As part of the Santa Monica Mountains, the Hollywood Hills define the skyline of Los Angeles and the surrounding reason. Made famous by the Hollywood Sign that is nestled in its peaks, this region is also known for its fabulous luxury neighborhoods that are home to many of the dazzling celebrities that people across the world idolize.
Homes for Sale in the Hollywood Hills
Hollywood Hills is a unique neighborhood, comprising just more than 7 square miles and home to more than 22,000 people. Within its borders are several distinct neighborhoods, where home buyers will find a variety of different homes for sale. This community can best be described as young, vibrant and affluent.
One of the well-known neighborhoods within Hollywood Hills is Beachwood Canyon. Developed in the 1920s, this neighborhood has a sense of history and purpose behind it. Its agricultural influence is clear, as there are still horse stables operating in this area. Another neighborhood to consider is Cahuenga Pass, which serves as the connector for the Los Angeles Basin and the San Fernando Valley. Luxury homes can be found in the other neighborhoods encompassing the Hollywood Hills, including Hollywood Heights, Outpost Estates, Whitley Heights, Franklin Village and Hollywoodland.
Hollywood Hills Real Estate Trends
Those who are looking for luxury real estate in a neighborhood filled with character and history will love what they find in Hollywood Hills. This is where some of the most valuable real estate in the region can be found, as the current median sales price in Hollywood Hills is $1.36 million. Sales prices have decreased slightly in the last several months, making now an excellent time to buy in Hollywood Hills. However, these homes maintain their value and are sure to become a valuable personal and financial investment.
Economic Development in the Region
Given the fact that Hollywood Hills is bordered by Burbank, Studio City and Universal City, it comes as no surprise that the largest driving factor in the local economy is the entertainment industry. Most of the people who live in Hollywood Hills are associated with this industry in one form or another.
Hollywood Hills Schools
People who live in Hollywood Hills will find that there are several educational options available for their children. There are three public schools located in this neighborhood, and there also are two private schools in the community. Parents have the luxury of selecting the right option for their children when they move to this area.
High above Los Angeles is the intimate and exclusive neighborhood of Hollywood Hills. It may seem unreachable — but a home inside the elite Hollywood Hills community is within your grasp when you partner with a luxury real estate team. To find out more information about the homes for sale in Hollywood Hills and the current market conditions, contact Luis and Silvina Pezzini. We are luxury homes specialists who have the experience and knowledge of Hollywood Hills that you need in order to make your real estate dreams come true. Let's get started today!
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