This deal with denotes a selected property situated inside the metropolis of Glendale, California. It makes use of a typical deal with format, incorporating a constructing quantity, avenue route, avenue title, metropolis, and state abbreviation. Such exact location identifiers are important for postal companies, navigation programs, and property data.
Correct and standardized addresses play an important position in varied features of contemporary life. They facilitate environment friendly mail supply, allow emergency companies to find people rapidly, and are basic for property possession and taxation. Traditionally, the event of structured addressing programs was essential for the expansion of cities and commerce, permitting for organized infrastructure and communication. This particular location, inside a vibrant metropolis like Glendale, probably advantages from established infrastructure and entry to native facilities and companies.
Understanding the parts and significance of an deal with like this offers a basis for additional exploration of property particulars, neighborhood traits, and the broader city context. This info might be leveraged for varied functions, together with actual property evaluation, market analysis, and concrete planning initiatives.
1. Property Location
Property location is the defining attribute of a selected parcel of actual property, differentiating it from all others. It establishes the property’s geographic coordinates inside an outlined area, metropolis, and neighborhood. Within the case of 121 West Lexington Drive, Glendale, CA, the property location pinpoints a exact plot inside the metropolis of Glendale, located inside Los Angeles County. This exact location influences quite a few elements related to the property.
The property location dictates entry to native facilities akin to faculties, parks, transportation, and industrial facilities. Proximity to fascinating facilities can considerably affect property worth. Moreover, the placement determines the relevant zoning laws, influencing permitted land use and improvement potential. For instance, a property situated in a residential zone could have restrictions on industrial actions. Equally, location dictates relevant property taxes and entry to municipal companies like waste disposal and emergency response. The placement additionally performs a job in defining the neighborhood character and influencing the general desirability and market worth of the property.
Understanding property location is essential for actual property transactions, city planning, and market evaluation. It offers a basic framework for assessing a property’s worth, potential, and suitability for particular functions. The exact coordinates supplied by an deal with like 121 West Lexington Drive, Glendale, CA, allow correct identification and evaluation of a selected property, permitting for knowledgeable decision-making associated to actual property funding, improvement, and concrete improvement initiatives. This granular stage of locational specificity is crucial for navigating the complexities of city landscapes and understanding the dynamics of the true property market.
2. Glendale, California
Glendale, California, serves because the geographic context for 121 West Lexington Drive. This relationship is key, as the town defines the executive, authorized, and social framework inside which the property exists. Glendale’s municipal code, zoning laws, and property tax charges immediately impression the property. Moreover, the town’s infrastructure, together with roads, utilities, and public companies, shapes the livability and accessibility of the deal with. Glendale’s repute, financial situations, and native facilities additional contribute to the general worth and desirability of properties inside its boundaries. As an example, Glendale’s proximity to Los Angeles influences its actual property market and entry to employment alternatives. Town’s cultural points of interest, such because the Americana at Model, additionally contribute to its enchantment.
This connection highlights the significance of understanding the broader context when evaluating a selected property. Components akin to Glendale’s crime charges, faculty districts, and demographic developments can considerably affect the desirability of residing at 121 West Lexington Drive. Sensible purposes of this understanding embody actual property value determinations, market evaluation, and concrete planning. Analyzing crime statistics inside Glendale permits for a extra knowledgeable evaluation of security and safety on the particular deal with. Equally, understanding the standard of native faculties is essential for households contemplating buying a property within the space. Glendale’s total financial well being influences property values and potential for appreciation.
In abstract, the connection between Glendale, California, and 121 West Lexington Drive is inextricably linked. Town offers the overarching framework that shapes the traits and worth of the property. Contemplating this connection offers a deeper understanding of the property’s place inside the native market and its potential for future progress. Recognizing the interaction between a selected deal with and its surrounding metropolis permits for extra knowledgeable decision-making in actual property and associated fields. This understanding facilitates a extra complete evaluation of property worth, neighborhood dynamics, and the broader city context.
