subject: A Guide To Beverly Hills Real Estate [print this page] If you are in search of Beverly Hills real estate properties, there are plenty of homes on the market that are beautiful, luxurious and elite in this area. The Hills is just one area in Los Angeles County with multi million dollar real estate, and there are many realtors in the area who serve homebuyers who are interested in the most beautiful properties in the area. The areas wealthiest neighborhoods that together comprise the most exclusive real estate in the nation include Holmby Hills, Bel Air and Beverly Hills.
Sunset Strip is here in the area, which is shared with West Hollywood on Sunset Boulevard. Here you will also find some elite streets that have become part of American elite culture, including Rodeo Drive, Beverly Drive, Wilshire Boulevard and Santa Monica Boulevard. Coldwater Canyon Drive is the main road that connects Beverly Hills to the San Fernando Valley. Although some of the largest Beverly Hills homes are found in the area, they only make up about 10 percent of the citys area.
Even though the area seems to be well known for being a playground for the rich and famous, in reality the citys average household income is only $73,000 per year, which is only about $19,000 greater than the average of the entire county. However, the city has consistently claimed the title of having the most expensive real estate market in the country, with the average home costing just over 2.2 million dollars.
For the most part, this unique play of numbers in this real estate market is pretty much due to the large amount of people who rent Beverly Hills homes throughout the area. Those residents of the city who do own their own homes do not make up a majority of the population. The average income for a household that owns its real estate is just under $130,000 per year. If you are looking to buy real estate in Beverly Hills, you need to decide what type of property you are interested in purchasing, whether it is a single family home, an estate or even a horse farm.
The area is unique in the fact that some homes have views of the city, some have views of the ocean, and still others have views of the majestic mountains just beyond the area. The view you want to see every day as you look out your windows is only one of dozens of decisions you will have to consider making to make sure that you find one of the Beverly Hills real estate homes that is exactly what you have been looking for.
