Sixteen buyers of two or more lots accounted for at least 72 of the sales in Altadena and Pacific Palisades, a Southern California News Group analysis of county records and Redfin data show.
Single-lot buyers bought at least 129 parcels. The Southern California News Group was unable to identify the buyers of eight lots.
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Redfin shows there are about 305 other lots listed for sale, including 86 in Altadena, 190 in Pacific Palisades, 15 in Pasadena and 14 in Sunset Mesa.
Reports by real estate agents tracking lot sales put those numbers slightly higher, with 99 homes listed for sale in Altadena and 206 in Pacific Palisades.
Based on county records, here are the top lot buyers and the number of homesites they purchased:
- Black Lion Properties LLC of Los Angeles: 12
- Ocean Development Inc. of Huntington Beach: 11
- NP Altadena LLC of San Diego: 7
- Bloom Capital Investments of Glendale: 6
- Sheng Feng Global Inc. of Pasadena and Hacienda Heights: 6
- Alex Agazaryan of Burbank: 4
- Iron Rings Altadena LLC of Alpharetta, Ga.: 4
- Arcadia Trading Co. of Arcadia: 2
- Happy H&L LLC of San Marino: 2
- Jinyan & Riqiang Wu of Arcadia: 2
- Legacy Ventures Enterprises Inc. of Lake Havasu City, Az.: 2
- MLV Management LLC, a Nevada company: 2
- Tommy Tran Ly & Lan Nguyen of Escondido: 2
- Yiyang JL-USA Inc. of San Gabriel: 2
- Youwei Xia & Xidan Chen of Lake Forest: 2
- Ying Wang of Redwood City: 2