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$658,000 View on Map
MMG9232
450 N Oakhurst Dr Apt 103
Beverly Hills, CA (in city)
2 Bed, 2 Bath Condominium
1887 sq.ft.
$1,300,000 View on Map
GJA6311
1527 Benedict Canyon Dr
Beverly Hills, CA (in city)
3 Bed, 2 Bath Home
$569,000 View on Map Virtual Tour
WAJ8527 16 Photos
146 S Clark Dr Apt 102
Los Angeles, CA (0.8 miles)
2 Bed, 2 Bath Condominium
1289 sq.ft.
UNIQUE: FRONT: NO COMMON WALLS: 2 UNITS PER FLOOR 2BR/2BA condo in a pristine condition. …more»
$1,485,000 View on Map
TTD5631 2 Photos
1566 Reeves St
Los Angeles, CA (0.8 miles)
3 Bed, 3 Bath Home
2407 sq.ft.
$499,900 View on Map
PWG6967
855 S Wooster St Apt 404
Los Angeles, CA (1.0 miles)
2 Bed, 2 Bath Condominium
1445 sq.ft.
$668,000 View on Map
JWT0300 13 Photos
8568 Burton Way
Los Angeles, CA (1.1 miles)
2 Bed, 2 Bath Condominium
1831 sq.ft.
Beautiful spacious condo in prime location on Burton Way. Just 300 ft from The Beverly Center and …more»
$650,000 View on Map
JPT2512
8863 Cynthia St
West Hollywood, CA (1.5 miles)
1 Bed, 1 Bath Home
700 sq.ft.
$950,000 View on Map
AMT6652
2340 Fox Hills Dr
Rancho Park, CA (1.6 miles)
3 Bed, 3 Bath Condominium
1940 sq.ft.
$640,000 View on Map
GWA7855 10 Photos
10337 Wilshire Blvd
Los Angeles, CA (1.7 miles)
1 Bed, 1 Bath Condominium
1010 sq.ft.
Frank Sinatra's glamorous pied-a-terre, newly renovated is available with …more»
$969,000 View on Map
TWA8948
2026 Parnell Ave
Los Angeles, CA (2.2 miles)
2 Bed, 2 Bath Home
1430 sq.ft.
 

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Local city information for Beverly Hills, CA

Beverly Hills is a city in the western part of Los Angeles County, California, United States. Beverly Hills and the neighboring city of West Hollywood are together entirely surrounded by the city of Los Angeles. The area's "Platinum Triangle" of wealthy neighborhoods is formed by Beverly Hills and the Los Angeles neighborhoods of Bel-Air and Holmby Hills. The population was 34,980 as of the 2006 census.

Beverly Hills is bordered on the north by Bel-Air and the Santa Monica Mountains, on the east by West Hollywood, the Carthay neighborhood of Los Angeles, and the Fairfax District of Los Angeles, and on the south by the Beverlywood.

Beverly Hills contains some of the largest homes in Los Angeles County and the nation. These homes range from the extravagant and luxurious in size, to the more elegant and modern homes, and then to the many small duplex rental units and detached homes with less than 3,000 sq ft (280 sq meters). The city's average household income is just over $87,000.

In 2007, Coldwell Banker lists Beverly Hills as the most expensive housing market (second year in a row) in the United States, with a median home price of over $2.2 million.

Beverly Hills is surrounded by the city of Los Angeles, albeit the small Northeast corner shares the boundary along Doheny Boulevard with West Hollywood, another city known for the Sunset Strip that includes Beverly Hills on the famous Sunset Boulevard.

Main thoroughfares include Wilshire Boulevard, Santa Monica Boulevard, and Sunset Boulevard. Shopping streets include Beverly Drive and Rodeo Drive. Coldwater Canyon Drive is the main road through Beverly Hills into the San Fernando Valley.

In spite of the city's name, most residents live in the "flats" of Beverly Hills, a relatively flat land that includes all of Beverly Hills south of Sunset Blvd. The homes in the hills north of Sunset Boulevard have a much higher value than average homes in the rest of Beverly Hills, and the most expensive homes in Beverly Hills are all in the hills. Wilshire Boulevard divides the "flats" into two areas, locally know as "North or South of the tracks," referring to the train tracks that were once used by the old Pacific Electric streetcar line that traversed Beverly Hills along Wilshire Blvd. Homes south of Wilshire have more urban square and rectangular lots, generally smaller than those to the north. There are also more apartment buildings south of Wilshire Blvd than anywhere else in Beverly Hills, and the average home value south of Wilshire is the lowest in Beverly Hills.

Except for the Beverly Hills Hotel and the Beverly Hilton Hotel, all businesses and government offices in Beverly Hills are located south of Santa Monica Blvd. Nearby the Beverly Hills city limits is the famous Los Angeles Country Club, with its two golf courses, where golfers tee up beside celebrities.

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January 18, 2012

Is it Time to Buy Rental Property?

There is one key statistic we follow closely at Owners.com, we think it is the key to current property prices......

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