David Geffen sells an empty 1-acre lot in Beverly Hills for $33.75 million

He didn’t do much, but media mogul David Geffen still walked away with a $3.75-million profit in Beverly Hills.



Sandwiched between two mega-mansions, the empty 1-acre lot takes in sweeping views of the city and ocean. (NearMap)


© (NearMap)
Sandwiched between two mega-mansions, the empty 1-acre lot takes in sweeping views of the city and ocean. (NearMap)

About a year after dropping $30 million on an empty 1-acre lot in the ultra-exclusive Billionaire’s Row enclave, Geffen just sold the land for $33.75 million to investor Randall Van Wolfswinkel.

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When Geffen bought it last year, the vacant lot came with plans for a 24,500-square-foot modern mansion designed by architecture firm Shubin Donaldson. Blueprints called for seven bedrooms, 14 bathrooms, a bowling alley, nightclub, bar, theater, salon, gym and a giant 140-foot swimming pool — but so far, nothing has been built.

Perched on a hillside, the property boasts sweeping views that stretch from downtown Los Angeles to the Pacific Ocean.

The $33.75-million deal ranks among the priciest

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CHP Removes Activists From Empty El Sereno Homes Owned By Caltrans: LAist

CHP officers, activists and residents gather as officers face off with protesters on Sheffield Ave. and Poplar Blvd. (Brian Feinzimer for LAist)

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Additional reporting by Brian Feinzimer and Lita Martinez.


An activist decries the actions of CHP officers and Caltrans on Sheffield Ave. and Popular Blvd. in El Sereno. (Brian Feinzimer for LAist)

California Highway Patrol officers detained several people during a tense Thanksgiving eve standoff after activists occupied a number of empty El Sereno homes owned by Caltrans.

The transit agency previously bought the homes with taxpayer money (and, in some cases, eminent domain) as part of its plans to connect the 710 freeway in Alhambra to the 210 freeway in Pasadena. After six decades of debate and lawsuits, that

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Empty offices must not become ‘rabbit hutch’ homes, say English councils

Councils have warned that offices left empty by the coronavirus pandemic must not be turned into sub-standard “rabbit hutch” homes after a government climbdown indicated a shift in housebuilding targets – away from the southern shires and toward towns and cities.



a store front at day: Photograph: Christopher Thomond/The Guardian


© Provided by The Guardian
Photograph: Christopher Thomond/The Guardian

Thousands more homes are set to be built in urban areas, particularly in the Midlands and north of England after the government said it would adjust a housing targets algorithm that had sparked a rebellion from MPs and council leaders representing Conservative heartlands.



a store front at day: A vacant shop space in Halifax last week as an adjustment of the government’s housing targets algorithm suggested more homes would be created in the Midlands and north of England.


© Photograph: Christopher Thomond/The Guardian
A vacant shop space in Halifax last week as an adjustment of the government’s housing targets algorithm suggested more homes would be created in the Midlands and north of England.

Targets in areas such as Hampshire and Surrey were increased significantly and now the Ministry of Housing, Communities & Local Government (MHCLG)

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Five more empty Derby homes to be bought by city council

Five more properties from across the city are to be purchased by Derby City Council at a cost of more than £500,000 in order to boost its housing stock.

All of the properties are either maisonettes, flats or apartments and are spread among four wards.

Two of the properties are in Darley ward. One is a one bedroom apartment which will cost £116,374 to buy and repair and modernise and the other is a two bedroom maisonette, which will cost £108,733, including the cost of new central heating, double glazing, new bathroom and smoke and heat detectors.

The others include a one-bedroom maisonette in Abbey Ward, total cost £100,257; a Mackworth two bedroom flat, £99,806 and in Arboretum, a one bedroom flat £100,139.

A report on all of the homes and costs is due to be approved later today by cabinet member for adults, health and housing Councillor Roy Webb.

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