Among the most distinctive residential neighborhoods in Los Angeles is The Hollywood Hills, which is nestled in the southeast Santa Monica Mountains and flanked by the famous Hollywood sign. This iconic destination is seeing growing interest from luxury investors, as the location is private, the atmosphere is laid back, the property selection is diverse, and prices are attractive.
Cherie Nelson works hard to put the best possible tools and resources in your hands, which is invaluable for any luxury transaction in the Hollywood Hills real estate market, the Platinum Triangle or the many other prestigious LA neighborhoods. To no surprise, Nelson has gathered an impressive list of clientele that includes well-known celebrities, entertainment moguls, socialites, and political luminaries.
Nelson recommends Hollywood Hills real estate for its many advantageous qualities, such as:
- The average listing price is $2,451,711.00, which is more affordable than some other luxury communities.
- Growth is steady, and sales prices in October 2012 are up by 5% in comparison to the same period in 2011.
- The market presents an attractive mix of real estate, including popular Mid-Century Modern homes, contemporary properties, and classic architectural gems.
- An affluent and attractive population, with a median income of $71,717 – almost twice that of the median income of Los Angeles.
- A wonderfully tranquil location that is still within reach of all the culture and commerce that the city has to offer.
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