Simply put, the Southland market is putting the “hot” back into Hot Property. (Redfin | Carlos Chavez / Los Angeles Times)More reading— Here’s a little inspiration for those ready to embrace a smaller home footprint. Mayor Eric Garcetti paid $1.6 million for the investment property in the Mid-Wilshire area of Los Angeles. Other features of note include cedar beams and wood-paneled finishes salvaged from a convent in downtown Los Angeles. For more luxury real estate, visit us at the Hot Property blog and follow us on Twitter and Instagram.

Source: Los Angeles Times May 07, 2016 01:26 UTC