Entrepreneur Dwayne Clark drops $18 million in Carpinteria

Although far less flashy, Carpinteria’s Padaro Lane is to Santa Barbara essentially what Malibu’s Carbon Beach is to LA. At least in terms of residents. It’s an oceanfront stretch of sand where hordes of billionaire (and near-billionaire) folks congregate, many of whom are famous. Numerous big-name entrepreneur and showbiz homeowners own on Padaro — Ellen […]

Pasadena’s record-breaking Arden Villa lists at a massive loss

The city of Pasadena, located in LA’s oft-overlooked San Gabriel Valley, is renowned for its old-world charm, the annual Tournament of Roses, and the area’s historic architecture — particularly that of homes in the southernmost part of the city. Down yonder, below the bustling 210 freeway, the tree-dotted streets are broad and the lots exceptionally […]

David Dollinger drops $29 million on a Bel Air promontory

Yolanda has barely recovered from our New Year’s merrymaking, but already those busy real estate bees are out there making money moves. Slow down, y’all. LA’s first residential mega-deal of 2019 officially closed last week — $29,000,000 for a 1.42-acre promontory on lower Bel Air’s prestigious Sarbonne Road. For a full twenty years, the estate […]

Nile Niami’s latest mega-creation asks $65 million

Teddy Roosevelt once said “He with the big stick wins, except when attacked by he with the bigger stick. So always carry the biggest stick.” (We paraphrase.) Nile Niami seems to have taken that bigger-is-always-better mantra to heart. For the uninformed, Mr. Niami is arguably LA’s most successful spec-builder of mega-mansions, the outrageous kind with […]