Are you dreaming of purchasing a home in Los Angeles? Living in an apartment comes with multiple advantages. It is one of the cheaper options, you do not have to maintain your whole house, and plenty of amenities are nearby. There is a little research you need to accomplish when you are going to purchase
Multifamily homes are essential to the real estate sector. These housing options with many units are seen to be the best and most cost-effective. Additionally, it is inexpensive for individuals through various stages of their of life as well as families. Due to the great demand for these properties among North Hollywood real estate investors,
1. Why do I want to take the journey? a. A little background: I’m the newest agent of DMC Real Estate, based in North Hollywood, (Los Angeles) my names David Chalem. If you don’t know me personally let’s meet Blogally, like we are now. You are reading my blog and I at one point in
4871 Klump Ave 15 Units Apartment Building For sale at $8,500,000, at a 3.55% Cap Rate in North Hollywood, CA Originally built as condominiums in 2008, the Property consists of a mix of seven (7) 2 bedroom + 2 bathroom units and eight (8) 2 bedroom + 2.5 bath units averaging 1,358 net rentable/saleable feet,
Commercial Real Estate in Burbank California is looking like it never has. The area known as a mecca for the entertainment conglomerates in the world due to its history and distance to Hollywood, Studio City and other entertainment friendly towns. Currently, Disney & Warner Brothers call Burbank their corporate home. According to the Burbank Chamber
If you own multi-family in California your property is most likely going to be rent-controlled effective January 1st, 2020. Areas that already had rent control laws in place (City of Los Angeles, West Hollywood, Santa Monica, Beverly Hills) already have rent control laws in place, so they are not subject to this new ordinance. The
Sydney and Paris —Europe’s largest commercial property firm Unibail-Rodamco is set to acquire U.S. and U.K. mall owner Westfield Corp. (ASX: WFD) for $15.7 billion. Paris-based Unibail-Rodamco owns and operates a portfolio of 69 shopping centers across major European cities including Paris, Madrid, Stockholm, Amsterdam, Munich, Vienna, Warsaw and Prague. Sydney-based Westfield operates 35 malls
As the Waldorf-Astoria in Beverly Hills opens, there’s specific design elements that can be really attractive. The new industry standard is to create a rooftop vibe. Two new Manhattan hotels feature one of the hottest and most highly coveted amenities in the hospitality industry: rooftop venues that offer food, drink, entertainment and spectacular views. The
The implications of Amazon’s $13.7-billion Whole Foods Market purchase will go significantly beyond the world of grocery stores, potentially reshaping retail districts in downtowns and suburban shopping areas across America. Not long ago, the typical American strip mall had a video store, music store and a supermarket. However, Napster and iTunes slayed the neighborhood music
What is Cap Rate? Simply put, Cap rate is the percentage of return from an investment based on the income the property is expected to generate. It is calculated when you divide the NOI (Net Operating Income) by the total acquisition costs (or the price paid for the property). The purpose of finding the cap