Living in Beverly Hills
Anyone considering a move to Beverly Hills must have a passion for the finer things in life. With arguably the most famous 90210 zip code on the planet, it’s a coveted area with luxury home values in the millions. But you get what you pay for in Beverly Hills – the neighborhood, real estate and school systems are all top-notch.
The 90210 zip code makes up one-third of what is known as the “Platinum Triangle” – Beverly Hills, Bel Air and Holmby Hills – the 3 wealthiest neighborhoods in the United States. In total the area has a population of about 34,000 and covers 5.7 square miles. Beverly Hills itself is nestled in the foothills of the Santa Monica Mountains, and is only minutes from famous attractions such as Rodeo Drive, the Hollywood Walk of Fame, Venice Beach, the Santa Monica Pier and more!
Homes & Mansions in this area are large and luxurious. Lots are spacious with sweeping drives behind private gates that offer solitude in the middle of a bustling community. The neighborhood is right in the heart of Los Angeles, yet it manages to feel both prestigious and communal at the same time. The streets are tree-lined and quiet but offer convenient access to the best in luxury shopping, restaurants and nightlife!
The average cost of a luxury home in Beverly Hills was right around $3 million in early 2016. In terms of construction, there is a quite a cosmopolitan mix that ranges from Spanish and Mediterranean-style villas to ultra-modern architecture. Most homes are single-family dwellings, but there is a nice mix of condos and high-end apartments, Mansions for those who desire that type of space.
Beverly Hills Unified is the school district serving the area, with an annual enrollment of about 4200 students and a student-teacher ratio of about 17-1. That’s much less than the state average of 25-1, lending credence to the district reputation for high standards and academic excellence. There are 4 elementary schools, 1 high school and 1 alternative school.
According to Niche.com, a site that offers statistical insight into the demographics of neighborhoods and school systems, Beverly Hills Unified school district has an overall “A” grade in terms of test scores and graduation rates, and ranks 23rd overall in the state of California. SAT and ACT scores are consistently higher than the national average, and the percentage of students taking Advanced Placement courses hovers around 51 percent.
It’s all about location, location, location if you are interested in Beverly Hills! In addition to the assumed prestige, it’s a combination of the neighborhood amenities, high-end homes and robust school system that makes the area a desirable place to live. It’s centrally located to much of Los Angeles and rich in culture, real estate and experiences – just what you’d expect from one of the most famous places in the country!
Beverly Hills Luxury Homes
Beverly Hills is a place where dreams come true. If you’ve ever wanted to know what it was like to live in complete and total luxury, then this is the community you will want to call home. You will be neighbors with the stars, and have access to all of the finest shopping, dining and entertainment that the world has to offer. With its sprawling mansions and gorgeous neighborhoods, Beverly Hills Post Office is truly like no place else.
Beverly Hills Homes for Sale
Many of the properties for sale in Beverly Hills are more akin to palaces than they are to homes. These luxury homes are the best of the best, including sprawling estates, perfectly manicured grounds and amenities that some people can’t find in the most exclusive hotels in the world. While you are searching for Luxury Beverly Hills homes for sale, you will discover features such as resort-style pools, gourmet kitchens, balconies that offer gorgeous vistas of the region, and spa-style master suites. Anything you have ever dreamed of within a home can be found in the listings in Beverly Hills.
Real Estate Trends in Beverly Hills
During the last year, the real estate market in Beverly Hills has grown significantly. Property values continue to increase, proving that investing in real estate in this city is a sound financial decision as well as an ideal personal choice. Since 2015, property values have increased by more than 19 percent. The median sales price of a home in Beverly Hills is about $2.4 million, with the most elite homes in the area selling for millions more than that. As the value continues to increase and demand continues to rise, now is the perfect time to begin your search of luxury homes in Beverly Hills.
Located just outside of Hollywood, the entertainment industry and luxury visitors largely drive the economy in this region. Live Nation Entertainment is the sole Fortune 500 company based out of Beverly Hills, and the top employer in the community is The Beverly Hilton. People who reside in Beverly Hills often commute to the surrounding areas for work.
Schools in Beverly Hills
People who choose to invest in Beverly Hills real estate are pleased to know that a top-rated school district services the community. The Beverly Hills Unified School District is the public school system that provides local students with an education. There are four elementary schools as well as two high schools in the district. In addition, there are many elite private schools in Beverly Hills for parents who choose this alternative option for their children.
In Beverly Hills, beauty and grandeur reign supreme. Luxury is the standard in this elite community, and it may feel like the type of place that you can only reach in your imagination. But the fact remains, living in a luxury home in this exclusive region could be a reality for you. To find out more information about the Beverly Hills homes for sale and the luxury homes that are currently on the market, contact Luis Pezzini. We’re the luxury homes experts in Beverly Hills, and we want to find the perfect property for you.
Beverly Hills the ultimate place to live
Though only six square miles in area, Beverly Hills is the ultimate in a relaxed, luxurious lifestyle. This playground for those fortunate enough to live there offers an abundance of shopping and dining opportunities. The absence of billboards, visible telephone wires or other visual clutter creates an idyllic atmosphere. While the city has had periods of great growth, this has slowed in recent years to create a special environment for residents. The 34,000 people who call this city home have adopted a tradition of honoring the past while looking toward the future.
Will Rogers, the first mayor, was instrumental in establishing the city’s infrastructure. But it was Douglas Fairbanks and Mary Pickford who, after establishing their home Pickfair, started the influx of many other movie stars such as Gloria Swanson, Charlie Chaplin, Clara Bow, Buster Keaton and Rudolph Valentino. As each movie star built stylish mansions and the movie industry grew, Beverly Hills became a mythical city that millions dreamt of.
Prior the region’s discovery by the movie industry, this area was highly prized for its most important resource: water. Streams from three different canyons converge to create a place that was very valuable to the early Native Americans and European settlers. Despite this, in 1923, there was a movement to annex Beverly Hills by Los Angeles. Advocates wanted access to Los Angeles’ water supply. Will Rogers and Mary Pickford, amongst others, led a campaign against this effort out of a desire to preserve this unique community.
During the post-World War II boom, the “golden triangle” with Rodeo Drive at its center became known worldwide as the epitome of shopping and dining experiences. Today, you can have your hair done by Jennifer Anniston’s hairdresser, Michael Canale, shop at the House of Bijan (reputed to be the most expensive shop in America) and dine at Wolfgang Puck’s Spag
Beverly Hills has been a special place for many people throughout its long colorful history for a variety of different reasons. Community members have worked throughout the city’s history to ensure that their one of a kind community continues to thrive.
Homes for Sale in Beverly Hills
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(all data current as of 1/13/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.