The Density Debate in Los Angeles

Many people oppose the most talked about measure on the Los Angeles ballot this March. Measure S has been widely discussed in detail and appears not to have enough supporters to pass, however, we all have learned that anything is possible in politics.
 
Voters believe that it is only common sense to vote against Measure S.  Measure S is a proposed law that recommends changes to the laws guiding the general plan and real estate development in Los Angeles.  According to Ballotpedia, “A yes vote is a vote in support of imposing a moratorium on construction that increases development density for up to two years, prohibiting project-specific amendments to the city’s general plan, requiring a public review of the city’s general plan every five years, requiring city staff not developers or project applicants to perform environmental impact reports, and establishing other changes to the city’s general plan laws.”
 
It looks as if the majority of people support a NO vote on this measure. These NO voters want the city’s zoning and development laws to remain unchanged until a better reform plan is presented.
 
Supporting Measure S would prevent real estate developers from moving forward on projects that would benefit communities in Los Angeles, California.  Much of the acquisition process in real estate development depends on the ability to creatively rezone parcels and increase density.  Requiring a two-year moratorium on construction that increases development density would force real estate developers to consider investing in other markets outside of Los Angeles.
 
Los Angeles is the most evolving city in The United States of America.  The city currently has huge demand.  People come from all around the world to live, work, and play in this beautiful metropolis.  Housing affordability has become a serious problem for many people who live in Los Angeles. Many residents spend 50 percent or more of their monthly income on housing. Rent values are expensive in some of the least desirable neighborhoods.  In order to prevent a rise in the cost of housing, it is absolutely necessary to increase density.  It is right to alleviate the burden of high rents so that all people can live and die in Los Angeles if they so desire. Luxurious residences and high-cost abodes will remain in demand for those who must maintain their expensive lifestyles regardless of Measure S.  If Measure S is to pass, then the cost of housing will increase fast rather stabilize or increase slowly.  Risking a fast increase on the cost of all housing by voting yes on S will trump people who are nearly ready to buy or rent in Los Angeles. Matthew Williams argued, “Measure S would greatly hinder the development of affordable housing — a resource that Los Angeles desperately needs.” 
 
“From a report by the National Resources Defense Council, Measure S would roll back the efforts to solve the affordable housing problem in Los Angeles. It would inhibit Measure JJJ — which provides incentives to private developers to build affordable housing along transportation lines. It would also inhibit Measure HH — which allows the city to build permanent housing for the massive homeless population of Los Angeles.”
 
 
A Los Angeles City Administrative Officer stated, “This measure will cost the City millions of dollars in lost revenue from permits, licenses, and other fees charged to impacted projects.”
 
 
The planning and land use system in Los Angeles may be unfair, but Measure S is not designed to solve this problem.  A measure that would truly be beneficial might offer a detailed new general plan and zoning framework that the city could adapt.  There is no guarantee that a new system of zoning will be executed if Measure S is successful.  The only guarantee is that we would establish a temporary ban on all development projects requiring: 1) zoning that lifts land-use restrictions or increases permitted building heights 2) zoning changes that increase the allowed density or height of buildings 3) a net loss of land dedicated to open space, agriculture, or industry.
 
