The most expensive neighborhoods in Southern California
Many families are looking for inexpensive real estate that fits into their budgets without breaking the bank. But what about people who want the best that Southern California has to offer, regardless of price? After all, Los Angeles is known for being home to some of the most luxurious and expensive real estate in the world.
Whether you're in the market for a mansion or you just want to look at some of the most stunning real estate in Los Angeles, you'll want to know which neighborhoods offer the most high-priced living in the area. Here are three places known for their affluent clientele.
It may seem cliche, but there's a reason this star-studded neighborhood is world-renowned for its luxury - the 90210 ZIP code is ranked as the fifth most expensive in the entire United States, according to Forbes.
Beverly Hills is also famous for its high-end shopping, including Rodeo Drive - where residents and visitors alike are can browse everything from designer clothes to diamond jewelry.
Ranked as the 12th most expensive ZIP code in America by Forbes, Malibu is more than just Barbie's beachside paradise. Buying a home here will easily run you more than $1 million, with the average list price topping $2 million. Of course, that sum will get you some stunning views, access to miles of pristine beaches, hiking trails and nature preserves, and relative proximity to central California's beautiful wine country.
Many celebrities call Malibu home. And those celebs are living in luxury - last year, Goldie Hawn and Kurt Russell listed their Malibu estate for more than $14 million, giving a hint at the value of this stars' pads.
Forbes lists Bel-Air as the 19th most expensive ZIP code in the U.S. due to a median listing price of over $1.3 million. That makes homes in Bel-Air more than 292 percent more expensive than other real estate in Los Angeles, the source reports.
Located just minutes from downtown LA, the easy commute is a big draw for many residents, who love the proximity to both work and entertainment.