Not only is Beverly Hills Gateway the most expensive neighborhood in California, but it's the fourth most expensive place to live in the United States, topped only by two Florida neighborhoods and one in Colorado.
1. Bel-Air. The richest neighborhood in Los Angeles is Bel-Air. Making its claim to fame on the popular series The Fresh Prince of Bel Air, this neighborhood is located directly across from Sunset Boulevard and is considered one of the most exclusive residential areas in Los Angeles.
Beverly Hills's housing expenses are 570% higher than the national average and the utility prices are 11% higher than the national average. Transportation expenses like bus fares and gas prices are 28% higher than the national average. Beverly Hills has grocery prices that are 11% higher than the national average.
Beverly Hills, located in the heart of Los Angeles County in California, is a world-famous city known for its opulence and luxury. The city is home to many celebrities, billionaires, and high-net-worth individuals, and its reputation as a playground for the rich and famous is well-known around the world.
While celebrities live all over Hollywood Hills, there are a few particular streets in Beverly Hills that are incredibly star-studded, including Alpine Drive, Bedford Drive, Benedict Canyon Drive, and, most famously of all, Mulholland Drive.
Indian Creek Island Road, FL: $21.48 Million Median Home Value. At least that's how South Florida real estate agent Cory Waldman describes Indian Creek Island Rd., which took the top spot for the richest street in the most expensive neighborhood in America.
Bel Air, however, often has greater property prices, due to its bigger lots and more opulent residences. While still pricey, Beverly Hills provides a greater selection of types of property, such as single-family homes and condos. Beverly Hills is more advantageous for individuals looking for less expensive solutions.
LOS ANGELES - Beverly Hills was just named the "most expensive" neighborhood in California and among the priciest in the United States. That's according to a recent study by CashNetUSA, which analyzed Zillow data to determine which U.S. neighborhoods carried the highest price tags.
According to the 2023 edition of Charles Schwab's "Modern Wealth Survey," a net worth of $1.7 million is needed in order to feel "financially comfortable" in San Francisco. In order to feel "wealthy," that number spikes to $4.7 million.
Bay Area includes San Francisco and Silicon Valley. In an even more elite category, California's Bay Area won out when it came to the total number of billionaires — 63 call the region surrounding Silicon Valley and San Francisco home, according to the report.
If the country's 100 top billionaires were evenly distributed, we would expect just 12 of them to reside here. Yes, this is largely because of Silicon Valley. But it's also a reflection of the fact that California has the fifth-largest economy in the world, said Richard Walker, an emeritus professor at U.C.
New York City came out on top of the world's wealthiest cities list with 340,000 millionaires, ahead of Tokyo with 290,300, and San Francisco's Bay Area with 285,000. San Francisco had the most billionaires, with 63, compared with New York's 58.
Wolseley Road in Point Piper is Sydney's most expensive street, attracting Australia's wealthiest residents with its luxurious properties and waterfront views.
A new report found that New York City is the no. 1 place for ultra-high-net-worth individuals to own a property. New York City isn't just the city that never sleeps.
Los Angeles, California
California is home to the most billionaires — not just in the US, but in the world, according to Forbes. Los Angeles, in particular, is a hot spot.
Bel Air and Holmby Hills -- In the hills north of Westwood and west of Beverly Hills, these are old-money residential areas that are featured prominently on most maps to the stars' homes. Brentwood -- Brentwood is best known as the famous backdrop to the O. J. Simpson melodrama.
Stacker compiled a list of the richest billionaires that are residents of California, using data from Forbes. Billionaires are ranked by net worth as of Dec. 11, 2022. Forbes lists 178 billionaires in California.
1. Mission Hills. The richest neighborhood in San Diego is Mission Hills. Situated roughly 3 miles north of downtown San Diego, this neighborhood is home to about 9,000 people and is well-known for both its elegance and sophistication.
The mansion known as The One is L.A.'s largest residence, with 21 bedrooms and 42 full bathrooms. The $141-million offer by Fashion Nova founder Richard Saghian for the Bel-Air mega-mansion known as “The One” was approved Monday by a U.S. Bankruptcy Court judge.
While a few celebrity homes are tucked away on private roads, you can definitely drive by most of them. It's one of the reasons tours of Hollywood are so popular!
All the big Hollywood tours know that some of the best celebrity homes are on Mulholland Drive, Alpine Drive, Bedford Drive, and Benedict Canyon. Not only are there plenty of celebrities living there today, but some legends from Hollywood's past stayed there as well.