Tag Archives: Gil Garcetti

Eric Garcetti And His Wife Amy Wakeland Own Three Rental Properties Between Them — One Commercial In The City Of Beverly Hills — And Two Residential In The City Of Los Angeles — But Even More Interesting Than That Is Garcetti’s Shares In Two Real-Estate-Owning Limited Partnerships — Formed Decades Ago By Zillionaire Gil Garcetti Crony Edward Zolla — And Now Controlled By His Widow Susan Zolla — Both Of Whom Have Been Major Donors To Eric Garcetti’s Campaigns — And Apparently Also To His Personal Wealth By Allowing Him To Partner Up With Them In A Hotel And An Apartment Building

I recently wrote on the fact that at least seven members of the Los Angeles City Council are landlords, which may well have something to do with their reluctance to implement serious and effective protections for vulnerable tenants during the pandemic.1 And in the last few days tenants’ rights activists have organized two demonstrations at the home of Los Angeles Mayor Eric Garcetti to protest his failure to implement a blanket eviction ban and rent forgiveness during the pandemic.2

So it didn’t really surprise me that much to learn that Garcetti is also a landlord. But I was surprised by the layered complexity of his real estate holdings, at least as compared to the fairly straightforward setups the Councilmembers have.3 It all starts, of course, with his Form 700, which lists three properties on Schedule B.4 One of these is a commercial building in the City of Beverly Hills5 but the other two are residential rentals in the City of Los Angeles.

First up we have 1299 Meadowbrook Avenue, which consists of three units,6 bought by Garcetti and his wife, Amy Wakeland, in 2016 as reported in the Los Angeles Times. On August 8, 2018 Garcetti and Wakeland formed the 1299 Meadowbrook LLC and then a few days later signed over the property to that entity as recorded in this grant deed.7 According to the Times article in 2016 the main house was listed at $5K per month and the two apartments at at least $2K each.8

The next property listed is 1809 W. 37th Place, which is a duplex near Exposition and Western. This is listed as Amy Wakeland’s sole property, which is consistent with the grant deed, on which Garcetti’s name does not appear. She bought the property on July 10, 2018 and, I guess to be extra-safe, that same day Garcetti filed a transfer deed assigning his rights in the property to Wakeland.9

And then things get really interesting! On Schedule A-1 of his Form 700, which covers “Stocks, Bonds, and Other Interests,” Garcetti lists a couple of limited partnerships, which are IPDR Associates and Del Rey Vista Associates. Later, on Schedule C,10 it turns out that IPDR owns a hotel at 435 Culver Blvd and Del Rey owns an apartment building at 11519 Culver. These two corporate entities were formed decades ago by zillionaire real estate developer Edward Zolla and are now owned11 by his widow, Susan Zolla.12
Continue reading Eric Garcetti And His Wife Amy Wakeland Own Three Rental Properties Between Them — One Commercial In The City Of Beverly Hills — And Two Residential In The City Of Los Angeles — But Even More Interesting Than That Is Garcetti’s Shares In Two Real-Estate-Owning Limited Partnerships — Formed Decades Ago By Zillionaire Gil Garcetti Crony Edward Zolla — And Now Controlled By His Widow Susan Zolla — Both Of Whom Have Been Major Donors To Eric Garcetti’s Campaigns — And Apparently Also To His Personal Wealth By Allowing Him To Partner Up With Them In A Hotel And An Apartment Building

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30 Year Police Veteran Longs for the Good Old Days of Beating, Killing, Perjury, Free Cocaine, Doing the Job Without Being Undermined by Governments, Second-Guessed by Whiny Baby Liberals

We didn't catch this guy's name, but we sure did catch his white privilege rage rant...
We didn’t catch this guy’s name, but we sure did catch his white privilege boo-hoo-hoo swelling violins rage rant pity party nostalgia speech…
We’ve written before about the cataclysmic flood of white privilege rage rants unleashed by Fabio Conti’s cri de coeur for the BID Patrol to stop coddling the homeless and start, we don’t know, killing them or whatever it takes to get them out of Hollywood, and the present post concerns yet another boulder in that avalanche of angst. We’re going to comment on the unnamed white privilege rage ranter’s rant (you can see the fellow’s picture somewhere in the vicinity of this sentence) one line at a time. You can read his whole speech after the break and watch it here if you’re so inclined.

…our effort to clean up the neighborhood is kinda like salmon swimming upstream.

No. First of all, salmon swimming upstream are beautiful, delicious, and nutritious. You people in the BID are none of these things. Second, you’re not trying to “clean up the neighborhood,” you’re trying to ethnically cleanse the neighborhood.

Salmon swimming upstream are beautiful, nutritious, and delicious.  The BID Patrol is none of these things, izzit?
Salmon swimming upstream are beautiful, nutritious, and delicious. The BID Patrol is none of these things, innit?
One is at least plausibly laudable. The other is a violation of the United Nations Convention on the Prevention and Punishment of the Crime of Genocide. Also, your metaphor is deeply flawed. Salmon like swimming upstream. It’s what they’re born to do. It’s the crowning glory of their lives. They surely, if they could speak, wouldn’t be whining about it.

You know, we have the state and the city working against us by allowing people to sleep on the sidewalk, you know, all night long, because it’s the humane thing to do.

No. The state and the city are not allowing anyone to sleep on the sidewalk because it’s humane. The state doesn’t have the first thing to do with municipal laws and the city has been FORCED by the United States Court of Appeals for the Ninth Circuit in its landmark decision Jones v. City of Los Angeles, where it found that the city’s law against sitting on the sidewalk, LAMC 41.18(d), violates the Eighth Amendment to the United States Constitution. That is, it’s the Constitution of the United States that allows people to sleep on the sidewalk, Mr. Unnamed white privilege rage ranter. The city of Los Angeles fought this case every step of the way, and Charlie Beck and presumably other city officials can’t wait to start enforcing it again as soon as the terms of the settlement are met. By the way, your use of the word humane here is infelicitous; as Albert Einstein once said,1 sarcasm is the language of the Devil. Note that we’re skipping some of the technicalities of the Jones case here, but the simplified outline is true enough.
Continue reading 30 Year Police Veteran Longs for the Good Old Days of Beating, Killing, Perjury, Free Cocaine, Doing the Job Without Being Undermined by Governments, Second-Guessed by Whiny Baby Liberals

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