Open House Obsession: Franklin Hills Mid-Century, $1.8M

By Philip Ferrato Built in 1965, now sensitively and recently renovated, this 4-bed, 3-bath home by architect Dick E. Lowry is a classic. Originally from Canada, Lowry worked primarily around Los Feliz and Silver Lake, and his homes are contributory structures in the area’s Modernist history. Located at 3733 Clayton Avenue, there are open houses… Keep reading

Snazzy Mid-Century Modern in Baldwin Hills Estates Asking $1.4M

By Pauline O’Connor On the market for the first time in a quarter-century is a razor-sharp midcentury modern in Baldwin Hills Estates. With its crisp, clean lines, open flow, and expansive walls of glass that slide open to the heated swimming pool, the low-slung ranch effectively conveys a feeling of postwar-optimism and conjures the leisurely… Keep reading

What $700K buys in Los Angeles

By Jenna Chandler From 1928 to 1934 chewing gum magnate William S. Wrigley Jr. developed a two-block area of homes in Long Beach now named in his honor. The historic district is made up predominately of Spanish Colonial Revival homes, like this three-bedroom, two-bath charmer at 2036 Eucalyptus Avenue, which features stained glass windows, colorful… Keep reading

Southern California home prices are flat in May as sales fall

By Andrew Khouri The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in borrowing costs. The six-county median — the point where half the homes sold for more and half for less — rose just 0.2% from May 2018 to reach $530,000,… Keep reading

“The first 3 months of the year sucked”: Industry pros on LA’s luxury market slowdown

By Natalie Hoberman George Penner, CEO of Deasy Penner Podley, didn’t mince words in his description of Los Angeles’ high-end residential market. “The first three months of the year sucked,” he said. “It was terrible.” That slowdown and a wave of discounted re-listings dominated the discussion among Penner and other industry players at The Real… Keep reading

deasy / penner & partners @deasypenner
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