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363 S Leslie Way is done

We just entered lease-up on a fourplex we renovated at 363 S Leslie Way in Highland Park. Embarrassingly, we had to put the breaks on leasing this weekend, because we leased two of the units in about two minutes and realized we were underpriced. (This is a high class problem!) Anyway, here are some amateur

Forget about high paying jobs

I’m a closet Redditor (guess I’m out of the closet now, huh?). And today I saw a popular piece on there titled something like “The 10 Highest Paying Jobs”. I get why people are interested in a piece like that, but they’re totally, utterly crazy. Why? With a few exceptions (almost all of which are in

A savvy deal I couldn’t do

Just got a flyer from a reasonably active local broker announcing a deal he closed with the following characteristics: In Westlake, a rapidly improving neighborhood situation between Koreantown and Downtown 10 units totaling 9,800 sq ft 15,000+ sq ft lot R4 zoning $1.8MM price The flyer didn’t specify the rents, but, as I recall, the

One way the Fire Department raises rents in LA

Today, I want to talk about one of the unacknowledged factors driving up the cost of housing in LA: The fire code. Now, it’s obvious why we need the Fire Department to weigh in on the design of new buildings. The department is going to have to rescue the inhabitants in the event of a fire and it obviously

1129-1135 N Virgil coming right along

Thought you’d appreciate seeing some progress photos from a project we have going at 1129-1135 N Virgil, right by Sunset Junction. It’s a complex of three duplexes and a single family home, all with parking and private outdoor space. When we started in our business, Hoover was definitely the western boundary of Silver Lake. These

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