New Listing! 2659 Thorpe Ave in Cypress Park - $699,000


This 2 on one lot duplex in the Cypress Park area of Los Angeles is a great investment opportunity for a first time home buyer. It's a heavy fixer-upper, but that's reflected in the listing price. 

Key Features:
  • 2-units with no shared walls on 4,003 square foot lot
  • Front house: 2br/1ba
  • Back house above garage: 1br/1ba
  • 2-car garage, plus additional driveway parking
  • Gated front yard
  • Delivered vacant upon closing
  • Sold as-is

Check out the property below, and to set up a showing, call Ben Nicolas at (323) 412-9060.

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Deadline to Apply for the Los Angeles Section 8 Housing Waitlist is October 30th by 5 PM

For the first time in 5 years, The Housing Authority of the City of Los Angeles opened up applications to be placed on the Section 8 Housing Choice Voucher Waiting List. This federal government program assists very low-income families, the elderly, and the disabled in affording safe and sanitary housing by providing participants with vouchers that they can use towards their rent. Applying for the program does not guarantee you a voucher; instead, you will be entered into a lottery, and those chosen will be put on the Section 8 waitlist.

Eligibility Requirements:

  • Must be 18+ or an emancipated minor in accordance with California law. 
  • Must be either a…

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The Covid-19 Emergency Rental Assistance Program has been in place since the beginning of the pandemic, and it’s put a freeze on evictions and rent hikes for people in rent-controlled housing. Now that things are (kind of) back to normal, LA City Council has been trying to figure out when to lift some or all of these protections. Last week on September 28th, the LAHD Adhoc committee made recommendations to the Council, that they hoped would be a compromise between the landlords who wanted protections lifted and tenants who wanted them to remain in place. 

On October 4th, the City Council considered the committee's suggestions and made their final decisions on when and how to roll back the Emergency Rental Assistance Program. On October 13th, Mayor…

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If you've been wanting to buy a new home in Los Angeles but have been too afraid to get involved in a red-hot bidding war, it's time to come out of hiding.

Over the last couple of years, buying real estate has become a competitive sport thanks partly to historically low mortgage interest rates triggered by the pandemic. According to a Doug Elliman report, bidding wars in Los Angeles peaked last quarter, but luckily for potential buyers, this trend will be cooling down a bit now that interest rates have gone back up. 

For those looking to sell their home, this likely means forgoing the practice of setting the listing price under market value in the hopes of triggering a bidding war. This strategy, also known as "testing the market" might have…

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The LA County Board of Supervisors is set to vote on Item 7 today, which calls to put an end to the Covid-19 state of emergency eviction moratorium and rent freeze. At 9 am, they will be taking public comments. We need all hands on deck, so if you have the time to urge the board to support Item 7 please do! 

Call (877) 226-8163 then enter code 1336503. Press 1 then 0 to address the Board. Be sure to call in right at 9 am and prepare for a long wait. Request to speak on Item 7 for general public comment. 

Earlier this year, the board voted to extend the emergency rent freeze and moratorium through 2022, with no end date specified. Los Angeles County is one of the last areas in the country to continue the pandemic emergency measures, and it's time to band…

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Listings in Los Angeles: Incredible Investment Properties in Highland Park

252 Branch Street - $1,495,000

Built in 1912, 252 Branch Street is a 2019 renovated duplex, currently generating $7,198/mo income (4% cap rate). 

STATS:
  • 3,138 SqFt on a 6,402 SqFt Lot
  • Bottom Unit: 3 Bedrooms/2.5 Bathrooms
  • Top Unit: 3 Bedrooms/1 Bathroom
  • 2-Car Garage
  • Fenced-in backyard large enough to comfortably build a third unit
  • 89 Walkscore, north of York Blvd. close to Highland Park neighborhood favorites like Joy, Dulce de Leche, The York, and many more

For more pictures and details, check out the listing here  or call (323) 412-9060 for more information!

248 BRANCH STREET - $1,595,000

Currently generating $8,398/mo income…

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Los Angeles Votes to Ban Most Gas Appliances

On May 27th, the Los Angeles City Council voted to ban gas appliances in new construction, a measure meant to address the ongoing climate crisis. Councilmember Nithya Raman says this zero-emission policy, "puts us in line with climate leaders across the country," and over 50 other California cities that have enacted similar bans.

This new policy will gradually go into effect over the course of the next few years and will mean housing and businesses will come equipped with electric stoves, water heaters, dryers, and furnaces. Eliminating these appliances will cut down on carbon dioxide pollution that is contributing to the acceleration of the world's climate crisis. This is a (very) small, positive…

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On May 23, the Affordable Housing and High Road Jobs Act (AB 2011) passed the Assembly and will advance to the State Senate for a vote in June. Passing by 48-9, AB 2011 would allow affordable and mixed-income housing construction in areas originally zoned for commercial use. 

Unveiled in April by Assemblymember Buffy Wicks, D-Oakland, AB 2011 also stipulates that developers of these multi-family homes adhere to responsible wage and training standards for laborers. Some of those requirements include that every project must provide prevailing wages and that health benefits be offered on projects that consist of 50 or more units. 

“Today’s vote brings us one step closer to streamlining production of a huge amount of much-needed affordable housing,…

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