Beverly Hills

Beverly Hills


Beverly Hills Rodeo

Beverly Hills is synonymous with glamour, fame and riches and yet it has a distinctive small town feel where you can walk on the streets, do your shopping and meet or run into your friends at a local café. The city has perpetuated this community feeling by expanding the sidewalks, creating more outdoor dining, building additional public parking and rezoning certain sections for mixed use (retail and residential) buildings.

While there are several traditional luxury hotels, the Montage, has garnered praise for its multi-million dollars residences, lovely garden plaza and French Laundry’s Bouchon Bistro. TheWaldorf Astoria, which opened in 2017, has wowed visitors and locals alike, with the views from its rooftop pool, lounge area and restaurant. Its main level Jean Georges restaurant offers a tasting menu that is simply divine. Development of the Robinsons May site is hotly anticipated.. In addition the City has smaller intimate hip hotels that have become favorite destinations for many visitors.

Although Beverly Hills is famous for its showcase high-end boutiques along Rodeo Dr., other trendy more accessible retail chains and restaurants are attracting even more shoppers to the area. Amid these well-known shops are friendly restaurants and more established eateries. Perennial favorites are Nate N Al’s, Celestine Drago’s Il Pastio and Wolfgang Puck´s Spagos on Canon, Lawry´s and Matsuhisa on La Cienega’s Restaurant Row and Freida’s on South Beverly Dr. Since the iconic Palm opened on Canon it is the ultimate venue for Power Lunches. Recently the star studded Madeo’s took up residence in Beverly Hills during the re-development of its long held West Hollywood location.

Beverly Hills serves as a host for a variety of events including the Golden Globe Awards, fashion debuts, art fairs, car shows, as well as political and charitable fundraisers. The city supports its cultural activities through venues like the Annenberg Center of the Performing Arts , the Saban Theatre and the Museum of Radio and Television. With prominent entertainment agencies such as William Morris in Beverly Hills and CAA and ICM in near-by Century City industry news is often a topic of conversation.

The community is dedicated and takes pride in its educational system which plays a key role in the demand for homes here.

Every Sunday the open market sells fresh flowers, fruit, vegetables and other delectable treats. The Maple Counseling Center offers low cost counseling, educational programs and support. The public library is a state of the art facility. Policemen and Firemen are highly visible on the streets and are ranked among the best for their rapid response times and helpful friendly demeanors. With all that Beverly Hills has to offer it is no wonder that it appeals to investors from all over the globe.

The residential sections of Beverly Hills are commonly referred to by the following designations: The Flats, North of Sunset, Wilshire to Burton Way, North of Burton Way, South of Wilshire, South of Olympic, Beverly Hills East and Trousdale Estates.

The Flats is situated between Santa Monica Blvd and Sunset Blvd and Doheny Dr. to Whittier Dr. Going from south to north it encompasses the 500, 600, 700, and (in many cases) the 800 blocks. As the block numbers rise, so do the standard lot sizes. Providing a quick walk into the center of town The Flats is the most sought after Beverly Hills location.

North of Sunset , however, with legendary mansions on huge lots has retained its cachet as the ultimate Beverly Hills address.

Wilshire to Burton Way refers to the area east of Crescent Dr. to Robertson Blvd. It is a convenient location near schools, shops, and markets.

North of Burton Way is between Burton Way to Beverly Blvd. to Civic Center Way. Apartments, condos and a handful of commercial buildings, like a Mercedes dealership and AOL, make this area an example of side by side commercial and residential living. The demand for luxury living has been fueling the construction of new condo projects here.

South of Wilshire has been transitioning from modest one story homes to more elaborate two stories. It remains an appealing neighborhood for families with school aged children. Offering condos as well as apartments buyers who want to be within walking distance of the office buildings, hotels, restaurants and stores along Wilshire Blvd, Rodeo Dr. and surrounding streets known as the Golden Triangle prefer this area.

South of Olympic is the southern most point of Beverly Hills with a mix of homes, duplexes, condos and apartments. On its western edge is the ever popular Roxbury Park.

Beverly Hills East stretches from Robertson Blvd. to the eastern boundary of the city. Populated by single family residences, condos and apartments, in the past few years it has emerged as the place to find full service luxury apartment living, like Blu Beverly Hills and 8500 Burton Way. Once the Metro to Beverly Hills is finished other developments along Wilshire Blvd are expected to stimulate foot traffic and a greater sense of community in the area.

Trousdale Estates is at the eastern most edge of Beverly Hills, north of Sunset Blvd, close to the Sunset Strip. Because the homes are terraced, on above the other, many with outstanding city views, the area has attracted developers en masse. Properties have been combined; each newly constructed residence with the latest amenities, eye-popping views, in-door, out-door living, glamorized to the max.

Market Stats for Beverly Hills

by Price Range

General Stats

Highest Price Listing

$135,000,000

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Average Listing Price

$10,067,940

Total Market Listings

165

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Average Price Per Sq Ft

$2,210