Real Estate newsletter: COVID-19 fortune fuels a real estate shopping spree

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Real Estate newsletter: COVID-19 fortune fuels a real estate shopping spree
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Welcome back to the Real Estate newsletter, which this week delivers more drama than the usual celebrity-fueled luxury deals.

That’s about 30% shy of their original price tag of $23.95 million but still $2.7 million more than they paid for it five years ago.a few miles west in Benedict Canyon. The one they just sold is a bit smaller at 8,500 square feet but still wows with 33-foot ceilings, a sculptural staircase and primary suite complete with a “glam room.”The 1.3-acre estate includes a main house and guesthouse that combine for more than 8,500 square feet.

With starter homes going for anywhere between $500,000 up to $1 million in most L.A. neighborhoods, condos can be a more affordable path to home ownership, and there’s a healthy dose of options across the city. Take a look atBlossom Market Hall will open in a former Masonic lodge in the historic San Gabriel Mission District.

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