Some opponents of Measure S suggest the following:
  • New studies out of Harvard show Los Angeles needs to build 382,000 new units just to meet current demand. If the Neighborhood Integrity Initiative passes, it will make it virtually impossible to build those units.
  • Homeless advocates like the Inner City Law Center point out that most new homeless are a result of skyrocketing rents and lack of available housing units. The Neighborhood Integrity Initiative will restrict housing even more, driving homeless numbers up and pushing families onto the streets.
  • The Southern California Association of Governments predicts L.A.’s population will increase by 500,000 over the next two decades, adding a city the size of Long Beach to our already impacted housing market. The Neighborhood Integrity Initiative will make it impossible to meet that demand, driving up demand and rents.
  • The harmful initiative bans virtually all new housing and construction in the City of L.A. Nowhere in the initiative language does it ban developer contributions or address corruption.
  • The LA Times calls the so-called Neighborhood Integrity Initiative ‘a recipe for higher housing costs, more homelessness and greater inequality.’ With vacancy rates at an extreme low, our city cannot afford this damaging ban on housing.
  • Does our city planning need to be fixed? Yes, but this initiative goes too far! A ban on housing will only make our housing crisis much, much worse by severely restricting housing supply, driving up rents, accelerating gentrification and mansionization, and costing the city millions in lost tax revenue for police, firefighters, parks, and other vital public services.
  • According to the New York Times, studies show that laws like the so-called Neighborhood Integrity Initiative ‘contribute to racial segregation and deeper class disparities. They also exacerbate inequality by restricting the housing supply in places where demand is greatest.’
  • Recent studies indicate rent in Los Angeles is rising at a much higher rate than incomes. With high demand coupled with limited housing units, a ban on housing will only further drive up rents. Our city desperately needs to be adding as many housing units as possible, not banning their creation.
  • Experts agree that the creation of all types of housing is imperative to the long-term solution of our current housing crisis. The so-called Neighborhood Integrity Initiative only adds to the problem by indefinitely banning the creation of virtually all housing in our city.
  • According to City of Los Angeles data, 90% of all planned opportunity sites for affordable and permanent supportive housing projects would come to an immediate halt under the Housing Ban initiative
I believe it is true that Measure S has the potential to destroy 24,000 jobs and cost workers $1.28 billion in lost wages.  In fact, my career has been put on hold as a result of the Measure S vote this March.  If Measure S passes, then please recommend my name to all the casting agents you know.   
 
Marc Anthony Davila  is a real estate professional and entrepreneur.  He is driven by his passion for business and creating win-win relationships that make logical sense.  Marc Anthony is interested in helping all people and an advocate for Fair Housing.  Marc Anthony has high integrity and is determined to do the right thing in all situations.

TwentyFour Hundred | A Brickhaus Commuity

Brickhaus Partners has consistently delivered exceptional residences for more more than twenty-five years.  The team works hard together to bring positive change to our neighborhoods all across northeast Ohio.  Famous for real estate developments projects like Coltman 27 and ElevenRiver; Brickhaus Partners is poised to bring a new inventory of single family homes to Beachwood, Ohio.

TwentyFour Hundred will soon sell out to an exclusive group of home buyers. This new Beachwood community is fee simple and will help address the desire for single family new construction on Cleveland’s east side.  These luxury residences are set to be unparalleled to other real estate projects.

The modern architectural design will feel warm and inviting like a warm cup of tea in December.  Brickhaus Partners offers the most advanced home design options available in Cuyahoga County.  Previously completed projects by Brickhaus all offer a hot west coast style. Click here to visit the Brickhaus web page and explore the history of their past projects. The Brickhaus ultra modern sleek design is highly desirable and expected to remain popular in the coming years. TwentyFour Hundred offers living that is healthy, sophisticated, and well planned.

These thirteen residences will be designed by Horton Harper Architects.  They will range from 1,900 to 2,400 square feet.  Priced in line with the current market, entry-level residences residents start at $429,000.

The three-bedroom town home option includes a first-floor master suite and second floor covered terrace.  These features are highly desirable and increase the already popular demand.

Brickhaus Partners is also creating 95 Lake, a ten unit community across from Edgewater Park, and eleven town homes at West 117 and Lake Avenue.  Watch for a new mid-rise apartment building to begin in Ohio City not too far from the Westside Market.

To receive live immediate status updates on all properties built by Brickhaus Partners contact Marc Anthony Davila here.  To receive a portion of your closing cost paid by Brickhaus Partners print off this article and present it when you begin your home building process with Brickhaus.

Brickhaus Partners is a modern real estate developer with an exceptional customer service process.  They will walk you through the design of your new residence and help you make decisions you can be content with.  Brickhaus Partners delivers a complete construction process from A to Z.
 
Marc Anthony Davila has more than five years of professional real estate sales service and other related experiences.  Marc Anthony Davila has the education and experience to network with the most sophisticated real estate professionals in the country.  Well recognized and well-liked, Marc Anthony Davila is one of the top personalities in the real estate industry.

Cuyahoga County is the most popular county in Ohio.  Including Ohio’s most unique neighborhoods like Tremont and Ohio City, Cuyahoga County has become an important destination.  Home to the Cleveland Cavilers and a population of about 1.26 million people, Cuyahoga County has become a great place to live and visit. 