3. Residential Deal with
The designation “residential deal with” signifies a property’s supposed use as a dwelling, distinguishing it from industrial, industrial, or different property sorts. 121 West Lexington Drive, Glendale, CA, features as a residential deal with, implying its major function is to supply housing. This classification carries important implications for authorized, financial, and social features associated to the property. Zoning laws particularly relevant to residential areas govern permitted actions, constructing codes, and density restrictions. These laws goal to take care of the character of residential neighborhoods and defend the standard of life for residents. As an example, restrictions on industrial operations inside residential zones reduce noise and visitors disruption.
The classification as a residential deal with influences property valuation and taxation. Residential properties are assessed and taxed otherwise in comparison with industrial or industrial properties. Mortgage choices and rates of interest additionally fluctuate relying on whether or not a property is assessed as residential. Moreover, the residential designation impacts insurance coverage insurance policies, utility charges, and entry to particular municipal companies like waste assortment and avenue cleansing. For instance, residential properties usually have completely different waste disposal schedules and laws in comparison with companies. The provision of public transportation, proximity to varsities and parks, and the prevalence of single-family houses versus multi-unit dwellings are all related elements within the context of a residential deal with. These elements affect the desirability and market worth of a residential property.
Understanding the implications of a “residential deal with” designation offers essential context for analyzing property knowledge and making knowledgeable choices associated to actual property. This classification clarifies the supposed use and authorized framework governing the property at 121 West Lexington Drive, Glendale, CA. This understanding is crucial for actual property transactions, city planning, and market evaluation, facilitating a complete analysis of properties and their surrounding environments. Recognizing the excellence between residential and different property sorts offers worthwhile perception into the complexities of city improvement and the dynamics of the true property market.
4. Navigation Coordinates
Navigation coordinates present a exact digital illustration of a bodily location on Earth. These coordinates, usually expressed as latitude and longitude, are important for contemporary navigation programs, mapping purposes, and location-based companies. For a selected deal with like 121 West Lexington Drive, Glendale, CA, the related navigation coordinates enable digital programs to pinpoint its actual place on the globe. This connection between a bodily deal with and its digital illustration facilitates varied functionalities, together with route planning, geospatial evaluation, and asset monitoring.
The provision of navigation coordinates for 121 West Lexington Drive allows environment friendly routing and navigation. Mapping purposes make the most of these coordinates to calculate optimum routes, estimate journey instances, and supply turn-by-turn instructions. Emergency companies depend on exact location knowledge to reply successfully to incidents. Supply companies make the most of navigation coordinates to optimize supply routes and monitor packages. Moreover, these coordinates play an important position in actual property purposes, permitting potential consumers to find properties simply and visualize their environment. Geospatial evaluation instruments use navigation coordinates to research demographic knowledge, assess market developments, and conduct environmental research.
In conclusion, navigation coordinates are an integral part of contemporary addressing programs. They bridge the hole between the bodily world and the digital realm, enabling exact location identification and facilitating a variety of location-based companies. For 121 West Lexington Drive, Glendale, CA, the related navigation coordinates are essential for navigation, mapping, emergency response, and varied different purposes. This understanding highlights the significance of correct and standardized deal with knowledge in immediately’s interconnected world.
5. Property Worth
Property worth, representing the financial price of a selected actual property parcel, is intrinsically linked to the deal with 121 West Lexington Drive, Glendale, CA. This worth displays the interplay of varied market forces, property traits, and locational elements. Understanding these influences offers essential perception into the property’s present market place and potential for future appreciation or depreciation.
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Location and Market Circumstances
Location performs a dominant position in figuring out property worth. 121 West Lexington Drive’s location inside Glendale, CA, topics it to the town’s particular market dynamics. Components like native financial situations, employment alternatives, and demographic developments affect demand and subsequently, property values. A thriving native economic system usually interprets to increased property values, whereas financial downturns can exert downward strain.
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Property Traits
Bodily attributes of the property itself contribute considerably to its worth. These embody the dimensions of the lot, the sq. footage of the constructing, the variety of bedrooms and loos, the age and situation of the construction, and any current renovations or upgrades. For 121 West Lexington Drive, these traits are important knowledge factors for correct valuation. A bigger, well-maintained property with fascinating options will usually command the next value in comparison with a smaller, older property requiring important repairs.
