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- The SBRBN Newsletter | JUNE 14th
The SBRBN Newsletter | JUNE 14th
Rent Prices In Los Angeles Are down!
TOGETHER WITH
Good morning. “Surround yourself with positive energy and watch your life transform.” — Tony Robbins
WELCOME TO LOS ANGELES
INTO THE WEEKEND
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6ba00971-fe64-4154-b1f3-64e1dcfb7fdb/819__1_.png?t=1702584096)
Events & Discounts Coming Up
🗣️LA FUNCTION | TICKETS
💃 A Great Day In South LA | TICKETS
💃🏼 Pre-Game Los Angeles | TICKETS
🎡 Boston In LA | TICKETS
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Hitting For $200K On PrizePicks Ft. AD
On our latest SBRBN PODCAST Episode Rapper & Podcaster AD Dropped by the show. They talked Faith, The Ken & Friends Pop Out, Creating A Media Company AD's Inspirations & More.
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TOGETHER WITH LA FUNCTION
LA FUNCTION is back this weekend in Los Angeles! Get ready for LA Function, a vibrant music, art, dance, and food festival celebrating LA's culture! The City will be outside this Saturday from 2pm-8pm at Academy LA as we all honor Big Boy's 30 years in radio with a special celebration.
Per usual they’re bringing out the top DJs and special guest performances. Savor the flavors of LA's food scene with our curated food festival grounds. Come dressed in your trendy attire and enjoy a day of love, music, and celebration! Tickets start at $15 (early arrival) to $50 (VIP skip the line). Email [email protected] for table reservations and more info. Don't miss out on the fun - GET YOUR TICKETS now!
DO YOU KNOW LA?
Today’s Quiz ( ANSWER AT THE END )
What is the name of the famous Los Angeles boulevard that is home to the Walk of Fame, the Dolby Theatre (home of the Academy Awards), and many other iconic Hollywood landmarks?
A) Sunset Boulevard
B) Santa Monica Boulevard
C) Rodeo Drive
D) Hollywood Boulevard
CELEBRITY RESTAURANTS FOR THE WEEKEND
Foodies! If you're lookin' to ball out and treat yourself to a fancy schmancy meal in LA, we got you. Here are the top 5 fanciest restaurants in the city, where the rich and famous come to play.
Vespertine
This futuristic eatery is servin' up avant-garde cuisine that's almost too pretty to eat. Almost. With a focus on seasonal ingredients and a sick architectural design, Vespertine is the spot for a fancy night out.
Address: 222 South Hope Street, Los Angeles, CA 90012
Spago Beverly Hills
Wolfgang Puck's flagship restaurant is still killin' the game with its upscale Cali cuisine and A-list clientele. Whether you're a celeb or just feel like one, Spago's got you covered.
Address: 270 N Canon Dr, Beverly Hills, CA 90210
Providence
This two-Michelin-starred seafood spot is servin' up fresh, sustainable eats in a swanky setting. With a focus on seasonal seafood and a wine list that's on point, Providence is the spot for a fancy fish fix.
Address: 5955 Melrose Ave, Los Angeles, CA 90038
The NoMad
Located in the historic Giannini Building, The NoMad is servin' up upscale Cali cuisine with a focus on seasonal ingredients and creative cocktails. The swanky vibes and top-notch service make it a must-visit for fancy foodies.
Address: 649 S Olive St, Los Angeles, CA 90014
Mastro's Ocean Club
This high-end steakhouse is servin' up top-quality meats and seafood in a swanky setting that's straight fire. With a focus on exceptional service and a wine list that's on point, Mastro's is the spot for a fancy night out in BH.
Address: 9595 Wilshire Blvd, Beverly Hills, CA 90212
RENT PRICES DOWN 3%
In a welcome shift for tenants, rent prices in Los Angeles are finally starting to drop. According to recent reports, the median rent for a one-bedroom apartment in LA has decreased by 3% over the past year, with two-bedroom apartments seeing a similar decline. This marks the sharpest drop in rent prices of any major city in California.
What's Behind the Decline?
Experts attribute the decline to a surge in new housing options, including apartments and single-family homes, which has increased the supply of available rentals. Additionally, a decrease in demand, partly due to a population exodus from the city, has also contributed to the drop in prices.
A Trend That May Continue
As more housing projects are completed and the population continues to shift, rent prices in LA may continue to drop. This could be a welcome relief for tenants who have been struggling to afford the high costs of living in the city. However, it's worth noting that rent prices in LA are still higher than the national average, and it may take some time for prices to drop to more affordable levels.
Key Stats:
- Median rent for a one-bedroom apartment in LA: $1,872 per month
- Median rent for a two-bedroom apartment in LA: $2,388 per month
- 3% decrease in rent prices over the past year
- 7.1% decrease in rent prices in West Hollywood, 4.2% in Santa Monica, and 1.8% in San Clemente and Huntington Beach over the past year.
Quick Bites From Around The City
For more news like this: SBRBNLA.COM
DO YOU KNOW LA?
ANSWER: D) Hollywood Boulevard
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