Category Archives: Real Estate
No PLUM Decision on Tramonto Development
At the City Planning and Land Use Management (PLUM) Committee meeting on December 3, the four homes proposed to be built on the Tramonto landslide were not discussed. The Pacific Palisades Residents Association’s (PPRA) lawyer told President Jessica Rogers the...
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Controversy over the Proposed Holyoke Ave. House
One of the more spectacular views in Pacific Palisades is on Mount Holyoke Avenue between Earlham and Friends Street. From the public sidewalk, one can view the ocean, Pacific Coast Highway and the Santa Monica Mountains. It goes without saying...
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Mansion Tax Fallout: LA Sees Sharp Drop in Housing Production
(Editor’s note: This story appeared on September 12, in the Westside Current and is reprinted with permission.) By ANGELA MCGREGOR The November, 2022 passage of ULA (aka, “United to House L.A.” or the “Mansion Tax”) is perhaps the best evidence...
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Brentwood, UCLA Leases on VA Ruled Illegal
U.S. District Judge David O. Carter, after a 16-day bench trial, ordered the U.S. Department of Veterans Affairs on September 6, to build housing for low-income veterans on its West Los Angeles campus. In his 124-page decision that VA land...
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Finding Solace in the Canyon: Ben Affleck Relocates
By BERNICE FOX With the apparent breakdown of his two-year marriage to Jennifer Lopez, it looks like former Palisadian Ben Affleck is becoming Palisades-adjacent. Escrow closed July 24 on a $20.5 million home on two-thirds of an acre in equestrian-friendly...
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Crest Real Estate Serve as Expeditors
Crest Real Estate has its name at three possible developments in Pacific Palisades: the homes on the Tramonto Slide, a proposed single-family residence on Mt. Holyoke and a development off Paseo Miramar. The neighbors at all three sites have said...
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City Makes Decisions Based on 1940’s Map
Street Services approved a permit on May 5, 2024, for clearing mud from a street and to park construction equipment on Paseo Miramar. A barrier to prevent vehicular travel, that has been in place for nearly 60 years, was removed...
Posted in City, Environmental, Real Estate
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Coastal Permits Needed for Much of the Construction in Palisades
A sign was posted at 425 Holyoke that a Coastal Development permit with City Planning had been applied for by Tony Russo of Crest Real Estate. On that vista, the construction of a three-story house with attached garage, and a...
Posted in City, Community, Real Estate
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Caltrans Updates the Tramonto Slide and Reopening a Lane of PCH
One northbound lane of PCH was closed in mid-February by Caltrans. Caltrans in a May 7 statement said the right-bound lane was closed for safety because of a slide that occurred in mid-February and worsened by a second series of...
Posted in City, Community, Real Estate
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Sales, Leases, Taxes and Inventory, Marguleas Discusses the Palisades Market
Anthony Marguleas, the founder and owner of Amalfi Estates, spoke to the Optimist Club on April 2 about the current real estate market. He said, “You never regret buying real estate; you only regret selling. “More people stay in their homes...
Posted in businesses/stores, Real Estate
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