Category Archive for:   Blog Posts

Wilshire Corridor Neighbors:   Have you found yourself curious about property values? Are prices dropping? Is anyone selling or buying? What’s the state of the current housing market?   As your Wilshire Corridor experts, we track the answers to these questions closely, and distribute market reports every quarter. During this critical time, however, we recognize […]

Wilshire Corridor Condo Sales Stats The Wilshire Corridor real estate market had a VERY strong start in 2020: 41 condos sold in the first three months. Both the median sold price per square foot and the median sold price increased to new record highs during this period, signaling that the year began with a high level of […]

Across the city’s downtown and Westside—home to affluent enclaves including Pacific Palisades and Beverly Hills—sales of new, high-end condos soared 74.4% in the last three months of 2019 compared to the same period in 2018, the brokerage said. At the same time, the median price rose 17.9% to $2.2 million.   Read More: https://www.mansionglobal.com/articles/los-angeless-luxury-new-condos-see-surge-in-sales-211371

With fires in Southern California becoming an increasingly frequent occurrence, what happens to the real-estate market in a high-risk neighborhood like Crestwood Hills after it has been hit? “For those who lost their homes, it will be a challenging and difficult couple of years to rebuild,” says Tregg Rustad, estates director with Rodeo Realty who […]

What we saw in 2019: The beginning of 2019 was dominated by talk of a potential recession. On the Corridor, we started to see signs that prices were peaking, and inventory began to increase. However, interest rates dropped to near historical lows – that energized buyers whom came back into the market. We finished the […]

The 7 story, 54 unit luxury building has just made its debut on the Wilshire Corridor. Amenities include Valet Parking, Concierge/Doorman, Bar, Banquet hall, exercise studio and an amazing rooftop terrace. The main unit mix is comprised of 2 Bedroom/2 Bathroom (1,427 s.f.) and 3 Bedroom/4 Bathroom (3,000 s.f.) residences, with luxury penthouses available on […]

A nearly 10-year-old plan for a high-rise development in Westwood has shown its first sign of life in years. Los Angeles-based developer Indivest has applied for the first in a series of building permits needed to construct the Gayley at Wilshire, a proposed 29-story condo tower near UCLA. The project, named for its location at […]

LA TIMES HOME OF THE DAY: Ultra-modern condo rises above Wilshire Boulevard This 15th-floor corner condominium in the Diplomat building features ultra-contemporary interiors and an open concept floor plan. The formal entry leads to light and bright gallery-worthy spaces with views that extend from Century City to the ocean. Address: 10350 Wilshire Blvd., No. 1504, […]

  “The most interesting part of Tregg Rustad’s work is putting the pieces of a real estate transaction together. “No two deals are the same,” he says. “Each has its own complications, details, personalities involved. That’s the fun part, working to get the best result for my clients.” Read the full publication here

It took six years to do it, but there are no more vacancies at the Carlyle Residences on Wilshire Boulevard. According to The Real Deal, all 78 units at the Elad Group’s Westwood luxury tower have been sold, grossing a total of $275 million, or an average of $1,044 per square foot. The Carlyle Residences […]