LA voters passed Measure ULA (only 512k to 374k votes) in November 2022 which imposed a new “Homelessness and Housing Solutions” transfer tax on all real estate sales transactions in the city over $5 million. Though it is commonly referre...
Hancock Park real estate made international news again this week for the most recent luxury home listed for sale on Muirfield Road in the Hancock Park Preservation Overlay Zone (HPOZ). If it sells at the current list price, Howard Hughes' form...
Even with a writer’s strike many offers were written in Hancock Park as the imbalance of supply relative to demand and demographic trends are keeping our market dynamic and strong. Multiple offers continue for the most prized locations and ma...
It's going to be a LONG - HOT Summer!
How often should you deep water Parkway trees?
Water deeply by setting your hose on a slow trickle or using a soaker hose near the base of the tree. Leave the hose on trickle for about 2 hours. On average...
According to Realtor.com economist Danielle Hale, housing affordability is not expected to improve for prospective home buyers in the near future. This is primarily due to the high cost of borrowing and a lack of available homes on the market. ...
Attention Investors: Anxious about finding a suitable replacement property for your 1031 exchange in time, especially in today’s low inventory environment?
Check out DTS products (Delaware Statutory Trust) which are investment grade proper...
Even with a Writer’s Strike many offers were (and are being) written in Hancock Park.
Multiple offers continue for the most prized locations and many are still offering cash.
For the month of May there were 9 sales down from 18 in M...
Next Friday, June 2nd, from 10am to 11am, FREE CPR training will be provided courtesy of the brave and kind citizens from the Los Angeles Fire Department Community Emergency Response Team (CERT).
Please join us! Feel free to bring a friend.
...
Congratulations!
New Greater Wilshire Neighborhood Council Representatives!
The Greater Wilshire Neighborhood Council election results are in! All five Hancock Park residents who ran were elected! Association President Cindy Chvatal-Keane is ...
SAVE THE DATE: Hancock Park Windsor Square Historical Society Annual Garden Tour
Saturday June 3rd from 1pm - 5pm
Always a magnificent opportunity to enjoy beautiful gardens, reconnect with old friends and meet new ones. This year will...
Greater Wilshire Neighborhood Council Election
Election Day is almost here!
Vote in Person on April 30 at The Barking Lot on Larchmont between 10 AM and 4 PM
Dear Hancock Park Residents:
Hancock Park has five candidates running in the cu...
Spring has sprung and the sun is shining upon Hancock Park. Over the last three months the market (and real estate professionals) showed resilience despite constant rainfall, volatility in the banking sector, another interest rate hike, major t...
All eyes were on the Fed today and rates increased 25 basis points. Real estate continues to be a great hedge against inflation which is why we continue to see multiple offers on well-located, well-priced properties. We see many cash buyers s...
When LA experiences the next 'big one' experts tell us that we will likely be on our own for at least two weeks. Expect no power, gas or running water. It's a good time to check the essentials for you and your family.
Water (1 gallon per p...
Vote NO on Initiative Ordinance ULA - Tax Hike on real property transfers over $5 million
There is an ill-conceived measure on the City of Los Angeles ballot this November. The measure will impose a:
4% tax on ANY real estate transfer/...
The California Association of Realtors releases its 2023 housing market forecast.
Each neighborhood has its nuances but overall, the market is 'normalizing' after a fierce last 2 years. The Hancock Park real estate market continues to be act...
The $5+ million luxury segment of the real estate market from Hancock Park to Malibu is down slightly year to date as of the end of August 2022.
765 closed sales of $5+ million this year, versus 784 at this time last year. (-2.5%)....
Summer vacations were clearly top priority in Q3 2022! Agents, sellers and buyers finally took a breath in June and July, regained perspective and by August the pace of sales picked up before the September rate hike. The Federal Reserve’s mov...
One of the great reasons to live in Hancock Park is the annual Pumpkin Patch by the Wilshire Rotary Club! It is open at 568 N. Larchmont Blvd and runs through October 20th. Weekend hours are 10am to 6pm and Weekdays are 2 to 6pm...
SAVE THE DATE
Sunday, October 30th from 2 to 7pm
There will be plenty of fun activities for kids including rides, inflatables and costume contests. Adults will be thrilled with two new additions this year - a conc...