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Comparable Gross sales
Current gross sales of comparable properties in the identical neighborhood present worthwhile benchmarks for estimating the worth of 121 West Lexington Drive. These “comps” supply real-world market knowledge, reflecting precise transaction costs for properties with comparable traits and areas. Analyzing these gross sales helps set up a practical market worth vary for the topic property. Variations in options or situation between the topic property and the comps are adjusted to refine the valuation estimate.
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Exterior Components
Exterior elements past the property itself can even affect its worth. These embody proximity to facilities like faculties, parks, and procuring facilities, in addition to entry to transportation and main highways. The standard of native faculties and the perceived security of the neighborhood additionally play a job. For 121 West Lexington Drive, these exterior elements contribute to its total desirability and might considerably impression its market worth. A property situated in a fascinating neighborhood with good faculties and handy entry to facilities will probably command a premium value.
These interconnected elements contribute to a complete understanding of property worth for 121 West Lexington Drive, Glendale, CA. Analyzing these components permits for a extra correct evaluation of the property’s present market price and its potential for future appreciation. This understanding is essential for actual property transactions, funding choices, and market evaluation.
6. Neighborhood Context
Neighborhood context considerably influences the character and worth of a property. For 121 West Lexington Drive, Glendale, CA, understanding the encircling neighborhood offers essential insights into its desirability, market place, and potential for future appreciation. The neighborhood encompasses the speedy neighborhood of the property, influencing elements akin to accessibility, security, and entry to native facilities.
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Security and Safety
Neighborhood security immediately impacts the standard of life and perceived worth of a property. Crime charges, police presence, and neighborhood security initiatives are vital elements to think about. A secure and safe neighborhood contributes positively to property values, whereas areas perceived as high-crime can expertise depressed values. Data on crime statistics and neighborhood security applications within the neighborhood of 121 West Lexington Drive offers worthwhile context for potential residents or buyers.
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Native Facilities and Providers
Entry to native facilities and companies considerably influences a property’s desirability. Proximity to varsities, parks, procuring facilities, eating places, and healthcare amenities enhances comfort and high quality of life. The presence of high-performing faculties inside the neighborhood generally is a main draw for households. Easy accessibility to important companies and leisure alternatives contributes positively to property values and attracts potential consumers or renters. Evaluating the provision and high quality of facilities close to 121 West Lexington Drive offers important insights into its enchantment and market place.
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Property Values and Market Developments
Neighborhood property values and market developments present a benchmark for assessing the worth and potential appreciation of a selected property. Analyzing current gross sales knowledge for comparable properties inside the neighborhood provides insights into present market situations and potential future progress. Components like median residence costs, common days on market, and stock ranges contribute to a complete understanding of the native actual property market. Inspecting property values and market developments within the neighborhood surrounding 121 West Lexington Drive helps contextualize its present market worth and assess its potential for appreciation or depreciation.
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Neighborhood Character and Aesthetics
The general character and aesthetics of a neighborhood contribute to its enchantment and desirability. Components akin to architectural types, landscaping, avenue upkeep, and the presence of neighborhood areas affect the general ambiance. A well-maintained and visually interesting neighborhood can improve property values and appeal to residents looking for a selected life-style. Evaluating the neighborhood’s character and aesthetics within the neighborhood of 121 West Lexington Drive offers insights into its total enchantment and potential match for particular preferences.
These interconnected aspects of neighborhood context contribute considerably to the general desirability and worth of a property. For 121 West Lexington Drive, Glendale, CA, understanding these components offers essential context for potential residents, buyers, or anybody concerned with analyzing its place inside the native actual property market. A complete evaluation of the neighborhood’s traits permits for a extra knowledgeable understanding of the property’s potential and its integration inside the broader neighborhood.
