Thinking about forming an LLC to hold real estate in California? Discover why LLCs are a powerful tool for privacy, asset protection, estate planning, and tax flexibility—especially for high-value properties in Newport Beach, Costa Mesa, Corona del Mar, and other Orange County coastal communities. This comprehensive guide from Lucas Real Estate Group covers everything from liability and tax benefits to Prop 19 strategies and long-term maintenance considerations.
Tour Homes Like a Pro: What Every Newport Beach Buyer Should Know
Ready to move beyond online listings and start touring homes in person? Whether you’re buying in Newport Beach, Eastside Costa Mesa, or surrounding coastal communities, this step-by-step checklist will help you evaluate properties with confidence. Learn what to look for — inside and out — and how to spot red flags before making an offer. Written by local real estate attorney and broker Devin R. Lucas, this guide blends real-world experience with professional insight to help you make smart, informed decisions in today’s competitive market.
Under California Penal Code Section 396, rental price increases during a declared state of emergency are limited to 10%, with the base rent determined by prior rental history or fair market rent (FMR) as defined by HUD. If a property hasn’t been rented in the past year, the allowable base rent defaults to 160% of the HUD fair market rent. The choice between county-wide FMRs and Small Area FMRs (SAFMRs) depends on local market conditions, with SAFMRs providing more granular, ZIP code-specific data.
Here is your latest Costa Mesa single family homes for Activity Report for January 2024, analyzing data as it affects a specific market area.
The Trend Report, published by the Coldwell Banker Global Luxury® program, curates high-net-worth consumer insights generated from a Censuswide survey, along with supporting data from the Institute for Luxury Home Marketing, Wealth-X, and other top experts to uncover the latest luxury home trends driving the market now and in the future. View the full report … Continue Reading
Here is your latest Eastside Costa Mesa Activity Report as of December 3, 2023, analyzing data as it affects a specific market area. The Market Summary below offers a look at sales activity for the prior month and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments.
Here is our Eastside Costa Mesa Market Report (this report is as of September 9, 2023). This Market Report contains detailed information about properties currently for sale or that have recently sold in Eastside Costa Mesa. This data will help track and assess values and trends in Eastside Costa Mesa. The report is based on … Continue Reading
Here is your latest Costa Mesa Activity Report, analyzing data as it affects a specific market area. The Market Summary below offers a look at sales activity for the prior month and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of … Continue Reading
Eastside Costa Mesa Real Estate Market Report (as of August 15, 2023)
Here is your latest Costa Mesa Market Report, analyzing data as it affects a specific market area. The Market Summary below offers a look at sales activity for the prior month and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments. Please contact us if you would like more information on the current market.
Lucas Real Estate
2901 West Coast Highway Suite 200 | Newport Beach | California | 92663-4023
[email protected] | 949.478.1623 office
Devin Lucas BRE No. 01912302 | Courtney Lucas BRE No. 02015514
Lucas Real Estate, a dynamic full-service residential real estate team led by Devin Lucas, REALTOR®, Real Estate Broker, and Real Estate Attorney, and Courtney Lucas, REALTOR® and CPA, offers unparalleled expertise in Newport Beach and surrounding areas.
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