Real Estate

Sales of existing single-family homes in California in April totaled 267,880, a decline of 4.7 percent from March and a drop of 36.1 percent year-over-year, according to a report. Statewide, the median home price last month was $815,340, up three percent from March and down 7.8 percent from April 2022, …

Montclair traded one of the last drive-in movie theaters in California for a major industrial project. The Mission and Ramona Business Park is being developed on at the northwest corner of Mission Boulevard and Ramona Avenue, the former location of the four-screen Mission Tiki Drive-In, which closed in January. Grading …

Twenty percent of California households could afford a median-priced home of $760,260 during the first quarter of this year, according to a report released May 16. That was a three percent increase from the fourth quarter of 2022, but a 24 percent decline compared with the first quarter of 2022, …

A neighborhood shopping center in Temecula has been sold for $27.7 million. Meadows Village Center was purchased recently by RA Center, a Newport Beach-based investment group, according to a statement released by CBRE’s National Retail Partners-West. CBRE represented the seller, and affiliates of Fortress Investment Group LLC, a global investment …

A 3,600-square-foot property in Corona occupied by a Quick Quack Car Wash has been sold. The parcel at 850 N. Main St. was sold by a private developer to a private investor, both from Southern California, for $4.4 million, according to SRS Real Estate Partners’ National Net Lease Group in …

A store devoted exclusively to piercings and selling jewelry has opened in Riverside, the company’s second Inland Empire location. Laughing Buddha began operating May 8 at 1201 University Ave., in a 2,000-square-foot space formerly occupied by a hair salon, said owner Josh Durante. Six people work there, and more employees …