7. Municipal Providers
Municipal companies are important parts of city infrastructure and governance, immediately impacting the standard of life and property values inside a metropolis. These companies, supplied by the native authorities, embody varied features essential for the well-being and performance of a neighborhood. For a selected property like 121 West Lexington Drive, Glendale, CA, the provision and high quality of municipal companies are key elements influencing its desirability and market worth. Understanding these companies offers essential context for evaluating a property’s place inside the broader city setting.
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Waste Administration and Recycling
Environment friendly waste administration and recycling companies are basic for sustaining public well being and environmental sustainability. These companies usually embody common trash assortment, curbside recycling applications, and designated drop-off facilities for cumbersome objects or hazardous waste. For 121 West Lexington Drive, the reliability and comprehensiveness of those companies contribute to the general comfort and cleanliness of the neighborhood. Efficient waste administration practices improve property values and contribute to a extra sustainable neighborhood.
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Water and Sewer Providers
Dependable water and sewer companies are important for primary sanitation and hygiene. Municipal water remedy crops guarantee the supply of unpolluted and secure consuming water to residents, whereas sewer programs handle wastewater disposal and remedy. For a property like 121 West Lexington Drive, entry to those companies is a basic requirement for habitability. The standard and effectivity of water and sewer infrastructure immediately impression public well being and the general performance of the property.
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Public Security and Emergency Providers
Public security and emergency companies, together with police and hearth departments, are essential for sustaining order and responding to emergencies. These companies present important safety and help to residents, safeguarding life and property. For 121 West Lexington Drive, the proximity and responsiveness of those companies improve the security and safety of the property and its occupants. Efficient public security measures contribute considerably to the general desirability and worth of a neighborhood.
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Road Upkeep and Infrastructure
Sustaining public infrastructure, together with streets, sidewalks, and avenue lighting, is crucial for guaranteeing secure and environment friendly transportation. Common avenue cleansing, pothole restore, and ample avenue lighting improve the accessibility and aesthetics of a neighborhood. For 121 West Lexington Drive, well-maintained streets and infrastructure enhance entry to the property, improve its curb enchantment, and contribute to a extra purposeful and aesthetically pleasing setting.
These municipal companies collectively contribute to the general performance, livability, and worth of a property like 121 West Lexington Drive, Glendale, CA. The standard and reliability of those companies affect property values, neighborhood desirability, and the general high quality of life for residents. Understanding the scope and effectiveness of municipal companies offers worthwhile context for evaluating a property’s place inside the broader city setting and its potential for future appreciation.
8. Zoning Rules
Zoning laws, applied by the Metropolis of Glendale, dictate permitted land makes use of and constructing specs inside designated zones. These laws immediately impression 121 West Lexington Drive, Glendale, CA, by defining allowable actions on the property, constructing dimension and peak restrictions, and required setbacks. The property’s adherence to those laws ensures compatibility with the encircling neighborhood and maintains the general integrity of the neighborhood. For instance, zoning laws would possibly stipulate whether or not the property can be utilized for residential, industrial, or mixed-use functions. In addition they decide density restrictions, influencing the variety of dwelling models allowed on a given parcel of land. Non-compliance with zoning laws may end up in penalties, authorized motion, and difficulties in acquiring permits for renovations or additions.
The sensible implications of zoning laws are substantial. They have an effect on property values, improvement potential, and the general character of a neighborhood. As an example, a property zoned for residential use in a quiet neighborhood will probably have a distinct market worth in comparison with a equally sized property zoned for industrial use in a busy downtown space. Zoning laws additionally affect the provision of parking, inexperienced areas, and neighborhood facilities. Understanding the relevant zoning laws for 121 West Lexington Drive offers essential info for potential consumers, builders, and anybody concerned with understanding the permitted makes use of and limitations of the property. This data is crucial for making knowledgeable choices associated to actual property transactions, improvement initiatives, and neighborhood planning initiatives. For instance, builders contemplating a mission close to 121 West Lexington Drive should fastidiously analyze the zoning laws to make sure their proposed improvement aligns with permitted land makes use of and density restrictions.
