San Fernando Valley_January 2017

Rodeo Realty News LOCAL EXPERTISE, GLOBAL PRESENCE San Fernando Valley

January 2017

INSIDE THIS ISSUE DEVELOPMENTS PLANNED FOR TARZANA CALABASAS LAND SET ASIDE FOR CONSERVATION COMMERCIAL FLIGHTS FROM LOS ANGELES TO CUBA RESUME LA RENTAL MARKET RANKS POORLY

Community News West Hills Hospital opens wound center clinic

West Hills Hospital & Medical Center recently opened a clinic devoted to treating hard to heal wounds. The Advanced Wound Center offers stateof-the-art therapies such as bio-engineered tissues, biosynthetic dressings, and growth factor therapy for patients whose wounds have not healed in 4-6 weeks. According to officials at the hospital, approximately 6.7 million people in the U.S. are inflicted with chronic wounds. West Hills Hospital has been serving the community since 1984 and is also home to the Grossman Burn Center, the largest plastic-surgery based burn practice in the country.

Two development projects planned for Tarzana

Plans have been filed to develop two different mixed-use projects in Tarzana. The first project will be located on Reseda Boulevard, north of Ventura

Boulevard, and will include 170 residential units and approximately 6,000 square feet of retail space on the ground floor. The project will be a fivestory structure with two levels of subterranean parking. Meanwhile, about a mile west on Ventura Boulevard, developers plan to replace a car wash with an apartment complex that includes 10,000 of commercial space. The project is in the earliest stages of development with few details available.

Calabasas land set aside for conservation

The Mountains Recreation and Conservation Authority recently announced that they have closed escrow on 96 acres of land near Calabasas, preventing the land from being developed. Adjacent to Creekside Park, the property consists of a northsouth ridgeline, a tributary of the Los Angeles River that leads to Dry Creek Canyon, as well as large stands of live oaks, sage scrub and chaparral. The MRCA paid $2.1 million for the property, funds that were attributed by LA County Supervisor Sheila Kuehl and the Santa Monica Mountains Conservancy. The MRCA is a public entity formed in 1985 by the Santa Monica Mountains Conservancy, the Conejo Recreation and Park District, and the Rancho Simi Recreation and Park District.

Community News Commercial flights from LAX to Cuba resume

After 53 years of government-imposed travel restrictions, Angelenos can now book direct flights from LAX to Havana, Cuba. American travelers had been banned from travelling to Cuba since 1963, but following the thawing of relations between the U.S. and Cuba in 2014, restrictions have gradually been lessened. Federal officials began approving commercial airline service in July 2015, and now Alaska Airline is offering regular direct flights between Los Angeles and Havana. While Cuba has remained an attractive, but unattainable vacation destination since the Cuban Missile Crisis, the true

demand for such flights remains to be seen; American Airlines, which was already flying to Havana from other cities, has already announced plans to scale back their flights. Travelers will be pleased, however, to learn that, as of this writing, fares are as low as $318, reflecting Cuba’s location just 90 miles from Key West.

LA rental market 7th most expensive, 5th most crushing

A recent report from the rental website Zumper indicates that rent in Los Angeles climbed 5.2 percent in 2016, but that the market remains the 7th most expensive in the country, with an average one-bedroom rental costing $2,030 per month. The neighborhoods seeing the highest increases were Hollywood Hills West, Mid-City, Beverly Hills, and Olympic Park. Nationwide, rental rates only rose 1.8 percent, and some of the most expensive markets, such as San Francisco and New York, actually saw significant declines over the year. Similarly, the high-end areas of Downtown LA, Westwood, Santa Monica, and Marina del Rey saw declines in rent. Meanwhile, on pace with Los Angeles rent, is Angelenos’ difficulty in paying their rent. A recent study by Harvard University found that over 58% of LA renters spend more than 30% of their household income on rent, the standard by which the U.S. Department of Housing and Urban Development determines whether a renter is cost-burdened.

That percentage earned Los Angeles the rank of fifth worse nationwide, with only Miami, Honolulu, Daytona Beach, and Riverside having more renters struggling to pay their rents.

