BUNGALUX

February 10, 2013

Falling in Love

Beverly Hills Trophy Estate

So there's this guy. You glance at him from across the room, you think he's kind of cute. And then you get to know him. Gradually. And "cute" turns into, "Oh my gosh, I think he's hot." You like his smile, his blue eyes, the way he seems to surreptitiously look at you too. He's funny, certainly, but his jokes are always funnier to you than they are to everyone else ... Read More

February 3, 2013

The "Art" of Real Estate

Frank Lloyd Wright's La Miniatura

A client asked us the other day about Frank Lloyd Wright places for sale in Los Angeles, and it got us thinking again about the masterpiece Millard House, aka La Miniatura. We realized we hadn't covered it for Bungalux, so we decided post-Super Bowl was the perfect time to cover a Super House. La Miniatura, or "this little house" as Frank Lloyd Wright used to call it, is a misnomer. The Pasadena house seems ... Read More

January 31, 2013

The US's Most Expensive House Sale?

Silicon Valley's $177 Million Non-Public Offering

Poor Silicon Valley. Over the past years we've been witnessing a gradual migration of some of Silicon Valley's most eligible bachelors and young marrieds to Los Angeles. PayPal co-founders Peter Thiel and Elon Musk each bought mega-property in Los Angeles. Ooma founder Andrew Frame did too. According to the WALL STREET JOURNAL, Oracle co-founder Larry Ellison owns no fewer than 27 Malibu residences. And if that's not enough ... Then there's the ... Read More

January 28, 2013

Picture Perfect in NYC

Instaglam

Long before there were iPhone photos, Flickr, Instagram, Facebook photo tagging and even the digital camera there were … the photographers. And by photographers we’re not talking about your friends who Samsung Galaxy-shoot grainy pics of late nights out for their blogs. (That’s the subject of a future editorial piece.) Instead, by “photographers” we’re referring to the big boys who sat in the studio with actresses and supermodels and carried around heavy cameras ... Read More

January 24, 2013

And Speaking of 41 Ocean ...

4 Hot Santa Monica Properties New to the Market

We covered hot new members-only dining club 41 Ocean on Wednesday which begged the question: Is it frivolous to buy a gorgeous house in Santa Monica to go WITH your dining experience? We around these parts think there's nothing frivolous about that, and if you're a Bungalux fan we're sure you agree with us. There have been a ton of great listings in Santa Monica that have come on the market lately ... Read More

January 20, 2013

What $75 Million in Malibu Looks Like ...

Ferguson & Shamamian's Definition of a Beach House

The blogs and business journals were recently abuzz with the latest in real estate mega-sales: The sale of financier Howard Marks's $75 million Malibu mansion. In what was quite possibly the precursor to another ebullient year for luxury real estate, the sprawling Mediterranean oceanfront estate sold to Russian billionaires in an all-cash transaction. (Billionaires don't go to Wells Fargo to get mortgages like the rest of us; they do complicated things like borrow ... Read More

January 13, 2013

The Luxury Real Estate Market

Luxury Housing Throws Up Some Surprises

To say that the luxury real estate market rebounded last year is like saying the Lakers are struggling a bit. Sure, both are true, but both greatly understate what's really going on. We'll leave the Lakers' problems to the folks at ESPN, but since we're obsessed with luxury real estate around these parts we thought we'd delve into that market a bit deeper. Here's guest contributor JARED DIAMOND to talk ... Read More