A boarded, fire‑damaged three‑bedroom in Torrance closed for about $1.08M in a probate sale, highlighting how land value and tight credit push even wrecked homes into buyer territory.

A Marc Appleton–designed Paradise Cove compound on 2.27 acres has listed for $74.5M, with private beach access, a tennis court and guest quarters. The listing is handled by Kurt Rappaport.

A master electrical agreement for roughly 12,000 Los Angeles workers expires June 30. Developers and contractors are bracing for schedule and cost impacts across hospitals, transit and data centers.

Fontana is rebranding its downtown as the Forge District, pairing a reopened theater with new parking and zoning aimed at attracting jobs and sales tax.

SoLa Impact has started site prep at 4301 S. Vermont for a five-story, 188-unit affordable project using Model/Z modular units and new financing.

Apartment List finds roughly 11% of 25–34-year-olds own homes in the L.A.–OC metro, the lowest in the U.S.; brokers and economists point to high prices and down‑payment gaps.

Holland Flower Market paid $34.1M for a 91,010‑sf Commerce warehouse and will move its headquarters into the space.

Atunus Furniture has leased roughly 17,000 square feet at 728 S Orange Ave in West Covina, joining Floor & Decor in a high‑visibility I‑10 retail hub.

Cypress Equity secured a $170M construction loan to finance two Wilshire Boulevard projects in Santa Monica that will add about 320 apartments and ground‑floor retail.

Jamison secured $60 million to convert a 13‑story office at 3424 Wilshire in Koreatown into about 260 apartments. The financing is the latest sign of a Wilshire conversion wave.

WareSpace paid $15.8M for a freeway‑adjacent Santa Fe Springs warehouse and will convert the 1960s building into 250–2,000 sq ft units for small businesses.

KB Home is converting the old Starlite Drive‑In into roughly 200 homes and has restored the marquee to serve as the development’s entrance. Model homes are open as construction continues.

Onni filed plans to replace part of Wilshire Courtyard with twin 67‑story towers that would deliver 2,586 apartments, grocery space and new podium parking in the Miracle Mile.