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The Mansion Tax

The City of Santa Monica’s Measure GS and L.A. City’s Measure ULA go into effect on March 1, 2023, and April 1, 2023. With the increase in the City Transfer Tax for these areas, reduce the number of properties listed for sale. Time will tell; however, my guess is the surrounding communities not within the City of Los Angeles, and Santa Monica will now have more opportunity with the...

Properties with More than One Living Structure

The demand for properties with more than one living structure on a single lot is rising. Property owners with a main house, a guest house, a detached office, or a converted garage find themselves in high demand among buyers. This trend has created a unique opportunity for sellers to capitalize on this growing market, both on and off market, and negotiate exceptional terms with eager buyers. ...