In abstract, zoning laws are a vital part of city planning and land use administration, immediately impacting properties like 121 West Lexington Drive, Glendale, CA. These laws form the constructed setting, influencing property values, improvement potential, and the general character of neighborhoods. Comprehending the relevant zoning laws offers important insights for anybody concerned in actual property transactions, improvement initiatives, or city planning initiatives. This understanding facilitates knowledgeable decision-making and contributes to the sustainable improvement and harmonious coexistence of numerous land makes use of inside a neighborhood.
9. Actual Property Market
The true property market, a dynamic interaction of provide and demand for properties, exerts a major affect on particular person properties like 121 West Lexington Drive, Glendale, CA. Understanding this market context is essential for evaluating the property’s present worth, potential for appreciation, and total funding prospects. Market developments, native financial situations, and neighborhood dynamics all contribute to the property’s place inside the broader actual property panorama.
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Market Developments
Prevailing market developments, akin to rising or falling costs, stock ranges, and purchaser demand, immediately impression property values. A vendor’s market, characterised by excessive demand and low stock, can drive costs upward, whereas a purchaser’s market, with ample stock and decrease demand, can result in value reductions. Analyzing market developments in Glendale, CA offers essential context for understanding the present market situations affecting 121 West Lexington Drive. These developments inform pricing methods, negotiation techniques, and funding choices associated to the property.
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Native Financial Circumstances
Native financial situations, together with employment charges, enterprise progress, and total financial stability, affect the true property market. A robust native economic system usually generates increased demand for housing, driving property values upward. Conversely, financial downturns can result in decreased demand and probably decrease property values. The financial well being of Glendale, CA, immediately impacts the desirability and market worth of properties like 121 West Lexington Drive. Understanding native financial indicators offers worthwhile insights for assessing the property’s long-term funding potential.
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Neighborhood Comparables
Current gross sales of comparable properties in the identical neighborhood, also known as “comps,” present worthwhile benchmarks for evaluating a property’s market worth. Analyzing the sale costs, options, and situation of comparable properties within the neighborhood of 121 West Lexington Drive provides insights into its present market place. These comparisons assist decide an inexpensive pricing technique for the property and inform negotiations between consumers and sellers. Inspecting neighborhood comparables offers a data-driven strategy to assessing property worth and understanding market dynamics.
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Curiosity Charges and Financing
Prevailing rates of interest and financing choices play a major position in the true property market. Decrease rates of interest typically stimulate demand by making mortgages extra inexpensive, probably driving property values increased. Conversely, increased rates of interest can dampen demand and probably result in value changes. The provision of financing choices and lending situations additionally affect market exercise. Monitoring rate of interest developments and financing choices offers essential context for understanding market dynamics and their potential impression on the worth of 121 West Lexington Drive.
These interconnected elements inside the true property market collectively affect the worth and marketability of particular person properties. For 121 West Lexington Drive, Glendale, CA, understanding these market dynamics is essential for making knowledgeable choices associated to purchasing, promoting, or investing within the property. A complete evaluation of market developments, financial situations, and neighborhood comparables offers a strong basis for evaluating the property’s present market place and its potential for future appreciation.
Often Requested Questions
This part addresses widespread inquiries relating to the property situated at 121 West Lexington Drive, Glendale, CA. The knowledge supplied goals to supply readability and facilitate knowledgeable decision-making.
Query 1: What’s the present market worth of the property at 121 West Lexington Drive?
Property values fluctuate based mostly on market situations. Consulting a licensed actual property appraiser or reviewing current comparable gross sales within the space offers essentially the most correct evaluation.
Query 2: What are the relevant zoning laws for this deal with?
Zoning info is obtainable via the Metropolis of Glendale’s Planning Division. Contacting this division or accessing their on-line assets offers particular particulars relating to permitted land makes use of and constructing restrictions.
Query 3: What’s the proximity of the property to important facilities like faculties, parks, and procuring facilities?
Using on-line mapping instruments or consulting native actual property assets offers info relating to the proximity of varied facilities to the required deal with.
Query 4: What are the everyday property taxes for properties on this space?