HOME OF THE DAY 01 03 2017

14482 Windsor Castle Lane was reduced in price today.   Situated near Prospect and Royalton in Strongsville, Ohio; the price was slashed $50,000. The 6.25% reduction brought the asking price down to $750,000

According to the owner, the house has 8100 square feet; and is offered at $92 a square foot.  The selling price might drop below $750,000 considering the cosmetic upgrades needed, and ugly kitchen cabinets.

The residential property disclosure discussed issues that have since been resolved. Ice damming issues caused problems in the kitchen.

This former model home consists of 8100 Square feet, a five car garage, and three fireplaces.  At 102 days on the market, this price reduction was overdue.

If you’re curious about what other properties have experienced large price adjustments in Cuyahoga County, sign up for a free list of price reductions at Cuyahoga Estate Homes.

Marc Anthony Davila is a seasoned real estate professional.  With eight years of experience, Marc Anthony understands how to avoid problems that commonly arise in real estate transactions.

 

Marc Anthony’s Home of the Day | 12 19 2016

I’m excited because I found an awesome new listing to write about.  If you love historical properties you are going to fall for this house.  This house is gorgeous and in one of the most popular Cleveland neighborhoods.  Ohio City is a great place to live.  The community is walkable and people are great.  Cleveland is a place where many people are genuine and down to earth.

This Ohio City listing is on Clinton Avenue in 44133.  The area experienced a renaissance and revitalization that turned around the housing market.

Four full bathrooms, 4800 square feet, and super historical.

The facade of this home reflects history from its original construction in 1868.  I love the architectural detail of this house, both on the inside and out.

Listed at only $171 per square foot, if you are purchasing a home in Cuyahoga County, you should consider this listing.

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In 2008, Marc Anthony Davila became a licensed real estate agent in Ohio. While studying architecture at Kent State University, Marc sold more than 4 million dollars of real estate in the Cleveland-Akron Metropolitan Area. Marc Anthony Davila enjoys adventure, helping others, and much much more.

Marc Anthony Davila is most interested in all real estate development opportunities including joint ventures.  With the experience working around custom renovation projects, he is comfortable working with all the individuals and subcontractors on a construction site.  Marc Anthony Davila’s real estate sale experience enables him to better understand the perspective of all people.  Poised, sophisticated, and good-hearted; Marc Anthony Davila is prepared to work side by side with CEOs, acquisition specialists, and all unique individuals from concept to completion.

Marc Anthony’s Property of the Day | Cuyahoga County Ohio

The moral of this story could save you money and help you accomplish your home ownership goals.  Each day the market changes, new homes are listed; others are sold.

Pay attention to the new homes that hit the market every day.  These homes are potentially the most desirable properties available on the market.  Also, pay attention to properties that come back on the market, or are issued a price reduction.

Today, 59 properties were reduced in price in Cuyahoga County, Ohio.  These are those properties:

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In 2008, Marc Anthony Davila became a licensed real estate agent in Ohio. While studying architecture at Kent State University, Marc sold more than 4 million dollars of real estate in the Cleveland-Akron Metropolitan Area. Marc Anthony Davila enjoys adventure, helping others, and much much more.
Marc Anthony Davila is most interested in all real estate development opportunities including joint ventures.  With the experience working around custom renovation projects, he is comfortable working with all the individuals and subcontractors on a construction site.  Marc Anthony Davila’s real estate sale experience enables him to better understand the perspective of all people.  Poised, sophisticated, and good-hearted; Marc Anthony Davila is prepared to work side by side with CEOs, acquisition specialists, and all unique individuals from concept to completion.

Marc Anthony’s Home of the Day | Shaker Heights, Ohio | 12 13 2016

The kitchen in this Shaker Heights property is awfully ugly, however, the house boasts a huge amount of character.  The character shines from original hardwood floors, baseboards, and casing around the windows and doors. Nestled inside the architecturally significant 1920s home, is an old fashion floor plan; that hinders the preferred open floor concept of today. The house is historical, comfortable, and located in the desirable community of Shaker Heights, Ohio.

