Thursday, April 17, 2008

Beverly Hills Real Estate

The city of Beverly Hills is a popular city in California. Spanning approximately 15 square kilometers, Beverly Hills is surrounded by the city of Los Angeles on all sides. Together with Holmby Hills and Bel-Air, Beverly Hills is part of what is known as the “Platinum Triangle”, a group of affluent neighborhoods in the state of California. Beverly Hills achieved its present popularity and reputation through various television shows and movies, including Beverly Hills 90210, Beverly Hills Cop and even the cartoon show Totally Spies.

The image of Beverly Hills as the ultimate shopping paradise is supported by several shopping streets in the city, such as Rodeo Drive and Beverly Drive. Expensive shops are found all over the road, catering to high-end shoppers the world over. At present, construction to add parking spaces and expand the sidewalks in these shopping areas has just finished. Other popular shopping locations in the Beverly Hills area are Barneys New York, Two Rodeo and Faconnable, which can all be found in Wilshire Boulevard.

The city of Beverly Hills has several schools serving it, both public and private. The Beverly Hills Unified School District serves the area. Points of interest in the Beverly Hills area include the Beverly Gardens Park, the Beverly Hills Hotel, the Electric Fountain, Via Rodeo, the Spanish Steps, the Museum of Radio and Television in Beverly Drive, and the Greystone Mansion and Greystone Park in Loma Vista Drive.

Beverly Hills is not merely a shopping mecca; dining in the Beverly Hills area is also popular. Restaurants, such as CafĂ© Rodeo on Rodeo Drive, Cut in Wilshire Boulevard, Jaan in Burton Way, and La Dolce Vita in Santa Monica Boulevard, are among the best places to eat in all of Beverly Hills. Other recommended places include Mastro’s, the Grill on the Alley, The Prime Grill, Mr. Chow, and Spago, to name a few.

Actually, most of the houses in Beverly Hills are found in the flatlands at the south of Sunset Boulevard. North of Sunset Boulevard are the hills, where the homes have a significantly higher value than those in the rest of the city.

The use of Beverly Hills in various television shows and movies has helped it form an image of opulence and wealth. In reality, however, only about 10% of all the homes in Beverly Hills are luxury homes. Majority of the real estate in the area include duplex units for rent and smaller homes. The real estate prices in Beverly Hills are quite high, and are actually one of the most expensive real estate rates all over the United States.

Upon review of the city’s demographics, Beverly Hills was actually noted to have more renters than homeowners. The high prices of luxury homes seem to be pushing more residents to rent their homes, instead of buying their own. Thus, Beverly Hills apartments and condominiums appear to be good investments at present.

If you’re looking for a fashionable place in the middle of California, look no further! Try real estate in Beverly Hills!
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