fix the problems, which include damaged plumbing, fences and paint, by May 11.
Residents say there is a long list of problems beyond what that inspection revealed: leaking ceilings, mold, broken heaters and damagedflooring.
“I think based on the feedback we’ve received so far there’s no interest from the residents” in cash for keys, Rose said. “If they are interested and they approach us, it would be something we’d be willing to discuss. We don’t want to continue reaching out on something they’ve made clear they’re not interested in.”
Rincon said the first she heard about the change in plans was from The Times.
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For a long time now, she and her neighbors have felt as if they were in a state of limbo, waiting for an eviction notice or the return of workers tasked with hauling away more of their things. Like Villegas, she has seriously considered returning to Mexico, but her husband tells her they could never leave their children and grandchildren.
There was some relief hearing that the company would focus on making their home more livable rather than on getting them to leave. But she was also skeptical.
What if the amenities at your apartment community went beyond the usual pool, tennis courts and fitness center — way beyond? How involved might you choose to be in an apartment society, a place that encourages shared involvement with fellow residents?
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In California, an apartment community developer is going beyond the basics to give new meaning to “community,” creating programs like theater troupes, adult enrichment courses and after-school care for residents. And in Denver, some lucky sports fans can look forward to cheering for baseball… from their own rooftop!
Programs that have paid off According to John Huskey of Los Angeles-based Meta Housing Corporation, apartment communities can do more to support families who live there. In building his most recent family-oriented apartment communities, Huskey discovered that there was a real need for on-site programs — and specially-designed spaces — where children could gather after school and continue to learn. That’s why his company has created after-school learning and mentoring programs which are available to residents living in the apartment community at no extra cost.
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The benefits to the children who participate have proved to be substantial. The after-school programs kept kids at home, actively engaged in study — instead of involved in risky behavior. And the learning opportunities increased their confidence at school. These programs have been so successful that Meta Housing Corp. has begun building dedicated, school-like structures in more of their apartment communities to accommodate the programs.
Sharing the arts at home The same is true in Meta Housing Corp.’s senior communities, where education and art programs have been wildly successful. The company first began offering adult enrichment classes to seniors in great-room spaces, noting that the most popular courses involved creativity and the arts. They also noticed that, while the great-room environment was attractive to some residents, most found it too impersonal for social activity. In later generations of their senior communities, they have developed smaller, more intimate spaces for residents to gather to take classes and get to know each other. These new spaces foster a tighter-knit sense of community.
Seniors have enjoyed the enrichment and social aspects of arts classes so much that Huskey’s company went as far as building a 78-seat theater in one apartment community dedicated to a permanent theater troupe. When the theater troupe isn’t giving professional performances on-site, residents are allowed free access to use the theater building, as well.
Take me out to the ballgame… next door! Another approach to creating community at home is featured at Broadstone Blake Street in Denver, Colorado. Alliance Residential is building a modern apartment community right next to Coors Field downtown. (Residents will be able to see the field from the rooftop of the community.) The residence-in-development is thought to appeal to young people — perhaps especially men — who want to live in a walkable area with easy commutes for working and access to downtown excitement, like ball games. Sharing that excitement with apartment neighbors — and built-in proximity — will make living in this community THE place to be a sports fan in Denver.
Toward apartment societies The success of Meta Housing Corp.’s children and senior programs might indicate that apartment communities are evolving. With an emphasis on enriching resident lives beyond basic shelter, these spaces — based on what residents want and need — might become known as apartment societies in the future.
What else might the future hold? Amenities including on-site senior services like medical care and support groups, or family-oriented services like childcare or even home schooling could be possibilities. As apartment living continues to change shape and mature, multifamily community developers around the country will be looking to Huskey’s success to gain insight on new ways to meet the needs of their residents. In the meantime, you can look for ways to create community in your own apartment life today.
10 Cool Apartment Amenities You’re Missing Out On
Photo credit: Shutterstock / Monkey Business Images
Mikkel Eriksen, one of the two hitmakers behind the production and songwriting duo Stargate, is parting ways with his custom-designed equestrian estate.