Continue reading Marc Anthony’s Home of the Day | Shaker Heights, Ohio | 12 13 2016

Marc Anthony’s Home of the Day | 12 12 2016

Today, the Cuyahoga County real estate market falls short when it comes to interesting listings. However, I was able to locate a parcel that I hope will help me illustrate the notion of customization in real estate.  When you renovate an existing home you are somewhat restricted by existing conditions, load bearing walls, and etcetera. Choosing finishes for a renovation might be fun at first, but creating a custom floor plan tailored to your specific need will truly provide to be more beneficial in the long run.  If you’re in a position to build a custom home, for you and your family to reside; just go for it.
This vacant parcel is like an empty canvas. It’s situated in a community that has become more and more desirable in the recent past.  The median sold price for single family homes here has grown $23,250 since the same time last year.  Single family homes in this area typically remain on the market an average of 42 days.

Find this 7,160 square foot lot west of Warren Road and south of Madison at 2091 Lakeland Avenue.  Listed at $79,000.

In 2008, Marc Anthony Davila became a licensed real estate agent in Ohio.  While studying architecture at Kent State University, Marc sold more than 4 million dollars of real estate in the Cleveland-Akron Metropolitan Area.  Marc Anthony Davila enjoys adventure, helping others, and much much more.

Marc Anthony’s Home of the Day | Lakewood, Ohio | 12 10 2016

If you love historical homes, this property showcases its original 1907 character well.  With a twist of contemporary style, Marc Anthony’s home of the day is situated in Lakewood, Ohio; in the heart of northeast Ohio’s hottest market.  Listed at only $166 a square foot, this well-crafted turn key residence should be on your holiday wish list. Contact Marc Anthony Davila for more information today.

Continue reading Marc Anthony’s Home of the Day | Lakewood, Ohio | 12 10 2016

TOP SALES IN CUYAHOGA COUNTY | SEPTEMBER 01–15

Three premium properties were listed in Cuyahoga County Ohio during the first half of September 2016:

#1) 60 South Lane Drive Moreland Hills Ohio 44022| $1,995,000 | Active Listing Date 09/12/2016

#2) 50 Winding River Trail Bentleyville Ohio 44022| $1,985,000 | Active Listing Date 09/12/2016

#3) 701 W Lakeside Avenue #1304 Cleveland Ohio 44113| $1,495,000 | Active Listing Date 09/01/2016

 

Sold listings are critical to evaluating local real estate.  Here are three premium properties sold in Cuyahoga County Ohio during the first half of September 2016:

#1) 60 Easton Lane Moreland Hills Ohio 44022 | $1,850,000 | Sold on 09/01/2016

#2) 29251 Graystone Drive Westlake Ohio 44145|$805,000 | Sold on 09/09/2016

#3) 50 Winterberry Lane Moreland Hills Ohio 44022 | $792,500 | Sold on 09/07/2016

 

The status of the active listings may change anytime.  This information was generated from the Multiple Listing System and may not list all private sales during this period.

Shop for more homes for sale with Marc Anthony Davila here.

Visit CuyahogaEstateHomes.com and subscribe to Marc Anthony Davila.

TOP SALES IN CUYAHOGA COUNTY | AUGUST 15 – 31

The three most expensive trophy properties listed in Cuyahoga County during the second half of August 2016.

#1) 60 S Lane Drive Moreland Hills Ohio 44022| $3,500,000 | Active Listing Date 08/22/2016

#2) 5485 Brookside Trail Solon Ohio 44139| $1,248,000 | Active Listing Date 08/28/2016

#3) 2445 Pebblebrook Westlake Ohio 44145| $1,150,000 | Active Listing Date 08/27/2016

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The status of these active listings are subject to change anytime.  These Cuyahoga Estates are active on 09/01/2016.  Contact Marc Anthony Davila for more information about these active listings in Cuyahoga County.


Sold listings are critical to understanding your local real estate market. The three most expensive trophy properties sold in Cuyahoga County, Ohio during the second half of August 2016.

#1) 39350 Bainbridge Road Solon Ohio 44139 | $2,000,000 | Sold 08/17/2016

#2) 3750 Tradewinds Circle Pepper Pike Ohio 44124 |$960,000 | Sold 08/26/2016

#3) 2620 Hidden Canyon Drive Brecksville Ohio 44141 | $940,000 | Sold 08/23/2016

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How can Marc Anthony Davila help you?  Submit your ideas at CuyahogaEstateHomes.com