March 9, 2013 |
Few markets crashed harder than Compton when California's real estate bubble burst. The city's northwest side saw the median home price plummet to $94,000 in 2009, down from $385,000 at the peak. Foreclosures dotted the streets. Families fled, leaving trash and old furniture behind. "There were a lot of empty houses. It was a big mess," said real estate broker Ruben Magdaleno of Re/Max VIP. These days, the working-class community has a new identity: comeback kid. Northwest Compton has posted the most dramatic price jump of any area in Southern California.
February 9, 2013 |
NBC and Olympics sportscaster Bob Costas and his wife, Jill Sutton, have bought a house in a gated community in Newport Coast for $4.7 million. The more than half-acre lot contains a main house, a guest casita, a saltwater swimming pool with spa, a cabana with a fireplace, a poolhouse with a kitchen and brick patios. There are four bedrooms, six bathrooms and 4,534 square feet of living space. Costas, 60, has hosted nine Olympic Games. Susan Scanlan and Darcy Ricci of Coldwell Banker Previews International were the listing agents.
January 10, 2013 |
Vanessa Bryant has sold a Newport Coast house for $3.22 million. The Mediterranean-style house was signed over to her as part of her divorce settlement with Lakers superstar Kobe Bryant, and went on the market in September at $3.75 million. The mountain-view house was built in 1999 and sits on about a quarter of an acre in a gated community where the Bryants have two other houses. Features include an office/library, five fireplaces, balconies, five bedrooms, a bonus room and 5.5 bathrooms.
CALIFORNIA | LOCAL
October 16, 2012 |
A Newport Coast man charged with killing his wife during a dispute told police that another man actually killed her and forced him to load the body into a truck and then drive his own vehicle toward the Mexican border, according to a source close to the investigation. Peter Gregory Chadwick, 48, pleaded not guilty Monday to a single count of murder for financial gain. He remains jailed on $1.5-million bail. Prosecutors say that Chadwick, a wealthy executive who lived in a $2.5-million home along the exclusive Newport Coast, killed his wife Wednesday as they fought over a possible divorce and related financial issues.
September 7, 2012 |
Vanessa Bryant has put a Newport Coast house up for sale at $3.75 million. The Mediterranean-style house was signed over to her as part of her divorce settlement with Lakers champion Kobe Bryant. The house, built in 1999, sits on slightly more than a quarter of an acre in a gated community. Among features are an office/library, five fireplaces, balconies, five bedrooms, a bonus room and six bathrooms. There is a spa, an outdoor fireplace and a barbecue center. The house is one of three the Bryants own in Newport Coast.
August 6, 2012 |
LONDON -- It's not often Gabrielle Douglas competes in gymnastics and expects to lose. But Monday, the 16-year-old Douglas, who has already won the all-around and team gold medals, was a little slow with her swings, a little low with her pirouettes, and she finished eighth among the eight qualifiers in the uneven bars event final. Sam Mikulak, 19, of Newport Coast, finished fifth in the men's vault. Yang Hak Seon became the first Korean gymnast to win a gold medal when he triumphed in that event.