Set in Pacific Palisades’ highly sought-after Sullivan Canyon neighborhood in Los Angeles, the music producer’s home oozes style and comfort — and looks like it’s been completely revamped prior to listing.
In fact, Eriksen has partnered with renowned Montalba Architects (the visionaries behind Nobu Hotels and Soho House) to breathe new life into the 1981-built home before bringing it to market. Now, it’s being offered for sale at $14,950,000 with Compass’ Cindy Ambuehl holding the listing.
If Eriksen’s name doesn’t sound all too familiar, the songs produced by Stargate over the years likely will.
Stargate, comprised of Mikkel Eriksen and Tor E. Hermanson, have produced or written songs for some of the biggest music artists in the world including Beyoncé, Mariah Carey, Rihanna, Selena Gomez, Jennifer Lopez, Sam Smith, Mary J. Blige, Celine Dion, Janet Jackson, Ne-Yo, Katy Perry, Coldplay, Whitney Houston, Chris Brown, Nas, and others.
Some of their biggest hits include Beyoncé’s Irreplaceable, Rihanna’s Rude Boy, and Katy Perry’s 2010 hit, Fireworks. And if that leaves you wondering how much house you can buy after making it big in the music industry, Mikkel Eriksen’s impressive equestrian estate might just give you an idea.
“Old Oak is a totally unique experience,” says listing agent Cindy Ambuehl. “There are few properties on huge lots with fully lit tennis courts. There are few properties with a complete wellness center with infrared sauna and cold plunge. There are few properties with an 8th deep large pool and spa. There are very few properties with character using only high end finishes and fixtures. Few homes have the perfect floor plan and abundance of light. There are very few properties that allow you to keep horses in your own backyard. No other property has all of the above.”
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The Stargate producer’s home offers 5,127 square feet of bright, elegantly appointed living space, with 4 bedrooms, 4 full baths, and 2 half baths.
Its top-to-bottom renovation added custom millwork, floor-to-ceiling doors, vaulted ceilings, and white oak floors throughout the light-filled home.
The gourmet kitchen is flooded with natural light and is equipped with top-of-the-line appliances, a large island, and direct access to all communal spaces.
But it’s the open floor plan living area that steals the show, with its large living room, entertainers bar, formal dining, family room, and secondary dining all opening to the outdoors, creating a perfect space for hosting large gatherings.
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The primary suite is a luxurious retreat, complete with a dual-sided fireplace, a private office, and a spa-like bathroom that opens to an outdoor wellness retreat.
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Outdoor amenities include a professionally lit tennis court with a basketball hoop, an 8-foot deep pebble pool, and a spa. The home’s state-of-the-art wellness facility features a six-person infrared sauna, premium cold plunge, tranquil meditation platform, and a serene zen pod.
Per the listing, the property includes two horse stalls, perfect for keeping your equine friends close to home.
The yard is equipped with an outdoor fireplace, built-in barbecue, pool and spa, and a vast koi pond providing a peaceful escape from busy city life. Situated on a 3/4 acre lot, this modern ranch masterpiece offers luxury and comfort in equal measure.
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A new report from Redfin revealed 2012 was an absolutely fantastic time to purchase a home.
Collectively, that crop of home buyers earned $203 billion in equity since their well-timed purchases, with the median homeowner having gained 261%, or $141,000.
The average home sold in 2012 has increased by a whopping $110,000, from a median sale price of $210,000 to an estimated value of $320,000 today.
And these lucky buyers typically started off with just $54,000 in home equity that ballooned into $195,000.
Biggest Home Equity Gainers by City
In terms of most home equity gained, it was San Francisco leading the way with $741,000 median dollars, followed by San Jose ($669,000) and Oakland ($461,000).
Rounding out the top five were Seattle ($364,000) and Los Angeles ($318,000).
Home equity has grown a staggering $15 billion in the Los Angeles metro alone thanks to rising home prices since the fairly recent housing bottom.
