Thriving Bel Air Real Estate

Along with Beverly Hills and Holmby Hills, Bel Air is part of the Platinum Trianglean affluent trio of Los Angeles neighborhoods

. Bordered by Westwood, Sherman Oaks, Beverly Hills Post Office, and Brentwood, Bel Air is home to many celebrities.

The thriving residential area of Bel Air sits on the western part of the city of Los Angeles, California. Known as a perfect yet quite challenging place for real estate Bel Air is not just popular because of its dazzling neighborhoods, but also because it is home to many people that we admire. Its famous residents included the former President Ronald Reagan and his wife, first lady Nancy Reagan, as well as renowned actor Elizabeth Taylor.

A Community of A-List Stars

Life in Bel Air is famous for its celebrity residents and luxury living. For investors who are looking for the ultimate in luxury real estate, Bel Air should make the top of their list. Aside from the people mentioned above, Bel Air is also a thriving community of Hollywood's elite, like Meg Ryan, Jennifer Lopez, Paris Hilton, Rihanna and more recently, Avril Lavigne. And if you think that these people arrived here looking for real estate bargains, then you definitely know nothing about this neighborhood. Mansions here cost a fortune, ranging between $5 to $15 million. In fact, its well known that Michael Jackson once leased a mansion for $100,000 a month.

Bel Air Convenience and Safety

If you are looking for accessibility, convenience and safety Bel Air is also a great choice; the Los Angeles Police and Fire departments have their own precincts in Bel Airs vicinity. There are several entrances to the neighborhood, the two main ones are found on the east gate (at the Sunset Boulevard and Beverly Glen) and the west gate (across Bellagio Road and opposite one of UCLA's entrances). Bel Air is mostly residential; the northern portion's Mulholland Drive is probably the only place where you will find some commercial districts. This offers great investment opportunities, where one can make profit.

Houses in the southern portions of Bel Air consist mainly of mansions, which attract many affluent families. Magnificent palaces adorned with beautifully trimmed lawns; lush green gardens surrounding residence; swimming pools and Jacuzzis are just some of the typical images people have of Bel Air mansions. It is no wonder why so many of the rich and powerful are drawn to this "Eden-like" place; the neighborhood is simply irresistible.

A typical Bel Air lot could cost anywhere from $150,000 to $25 million, depending on the size and the location. The next best thing you can do if you want to find Bel Air real estate is to lease it, which could cost anywhere from $20,000 to $100,000 a month. A good way of finding a property that would be a value for your money is to get in touch with Bel Air agents, especially those who specialize in dealing with the Platinum Triangle, the area where Bel Air is located.

by: Myra Nourmand

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