An 11,880-square-foot warehouse in Woodland Hills has traded hands for $4.2 million, or $350 per square foot, and the new owners want to convert the distribution center into multifamily housing, according to brokerage NAI Capital. Located at 6233 Variel Ave. in the heart of Woodland Hills’ business corridor, the single-story, fully air-conditioned, free-standing structure features
The October 4, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.71%, almost unchanged from 4.72% last week. The 15-year fixed was 4.15%, almost unchanged from 4.16% last week. The 5-year ARM was 4.01%, up from 3.97% last week. Although mortgage rates on Thursday’s survey were unchanged from
os Angeles Mayor Eric Garcetti addressed the economics of the middle class and the 2028 Olympics in his keynote speech at the 14th Annual Richard Leyner Mayor’s Luncheon on Friday in Woodland Hills. “I’m just a boy from Encino,” said Garcetti, born and raised in San Fernando Valley. He called the San Fernando Valley “the
Nearly 5,200 sq. ft. in Tarzana with spectacular 180 degree Valley, Mountain, Rolling hills & Golf Course views. Must to see to believe!!
Land Development & Associates has revived a long-dormant project in North Hills — however, with a different strategic outcome: Instead of building 36 houses it would own, the Encino-based firm plans to subdivide the property and create 36 condos it will sell. The city of Los Angeles had originally granted entitlements to Land Development for
A pair of Los Angeles developers are constructing a contemporarily packaged mixed-use building in Valley Village featuring 19 apartments and ground-floor retail, Urbanize.LA reported. Hillock Land Co. and Luminor Properties are collaborating with architecture and design firm Brooks + Scarpa on Magnolia Hill, a three-story building that will include a combination of studio and one-bedroom
Mortgage rates higher this week – The September 27 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.72%, up from 4.65% last week. The 15-year fixed was 4.16%, up from 4.11% last week. The 5-year ARM was 3.97%, up from 3.93% last week.
The September 20, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.65%, up from 4.60% the prior week. The 15-year fixed was 4.11% up from 4.06% the previous week. The 5-year ARM was 3.92%, almost unchanged from 3.93% last week.
The California High Speed Rail Authority staff has recommended a route between Palmdale and Burbank that would follow the Antelope Valley Freeway and tunnel beneath the San Gabriel Mountains. The authority board is expected to vote on the proposal at a meeting to take place in the San Fernando Valley in November. That will begin
A $70 million renovation project is underway at the Westfield Topanga Mall in Woodland Hills, owner Westfield Corp. announced Wednesday. The upgrades to the shopping center’s interior include new floors, tiling, lighting fixtures and paneling; updated restrooms and family lounges; and new digital infrastructure aimed at enhancing the customer experience. The mall will remain open