Richest Neighborhoods in Los Angeles - Find Los Angeles Luxury Homes
Los Angeles property listings reflect some of the most diverse options in all of the United States. From inner-city neighborhoods to some of the most expensive real estate in the country, Los Angeles County has it all. For a buyer who wants only the best, three Los Angeles neighborhoods stand out – Bel Air, Beverly Hills, and Pacific Palisades.
Located approximately 12 miles west of downtown of Los Angeles, Bel Air was founded in 1923 and includes the famous Bel Air Country Club and the Hotel Bel Air. Anyone looking to find Los Angeles real estate in Bel Air will find only single family homes, many of which are luxurious mansions on large lots. Because Bel Air sits at the foothills of the Santa Monica Mountains, many of the homes are actually nestled along the mountains, although the larger homes tend to be at the bottom of the mountains with the most expensive homes located near the Bel Air Country Club as a rule.
In 2008, the median household income in Bel Air was just under $208,000. As of January 2013, the median sales price for a home in Bel Air was just over $1.62 million. Among its most notable residents are Elizabeth Taylor and Ronald and Nancy Reagan. Today, Bel Air property listings often include homes of those in the entertainment industry or high level executives who work in nearby Los Angeles.
Just to the southeast of Bel Air, you will find Los Angeles real estate listings in Beverly Hills. The history of what is now Beverly Hills actually pre-dates the turn of the 20th century; however, the area officially got its name in 1906. Although all Los Angeles property listings in Beverly Hills are above average in price, the most affluent, expensive and exclusive homes in Beverly Hills are typically located in the actual “hills” portion of the area. In the southern portion of Beverly Hills, for example, you can find apartments and other multi-family housing options.
Without a doubt, the most well-known attraction found in Beverly Hills is the famous Rodeo Drive, one of the wealthiest shopping districts in the world. Beverly Hills is also home to the Beverly Wilshire Hotel, the Beverly Hills Hotel and numerous world famous restaurants such as Spago and the Polo Lounge. The number of past and present movie stars and other famous people who have lived in Beverly Hills is so long they actually sell maps to tourists wishing to visit the stars’ homes.
Because Beverly Hills has such diverse housing options, the median household income for 2009 was actually just under $85,000—still significantly higher than the national average, but much lower than many of the income of many of its famous residents. As of January 2013, the median home price for a home in Beverly Hills was about $1.5 million; however, the median price for a home in the famous 90210 zip code was over $2.5 million.
Known as “Where the Mountains Meet the Sea”, Pacific Palisades is located just northeast of Santa Monica Bay and just South of the Santa Monica Mountains. Founded in 1922, Pacifica Palisades is home to just under 30,000 residents who live in single family, apartment, or multi-family homes. For those looking to find Los Angeles real estate among the neighborhoods in Pacific Palisades, the options are fairly diverse. Starter homes and condos can be found among the “Alphabet Streets” and The Highlands for under $1 million. Los Angeles property listings in Pacific Palisades also include exclusive, sprawling estates, located in The Riviera and Rustic Canyons neighborhoods. In these areas, expect to pay at least $2 million for a home. As of 2009, the median household income for the Pacific Palisades was just over $168,000 and the median home price in January of 2013 was just over $1.8 million.