LA Luxury Market


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Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

The drama surrounding the 157-acre Mountain of Beverly Hills didn’t end when the land was sold in foreclosure for...

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit
From top left, clockwise: 9601 Oak Pass Road, 915 Amalfi Drive, 915 Amalfi Drive, and 337 S Anita Avenue (Credit: Redfin)

Here are the top resi sales in LA County

The five priciest homes that sold in Los Angeles County last week totaled $53.3 million, a 70 percent jump from the total the week before. Two of the properties last week were on Amalfi...

Here are the top resi sales in LA County
Mohamed Hadid says he can’t pay to tear down his mansion (Credit: Getty Images, iStock)

Hadid says he’s too broke to tear down megamansion

Mohamed Hadid says he can’t tear down his controversial Bel Air spec mansion as the city insists. Why? Because...

Hadid says he’s too broke to tear down megamansion
The biggest sales in LA

Here are the biggest resi sales in LA County

The five most expensive homes that sold in Los Angeles County last week combined for $31.2 million, a dip...

Here are the biggest resi sales in LA County
Oprah Winfrey and Jeff Bridges with the home (Credit: Getty Images and Realtor.com)

Oprah has now spent $86M on her Montecito real estate empire

What Oprah wants, Oprah gets. And the billionaire mogul wants to expand her real estate empire in Montecito. Winfrey...

Oprah has now spent $86M on her Montecito real estate empire
The top residential sales this week

Here are the biggest resi sales in LA County

The top five residential sales in Los Angeles County last week totaled $73.5 million combined, well below the top...

Here are the biggest resi sales in LA County
Carla Sands and her former Bel Air home (Credit: U.S. Embassy in Denmark)

This ambassador’s Bel Air estate sold for half its asking price

The slowing Los Angeles luxury market has claimed another victim. U.S. Ambassador to Denmark Carla Sands sold her Bel...

This ambassador’s Bel Air estate sold for half its asking price
Ben Bacal and Canon Drive(Credit: Rodeo Realty, Google Maps and iStock)

Ben Bacal’s new rodeo

Ben Bacal, one of Los Angeles’ most prominent luxury residential agents, has struck out to launch his own brokerage brand. Earlier this month, Bacal left Rodeo Realty and is now doing business under his...

Ben Bacal’s new rodeo
Nile Niami and his Bel Air spec home (Credit: Getty Images, Juwan Li and Marc Angeles)

Niami’s $65M spec mansion that shall remain nameless hits market

A month after boosting the asking price on his “Opus” spec mansion in Beverly Hills to $80 million, developer...

Niami’s $65M spec mansion that shall remain nameless hits market
157-acre Mountain of Beverly Hills

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

The drama surrounding the 157-acre Mountain of Beverly Hills didn’t end when the land was sold in foreclosure for...

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit
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