They’ve also gone up more than $8 billion in Seattle and $7.9 billion in Oakland.
On a percentage basis, Tacoma, Washington (1453%) and Virginia Beach, VA (1333%) led the way, thanks in part to their proximity to major U.S. military bases.
Median home equity growth in Tacoma is $218,000 through September, and $80,000 in Virginia Beach.
This means sellers might be able to pocket six figures when unloading their properties, despite owning them little more than half a decade.
The numbers are based on about 1.4 million home sales across 138 housing markets nationwide during 2012, the year we hit bottom post-Great Recession.
They determined the homeowner’s 2012 equity based on the down payment used to purchase the property via county records.
For homes that are still owned today, current home equity is calculated as the difference between the homeowner’s outstanding loan balance and the property’s Redfin Estimate.
For homes that have been sold since 2012, calculated equity was the difference between the homeowner’s outstanding loan balance and the home’s sale price.
Homeowner Equity Hits All Time High
Meanwhile, aggregate home equity in mortgaged real estate increased by nearly $427 billion (4.8%) year-over-year from the second quarter of 2018 to a new all-time high, per CoreLogic.
However, the second quarter increase in home equity was the lowest annual gain in equity since the fourth quarter of 2012, a reflection of slowing home price growth.
As you can see from the map above, many homeowners have only seen home equity gains between one and five thousand dollars over the past year.
And in North Dakota, this number is down $5,000. Idaho is a standout with home equity up $22,100 on average, followed by Wyoming (+20k) and Nevada (+$17k).
Since the end of 2011, when home equity stopped its decline, borrowers have gained a massive $5.9 trillion in equity.
But it appears we are beginning to peak or at least plateau. And with for-sale home prices equally expensive, it’s tough for an existing homeowner to cash out and move somewhere cheap.
Homeowners are also sitting on a ton of untapped equity, with cash-out refinancing a shadow of its former self.
Whether this changes in light of these massive equity gains, coupled with the ultra-low mortgage rates on offer, remains to be seen.
The good news is today’s homeowner seems to be in pretty good shape relative to the homeowners of a decade ago.
They’ve got tons of home equity, a very low mortgage rate, and they probably truly qualified for their home loan at the time of origination, something that couldn’t be said in 2006.
Negative Equity Is Still a Thing
Somewhat amazingly, two million homes were still in a negative equity position, aka underwater, in the second quarter.
That represented 3.8% of all homes with a mortgage.
While it’s the lowest share since CoreLogic began tracking in the third quarter of 2009, several states are still feeling the effects of the worst housing crisis in modern history.
Negative equity levels remain highest in Louisiana, Connecticut, Illinois, Iowa, and New Jersey.
Standing at the front of Danielle Rago and Darren Hochberg’s home in Larchmont Village, where a concrete sidewalk welcomes you, the ordinary path becomes something extraordinary as it takes you on a journey from the street, through the house, to where the sidewalk ends — at an accessory dwelling unit (ADU) in the backyard.
As nearly 3–year-old Oliver Hochberg races down the smooth path toward the enclosed backyard and ADU, it’s as though he is personifying Shel Silverstein’s beloved poem that promises magic “for the children, they mark, and the children, they know the place where the sidewalk ends.”
But it wasn’t always this way.
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“Calling all handy families, investors, and developers!” read the listing for the crumbling three-bedroom, two-bathroom home just a few blocks from Larchmont Boulevard.
Those words were followed by a bonus sales pitch: “There is also a detached structure that would make a perfect creative space, playroom, or mother-in-law suite. Bring your contractor and your imagination and create the space that you have been dreaming about.”
The listing caught the attention of Rago and Hochberg, who had been dreaming of buying a home in the popular neighborhood known for its tree-lined streets, quaint single-family homes and easy access to Hollywood and downtown Los Angeles.
With the number of ADU permits issued in California skyrocketing as thousands of homeowners add ADUs to their single-family lots, it’s not surprising the listing would emphasize the possibility of converting the garage into an ADU.
