As one of the world’s high-profile real estate brokers, Steven Taylor of LA, has been asked time and again where the world’s most expensive neighborhood is. While there are certainly a lot of rich neighborhoods all over the world, Steven Taylor only knows one place in the United States that has some of the richest neighborhoods in the world.
And that place is Steven Taylor’s very own Los Angeles!
Why is Los Angeles so Expensive?
There are a lot of answers to this question, but to keep it simple, the reason why Los Angeles is so expensive is that the area is already well developed and it houses some of the biggest industries in the United States.
The movie industry practically lives in Los Angeles and it is giving the city so much in taxes that Los Angeles is one of the wealthiest cities not just in the United States, but also in the world as well! In 2018 alone, Hollywood earned $69.9 billion. And it’s already 2021.
Apart from the movie industry, there are also a lot of start-ups and technology companies that are also starting to move in and stay. Steven Taylor should know since most of his biggest clients are always involved in the technology sector. And in case we’ve forgotten, Silicon Valley is also close to Los Angeles.
The success of Silicon Valley drove the price for real estate in Los Angeles because the CEOs and their staff started purchasing houses near Los Angeles, thus that event more than raises the standards of living in the area.
The Top 5 Most Expensive Neighborhoods in Los Angeles
So, without further ado, Steven Taylor introduces you to the 10 most expensive neighborhoods in Los Angeles. We’ll place useful information too, such as the exact price as of today, why it’s really expensive, and why it’s a neighborhood that one might want to live in someday if you ever hit the lottery!
Beverly Park - $32.5 M
A gated community in the Beverly Crest area of Los Angeles, Beverly Park is well-known for being the residential neighborhood for Hollywood’s biggest celebrities. Therefore, we can just imagine the exact amount of money that we need to have if we ever want to consider living in this neighborhood!
Encinal Bluffs - $29.5 M
A beachfront neighborhood in Western Malibu, just a little bit near the Ventura County line, Encinal Bluffs is one of the many secluded and tranquil claves that dart all over Los Angeles. And since the property itself is beachfront and is located in one of the wealthiest neighborhoods, it’s only natural that the price tag for Encinal Bluffs is at a cold and crisp $29.5 M.
This is the ultimate neighborhood to live in if you’re looking to spend your past time enjoying summer late-night parties at the beach.
Serra Retreat - $23.3 M
Another gated community, Serra Retreat is located on the landslide of the Pacific Coast Highway, near Malibu Creek. Because of its location, Serra Retreat is a favorite among wealthy people who want to build their dream home near an area where there are trees, shrubs, and a wonderful view of the Pacific Ocean.
With that hefty price tag, the Serra Retreat is one neighborhood that is set for people with a huge budget. But the natural scenery makes it worth the price.
Holmby Hills - $27.2 M
The neighborhood of Holmby Hills is just a few blocks east of UCLA and the Los Angeles Country Club. It is also one of the three areas that complete the Platinum Triangle, the other two being Beverly Hills and Bel Air.
And because it is one of the Platinum Triangle, Holmby Hills sports massive estates that have 10,000+ square foot mansions. And these mansions are, of course, the stuff that we all love to dream about. We are talking about mansions like the Playboy Mansion, Carolwood Estate, and the Spelling Manor.
Bel Air Estates - $18.5 M
Now, who wouldn’t recognize the classy neighborhood of Bel-Air? Made famous because of Will Smith’s comedy show, Bel Air Estates is the original Bel Air neighborhood just north of the UCLA campus. The Bel Air Estates has a nice entrance that is always guarded by patrols, day in and day out. The interior of the estate supposedly has backyard pools, terraced gardens, and tennis courts.
A neighborhood comprised of mansions and large estates, it is truly a place where only royalty would want to live in.
Originally published at https://steventaylorlandlord.com on October 19, 2021.
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