Lenny Lerman Real Estate

10/15/2026

- A Real Estate Reality Check -

Inflation just came in hotter than expected with both CPI and PPI numbers tracking up. Here is a completely transparent breakdown of exactly what that means for Los Angeles County real estate right now and what is ahead for all of us.

Right now, high inflation means mortgage rates are staying elevated and creeping past seven percent. Because of that, the overall real estate market is not healthy. The market is moving much slower and homes are sitting on the market longer now, averaging around 70 days.

However, the Los Angeles market is incredibly local. It is a tale of different neighborhoods, and a few select areas are still selling fast with strong attention from buyers. Because things vary so much by zip code, location is absolutely key for buyers to choose carefully right now

Looking ahead, we should expect rates to stay higher for longer. Do not wait around for a massive rate drop anytime soon because these rates are likely locking in for the foreseeable future. On top of that, hidden costs are spiking, and home insurance premiums are jumping 30 to 50 percent across California.

Here is the bottom line. If you are selling, pricing your home accurately from day one is everything because overpricing means your house will just sit unless you are in one of those rare high demand pockets.

If you are buying, focus heavily on the specific neighborhood location because micro markets are behaving completely differently. Your borrowing power is definitely tighter, so you just need to be completely comfortable with your current monthly payment from day one.

09/27/2026

09/22/2026

The U.S. multifamily real estate sector is facing an unprecedented financial crunch as more than one trillion dollars in pandemic era debt matures into today's doubled interest rates.In Los Angeles County, this macro pressure is intensified by strict rent stabilization ordinances and tenant protections that cap rental growth. As a result, relying on traditional cap rate formulas no longer makes logical sense. Yield metrics simply fail to justify the reality of high borrowing costs and regulatory risk. Despite headlines suggesting distress will bring cheap buying opportunities, viable deals for buyers have not materialized yet. Sellers are holding out, and a wide gap remains between pricing and reality. Investors must exercise extreme caution, ignore the noise of premature deal flow, and focus heavily on capital preservation until genuine value emerges.

09/14/2026

New Listing I 13355 Mulholland Dr Beverly Hills, California 90210
Offered at $7,499,000

Set back from Mulholland Drive, with a private road leading to a gated entrance and driveway beyond, this rare estate includes the adjoining lot and encompasses more than 1.9 acres. Quiet and peaceful, the property is surrounded by sweeping, park-like grounds, mature trees, lush landscaping, terraces, and beautiful valley and canyon views throughout. City lights are spectacular at night. The extraordinary scale offers the opportunity to create a highly personalized compound, pursue future development, or envision something entirely unique. Greeted by a sweeping motor court with room for countless vehicles, the estate offers an impressive arrival and exceptional capacity for entertaining on a grand scale. The substantial 8,185-square-foot Mediterranean villa was updated in 2023 and offers approximately seven bedrooms, expansive living and entertaining spaces, an updated chef's kitchen, custom bar, family room, office, gym, media room, resort-style pool, cabanas, patios, temperature-controlled w**e cellar, sauna, and game and lounge spaces. With the adjoining lot offering substantial additional land and flexibility, the property is one of the best values in the city, offering endless potential to shape the grounds and pursue a range of opportunities.
APN 2386-001-015 included in sale.
DM for showings