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It certainly appealed to Rago, who has a background in architecture and is the co-founder of This by That, an agency that represents progressive architects. “I like that it needed a lot of love,” says the 39-year-old. “I was excited by the prospect of creating an unexpected family compound that would complement the other homes on the street.”
Eight years ago the family — which now includes 3-month-old Julian as well as Oliver — purchased a rundown Spanish home in the Fairfax District. After renovating the home, however, they found themselves weary of bustling Melrose Boulevard and were contemplating their next big project. “We were itching to move to Larchmont Village because we were thinking about starting a family,” says Rago, citing the neighborhood’s small-town vibe.
They loved the neighborhood but, like so many couples in Los Angeles, could not afford the homes that were available. “Everything was so expensive,” Rago says with a sigh. “We had to buy a home that needed a lot of TLC.”
Using the profits from the sale of their remodeled Fairfax District home, the couple purchased the bungalow in 2019 and reached out to designers Claus Benjamin Freyinger and Andrew Holder of the Los Angeles Design Group (LADG) to help them rethink the entire property.
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Having worked with them professionally, Rago felt the designers had the right mindset to help them create an experimental compound that would accommodate not just their family but their extended families for years to come. (The couple paid for the firm’s design services and received no discounts in exchange for Rago’s professional work for the company.)
From Day One, the couple knew they wanted to convert the garage into an ADU, not to bring in extra income to help pay the mortgage but rather as a way to take full advantage of the site.
The problem with ADUs, says Freyinger as he motions to the ADU on view through the living room’s dramatic pivoting window, is “they don’t always address the entire parcel of land.” Or worse, they sit vacant.
“We wanted to preserve the use of the whole site,” he continues. “This home and ADU are very ‘Goldilocks and the Three Bears’: Not too big. Not too small.” In other words: just right.
Gone are the days of congregating around a hearth or a fireplace, Freyinger says. Today’s homes are about creating welcoming spaces where people can connect with one another. So the designers added additions to the front and back of the dwelling and cut the house into four quadrants divided by two running sidewalks, west to east and north to south. Three small bedrooms are at the front of the house, while the larger communal spaces are at the rear of the house.
Today, the 1,426-square-foot nondescript house has morphed into a 1,950-square-foot contemporary home. The kitchen, considered the household’s nucleus, soars into double-height OSB-paneled volumes. Overlapping, wedge-shaped roofs extend to provide shade over outdoor living areas, and a sunny living room overlooks the 4-foot-deep pool and ADU.
The 620-square-foot ADU, which shrewdly includes a storage-lined breezeway that can accommodate the family’s sports equipment, toys, strollers and storage bins, cost $315,150 and includes one bedroom and a bathroom.
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In an inventive move, for outdoor entertaining the designers installed a kitchenette at the front of the ADU so that it faces the yard. When the folding glass door is open, the kitchen becomes a part of the outdoor area, which “really brings the ADU to life,” says Hochberg, who is 39 and works in finance.
On the other side of the kitchenette, facing the living room, there is a built-in desk that can be opened or closed, depending on the couple’s work-from-home needs.
Due to supply chain issues during the pandemic, Rago says they were forced to “make interesting decisions that brought a new dimension to the house.” In the kitchen of the main house, for example, they installed textured plaster ceilings when plywood was scarce. Likewise, the cabinets are composed of conventional whitewashed OSB panels with a pickled finish.
To save money in the ADU, they added simple concrete floors and purchased a folding glass door from Brea-based Win-Dor at a fraction of the cost of higher-end products like Fleetwood or NanaWall. The kitchenette features inexpensive OSB panels and porcelain countertops instead of quartz or granite. “We stepped it down a notch in the ADU,” Rago says, “but it still reads consistently with the main house.”
The couple, who met in the Poconos as 8-year-olds, view the ADU as an extension of the house. They occupy it regularly while working from home or hosting family.
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“I want to spend as much time at home with the kids as I can while they are little,” Rago says.
