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 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, Beverly Hills was listed 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. If you are considering selling your home and would like a free no-obligation Market Analysis of your home, please contact us. If you would like an Instant Home Evaluation of your home, please visit our website. To preview the finest real estate in Beverly Hills, Bel-Air, Malibu, Pacific Palisades, Santa Monica, Marina Del Rey, Brentwood, Westwood, Century City, Hancock Park or Venice please visit our website: www.WestsideHomeFinder.com
On October 22, 1906, the community of Beverly Hills was declared open by the Percy H. Clark Co., managers of the tract of land. It was described as a "beautiful suburban residence between this city [Los Angeles] and Santa Monica." The community was designed to allow the buyers to build a custom house on the land they purchased in the new development. The Rodeo Land and Water Company(Burton Green)decided to name it Beverly Hills after the rolling hills in Beverly, Massachusetts. Prior to this, the land was known as the Hammel and Denker ranch, which was one of Southern California's most fertile lands growing lima beans. It was purchased by a syndicate of Henry E. Huntington, C. A. Canfield, W G. Karckhoff, W. S. Porter, Burton M. Green, M. W. Whittier. It lies in the old Morocco Junction of the Los Angeles Pacific road, where the Hollywood and Colgrove braches connect. The investment company marketed Beverly Hills as "between the city and the sea."
In September 1911, work began on the The Beverly Hills Hotel. The Los Angeles Times would call it a "monster hostelry" since it cost $300,000. At the time, lots were selling for around $2,000 each.
In 1919, Douglas Fairbanks and Mary Pickford bought land on Summit Drive and built Pickfair. In 1921, they announced that they would build the home which they had been "dreaming" about in Beverly Hills.
Will Rogers, a wisecracking political humorist, wrote of the land boom in 1923, "Lots are sold so quickly and often out here that they put through escrow made out to the 12th owner... They couldn't possibly make out a separate deed for each purchaser; besides, he wouldn't have time to read it in the 10 minutes' time he owned the land.
The movie colony was well entrenched by 1928 when Harold Lloyd, John Barrymore, Robert Montgomery and Miriam Hopkins built residences there.
The population in 1920 was 672; in 1924, it was 5,000; by 1930, it was 17,429.
The issuance of building permits in 1918 totaled $35,200; in 1919, $304,900; in 1921, $787,729; 1922, $1,838,994.
In early 1920, the Beverly Hills Speedway, a 1.25 miles (2.0 km) wood oval track with turns banked 35 degrees was opened. Joe Boyer ran his race car 110 miles per hour (177.0 km/h) during the exhibition run. The races drew huge crowds and radio broadcasts were on a par with today's Indianapolis 500. There were also aviation shows, another national craze. The speedway was closed in 1924 and the site was later subdivided for housing and businesses. Compliments of Westside Properties Dominic Naidoo & Josh Barre 310.774.3313 BEVERLY HILLS HOME SEARCH
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