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Los Angeles, Ca - Real Estate

Beverly Hills is a city found in Los County are more uniformly wealthy and can
Angeles County, CA. The city and boast of a higher household median income
neighboring West Hollywood are both than Beverly Hills. The city's average
completely surrounded by the city of Los household income, a bit more than 71,000
Angeles. The area's wealthiest dollars, is only 18,000 dollars greater
neighborhoods, comprising the most than the county average.
exclusive real estate in the nation, Currently, Beverly Hills has the most
include Beverly Hills and the expensive housing market in America, for
neighborhoods of Bel-Air and Holmby the second year in a row with a median
Hills. home cost of 2.21 million dollars.
One of the most well known features of The median household income for the city
Beverly Hills is the Sunset Strip, which was nearly 71,000, about average for an
is shared with nearby West Hollywood, on upper-middle class suburb and near to the
the famed Sunset Blvd. Other roads of median for the city of San Jose, situated
note include Wilshire Blvd and Santa in the same State. However, the median
Monica Blvd. Two of the shopping streets cost for an owner-occupied house is more
are Beverly Drive and Rodeo Drive. than one million dollars. The underlying
Coldwater Canyon Drive is the main road reason for this is the atypically large
connecting Beverly Hills to the San proportion of renters in the city. So
Fernando Valley. many renters live in Beverly Hills that
Everyone in Beverly Hills is not wealthy, persons who own homes are not the
as portrayed by Hollywood. Though some of majority. Renter-occupied homes comprise
the largest mansions in Los Angeles 56.6 percent of the city's residences and
County are within its area, they make up the median household income for these
only about 10 percent of the city. The housing units is a bit below 50,000
remaining residences include relatively dollars, just a bit above average for the
modest duplex rental units and detached entire nation. The median household
homes covering less than 3,000 square income for an owner-occupied housing unit
feet. A few areas within Los Angeles is 125,000 dollars.




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