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Investors bought a historic Los Angeles home. Sisters who have lived there since childhood are fighting to stay

Paloma Esquivel, Los Angeles Times on

Published in Lifestyles

Padilla did not respond to requests for an interview. Representatives for NELA also did not return emails and phone calls requesting comment. The company bills itself on its website as a "family-run real estate and investment company dedicated to preserving and enhancing the many precious neighborhoods that make Los Angeles a special place to live, work and play."

Charles Fisher, a historian who prepared the application for the home's historic designation, said the company has been a good caretaker for historic homes in the past.

It "has got a fairly good track record in dealing with historic properties," he said. "They've bought houses and fixed them up properly."

He noted that the company had received an award from the Highland Park Heritage Trust for its work fixing and preserving two local homes.

In June 2022, shortly after the company purchased the home, Breard was given a three-day notice to "perform or quit." It said that she had "failed and refused to permit an appraiser or other workmen to enter the property" and gave her three days to do so or face eviction.

One month later, the property management company filed an eviction case against her in court, saying she had not complied with the notice.

 

Breard says she was never given the opportunity to comply. In November 2022, with the eviction pending, the home won the historic designation from the city over the new owner's objection.

In January, a jury ruled against Breard in the eviction case, setting the stage for sheriff's deputies to soon arrive and lock her out of the house.

Not long after, Breard saw a video posted to Facebook by the new owners, with the hashtag #realestateinvesting.

"Super excited to announce our first project for 2024," a man says, standing in front of the house, its pastel facade looking worn but stately.

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