Restaurant

Spotlight

Dough Girl

The Stand

Lum Ka Naad

16851 Victory Blvd., Van Nuys

17000 Ventura Blvd., Encino

17644 Ventura Blvd., Encino

On the very edge of Encino you’ll find this pizza place. The slices here are all New York thin and designed with original recipes that will leave you with a mouth-watering experience. Their pies will hijack your taste buds without hijacking your wallet. Here, the seasonal winter pie comes with alfredo white sauce, ricotta, spinach, and corn; their Mobster pizza is spread with lobster tail bisque sauce and chunks of tiger shrimp. For those pizza lovers, there’s also an animal style pie which comes with A Thousand-Island base, french fries, and American cheddar. The street-casual restaurant has graffiti art and decals decorating its walls and counters bringing a positive energy and a creative flare to the neighborhood. Dough Girl is open Sunday – Thursday from 11 a.m. – 10 p.m., and Friday – Saturday from 11 a.m. – 3 a.m.

The Stand gives a fresh spin on American classics. This place was named one of the ten best restaurants in Encino by LA Weekly. Currently there are fivelocations of The Stand, with the first established in Encino.

The restaurant is priced to satisfy a wide range of needs and meal occasions all with exceptional value. Here you will find hotdogs and sausages, burgers and chicken enriched by various toppings, breads, sides and drinks. Some popular items on the menu: the Three Pigs,composed of bratwurst, bacon tomato jam and a housecured porchetta. Also on the menu, a French Onion Soup burger which tastes like a classic soup but eats like a French dip sandwich. The casual dining spot serves lunch and dinner daily from 11 a.m. – 9 p.m.

The Stand gives a fresh spin on American classics. This place was named one of the ten best restaurants in Encino by LA Weekly. Currently there are fivelocations of The Stand, with the first established in Encino.

The restaurant is priced to satisfy a wide range of needs and meal occasions all with exceptional value. Here you will find hotdogs and sausages, burgers and chicken enriched by various toppings, breads, sides and drinks. Some popular items on the menu: the Three Pigs,composed of bratwurst, bacon tomato jam and a housecured porchetta. Also on the menu, a French Onion Soup burger which tastes like a classic soup but eats like a French dip sandwich. The casual dining spot serves lunch and dinner daily from 11 a.m. – 9 p.m.

SIGHTS & SOUNDS in LOS ANGELES

LACMA

The Broad

5905 Wilshire Boulevard Los Angeles, CA 90036

2210 South Grand Avenue Los Angeles, CA 90012

CURRENT EXHIBITION:

CURRENT EXHIBITION:

Picasso and Rivera: Conversations Across Time December 4, 2016 - May 7, 2017

Creature November 5, 2016 - March 19, 2017

The current exhibition compares and contrasts two of the most successful and most self-aware artists of the 20th century, Pablo Picasso and Diego Rivera. Tracking their training, their careers, and their impact on modern art, the exhibit includes 150 paintings, etchings and watercolors presented alongside ancient objects from antiquity.

Annenberg Space for Photography 000 Avenue of the Stars #10 Los Angeles, CA 90067 CURRENT EXHIBITION:

The Broad’s new featured exhibition, occupying its first floor galleries, is a selection of pieces representing various views of selfhood and the human experience. Artists featured include Georg Baselitz, Joseph Beuys, Jean-Michel Basquiat, Ellen Gallagher, Leon Golub, Jenny Holzer, Damien Hirst, Takashi Murakami, and Andy Warhol. Thomas Houseago’s Giant Figure (Cyclops) is shown in the U.S. for the first time.

IDENTITY: Timothy Sanders

The List Portraits September 24, 2016 – February 26, 2017 IDENTITY is an exhibit of large format portraits by noted photograher and documentarian Timothy Greenfield-Sanders. The exhibition is divided into five installments, each representing a marginalized group or ethnicity. One installment, called The Trans List, is being presented publicly for the first time.

RodeoRE.com