Beverly Hills Real Estate
The zip code (90210) is world famous and with good reason. Beverly Hills is renowned for a level of luxury, style and sophistication that is unmatched anywhere in the world. Home to perhaps the most famous luxury shopping stretch in the world (Rodeo Drive) – the homes in Beverly Hills are among the most exclusive and expensive in the world.
It’s hard to find a home in Beverly Hills for under $3 million – and it’s even tricky under $5 million; but that doesn’t seem to bother the city’s residents, who insist on the very best that life has to offer. The region truly does have it all – quiet, gated communities nestled within the heart of a city that offers everything you could ever hope for. Beverly Hills is the definition of a cosmopolitan city.
Latest Listings in Beverly Hills, CA
Neighborhood At A Glance
Beverly Hills is situated between Beverly Crest, Beverly Grove, Beverlywood, Carthay, Century City, Cheviot Hills, Hollywood Hills West, Pico-Robertson, West Hollywood, and Westwood. It has a territory of about 6 square miles and 35,000 residents.
The median household income is $100,000 and the median home sale price is $1,300,000. The median value per square foot is over $540. This is about average for the westside of Los Angeles, but high for the county on the whole. As one might expect, the residents in Beverly Hills have exceedingly high incomes, with the percentage of households that earn more than $125,000 being very high for Los Angeles.
As one might expect, Beverly Hills residents, on average, are not that young. In fact, the average resident is somewhere between 35-49, and the total number of residents that are 50+ is among Los Angeles County's highest. The majority of Beverly Hills residents have households with 2 inhabitants and over 50% of the homes are rented.
As one might expect, Beverly Hills residents, on average, are not that young. In fact, the average resident in somewhere between 35-49 and the total number of residents that are 50+ is among Los Angeles County’s highest. The majority of Beverly Hills residents have households with 2 inhabitants and over 50% of the homes are rented.
Beverly Hills History
In 1769 Europeans came to the area of Beverly Hills lead by Gaspar de Portolà expedition. When New Spain became Mexico in 1821 so did the province of California. After the Treaty of Guadalupe Hidalgo, California became A U.S. state in 1850.
In the 20th century people were allowed to buy and build houses on the Beverly Hills territory. Rodeo Land and Water Company, with E. Green as head, bought the property, and hired the landscape architect W. D. Cook who was in charge of the Beverly Hills environment. Every year more and more people and investors came to the area to build their homes, hotels, and roads. Even famous people found this place appropriate to make it their home.
After 1912 when the Beverly Hills Hotel was built, Beverly Hills became the center of social life. By 1930s the population in Beverly Hills exceeded 17,000.
In the 1950s people started to build expensive estates in the hills above the city, and Beverly Hills became a center for shopping and fashion, and has remained so to this day.
In 1990 the beautiful Via Rodeo was opened, and it leads to the famous Rodeo Drive. Architect Charles Moore designed Beverly Hills Civic Center in 1992 . It combines a public library as well as police and fire departments with the City Hall.
If you’re looking to buy or sell a house in Beverly Hills, contact us now!