Rago and Hochberg’s compound is all about being together and the joy that dwells at the end of the sidewalk. It provides an indoor-outdoor experience where their kids can roam free in a drought-tolerant garden filled with sages, California poppies and grevillea, and they can spend time with the ones they love.
“We wanted a space for our family, who are all on the East Coast, so that they can come to visit us and our kids,” Rago says. “I wanted them to be able to stay for a week or two and feel like they are in their own home and not looking into our space and vice versa. Now, we can’t get rid of them,” she jokes.
The ADU may serve as an extension of the main house, but it also demonstrates, through its use of conventional materials and experimental architecture, that it’s possible to “chip away at the identification of the single-family home,” with its “conservative notions of architecture and the family,” says LADG co-principal Andrew Holder.
Perhaps most impressive is the designers’ ability to create something new while maintaining the small-town feel of the neighborhood. From the street, the geometric façade stands out, but it doesn’t overwhelm. And at the end of the sidewalk? Magic.
Funko toy executive Brian Mariotti has once again listed his spectacular Coronado, CA, mansion—at a lower price this time around.
In March 2022, the sprawling spread made its market debut at $39 million but was reduced to $32 million earlier this year. After a brief hiatus, the property was relisted at $29,995,000 for what will hopefully be a charmed third time.
Mariotti purchased the Spanish-style estate in the beach town off the coast of San Diego in 2017 for $12.2 million. Over the next four years, the toy maker carefully and thoughtfully transformed the 1925-era home into a luxury playground.
The majestic 15,067-square-foot “Coronado Castle” now boasts such lavish delights as a full-service spa, putting green, and a “secret garden.”
So considering the millions poured into the pretty palace, the price cut could be considered a real deal.
“After buying the original house, they purchased the land next door for $6 million and adjoined the properties,” says listing agent Jason Oppenheim, of The Oppenheim Group and Netflix’s “Selling Sunset.”
Another $12 million was spent during the remodel, he adds.
Aerial view
Just 100 feet from the beach, the historical landmark boasts one of the largest lots in Coronado.
“It’s very much like an oasis to have that much land and just be steps from the ocean,” Oppenheim says. “You really don’t get this amount of land in Coronado.”
The home was designed for a luxurious lifestyle, offering abundant state-of-the-art amenities.
A dramatic foyer features a spiral staircase and hand-hewn beams, a nod to the home’s history. The palatial interior boasts everything from opulent tile and ornate ironwork to custom light fixtures.
The home was originally designed in the Mission Revival style by Richard Requa for Michigan furniture manufacturer W.A. Gunn, who is said to have had an affinity for timeless beauty.
Mariotti’s renovation painstakingly preserved the property’s heritage.
“I have walked through a lot of remodels over the years, but I can’t say that I have ever seen a more authentic remodel than this,” Oppenheim notes. “They imported items from Europe that are 200 to 300 years old. The tile around the pool is over 300 years old. There are a couple of beams that are original that they matched by handcarving the beams. The details are just extraordinary.”
An elegant dining room has a hand-painted, coffered ceiling. Just beyond, arched steel glass doors open to the pool deck.
The massive kitchen is designed with a marble island, La Cornue range and rotisserie, double Sub-Zero fridge, Miele steam oven, coffee station, and wet bar.
A lavish lower level is thoughtfully arranged for entertaining, with its golf simulator, media room, and bar. But the area’s crown jewel is its 25-seat, “Star Wars”-themed movie theater.
“The movie theater is one of the largest theaters I have ever seen in a home,” Oppenheim notes.
There’s also a fitness center, spa and dry sauna, massage table, and ice bath.
And the magnificent grounds really wow with a fire-pit lounge, full outdoor kitchen, and pool.
Oppenheim believes the property could be a vacation home for a buyer who lives in Los Angeles or Orange County.
“I think it will be someone who appreciates the real craftsmanship of the design,” he predicts, of the future owners. “I hope they are able to recognize just how timeless and authentic it is. It’s a rare person who will actually understand the thousands of decisions and thousands of hours spent creating the design of the home. It’s a home that will still look good in 100 years, that you will never need to remodel.”