Property tax info is obtainable via the Los Angeles County Assessor’s workplace. Contacting this workplace or accessing their on-line assets offers particular particulars relating to property taxes for the required deal with.
Query 5: What’s the neighborhood’s basic character surrounding 121 West Lexington Drive?
Exploring local people assets, neighborhood associations, and on-line boards provides insights into the neighborhood’s traits, demographics, and neighborhood actions.
Query 6: What are the obtainable transportation choices close to this location?
Public transportation info, together with bus routes and close by metro stations, is accessible via the Los Angeles County Metropolitan Transportation Authority’s web site. On-line mapping companies additionally present info on native transportation choices.
This info provides a place to begin for inquiries associated to 121 West Lexington Drive, Glendale, CA. Additional analysis and session with related professionals are advisable for complete due diligence.
The next part delves additional into particular features of the property and its surrounding setting.
Important Issues for Property Analysis
Thorough analysis is essential when evaluating a property. The next ideas present steerage for complete due diligence, relevant to any property, together with one situated at a selected deal with like 121 West Lexington Drive, Glendale, CA. These concerns facilitate knowledgeable decision-making and contribute to profitable actual property transactions.
Tip 1: Confirm Property Data
Validate particulars via official sources like county data and assessor’s places of work. Affirm authorized descriptions, possession historical past, and any current liens or encumbrances. Discrepancies can point out potential points requiring additional investigation.
Tip 2: Analyze Location Totally
Consider proximity to important facilities, transportation choices, and employment facilities. Think about neighborhood demographics, faculty districts, and crime statistics. Location considerably impacts property worth and high quality of life.
Tip 3: Assess Property Situation
Conduct a radical inspection to establish potential structural points, upkeep wants, and mandatory repairs. Interact certified professionals for inspections of plumbing, electrical programs, and HVAC models. Correct assessments inform price projections and negotiation methods.
Tip 4: Analysis Market Dynamics
Analyze present market developments, together with common sale costs, days on market, and stock ranges. Perceive native financial situations and their potential impression on property values. Market evaluation informs pricing methods and funding choices.
Tip 5: Evaluation Zoning Rules
Seek the advice of native planning departments to know relevant zoning laws, permitted land makes use of, and constructing restrictions. Zoning compliance ensures authorized use and influences improvement potential.
Tip 6: Consider Municipal Providers
Assess the standard and availability of important municipal companies, together with water, sewer, waste administration, and public security. Dependable companies contribute to high quality of life and property values.
Tip 7: Think about Future Growth
Analysis deliberate infrastructure initiatives, zoning modifications, and neighborhood improvement initiatives. Future developments can considerably impression property values and neighborhood traits.
Tip 8: Seek the advice of with Professionals
Interact actual property brokers, appraisers, inspectors, and authorized counsel for knowledgeable steerage. Skilled experience facilitates knowledgeable decision-making and minimizes potential dangers.
Diligent software of the following tips ensures a complete understanding of a property and its surrounding setting. Thorough analysis mitigates potential dangers and contributes to profitable actual property transactions.
The next conclusion synthesizes the important thing takeaways and offers ultimate suggestions.
121 West Lexington Drive, Glendale, CA
This exploration of 121 West Lexington Drive, Glendale, CA, has supplied a multifaceted perspective on the property, encompassing its location inside Glendale, its perform as a residential deal with, the importance of its exact navigation coordinates, its inherent property worth, the affect of its neighborhood context, the position of municipal companies, the impression of zoning laws, and its place inside the broader actual property market. Every of those components contributes to a complete understanding of the property’s traits, its market place, and its potential for future appreciation or depreciation. This detailed evaluation facilitates knowledgeable decision-making for potential consumers, buyers, or anybody looking for a radical understanding of this particular property.
Finally, the worth and desirability of a property derive from a fancy interaction of things. An intensive understanding of those elements, as outlined on this exploration of 121 West Lexington Drive, Glendale, CA, empowers people to make knowledgeable choices inside the dynamic actual property market. Additional analysis and session with related professionals are all the time advisable to make sure due diligence and profitable actual property transactions.
