Real estate is Los Angeles has always come at a premium when compared the rest of the United States. The city is a long-time major economic hub (Port of Long Beach and Port of Los Angeles), home to aerospace companies (including Space X), apparel design and manufacturing, and of course, the multi-billion-dollar entertainment industry.
Combine all those jobs with plentiful sunshine, and you have the recipe for what drives home prices here.
While California contains 91 of the most expensive zip codes in the United States, 21 are in Los Angeles. Of those, here are 10 of the most expensive zip codes in Los Angeles.
10. 90069 (Hollywood Hills)
Straddling the Cahuenga Pass in the Santa Monica Mountains, Hollywood Hills is home to many renowned Los Angeles landmarks, such as the Hollywood Sign, the Hollywood Reservoir, the Sunset Strip, Griffith Park, and the John Anson Ford Theatre.
While known as a glamorous hotspot for celebrities, Hollywood Hills is also home to the historical origins of the Golden Age of cinema and several natural landmarks and trails. The Hollywood Hills offer among the best views of Los Angeles, with gorgeous panoramic vistas attracting flocks of visitors from all over the world.
Real estate in Hollywood Hills runs the gamut of expansive modern mansions to funky, treehouse-style cabins. Median home values in Hollywood Hills approach $3M, which is no surprise for a region that is so visible on the world map as the very face of Hollywood.
9. 90027 (Los Feliz)
Located in the Santa Monica Mountains, Los Feliz is a hillside neighborhood known for itslively commercial core that contains bars and restaurants. These include historic dive bars that acclaimed writers and artists have frequented and more upscale establishments along Hillhurst and Vermont Avenues.
It is also home to luxury enclaves like Laughlin Park (gated) and Los Feliz Hills, dotted with multimillion-dollar homes. The median household income here is $196,585.
8. 90048 (Beverly Grove)
Beverly Grove is tucked between Beverly Hills and West Hollywood and is bordered to the north by Colgate Avenue and Lindenhurst Avenue to the South.
Until recently, Beverly Grove was simply viewed as a quiet neighborhood with an older demographic.
But Beverly Grove is transforming into a more youthful hub with a growing number of upscale residential houses, condominiums, and mansions, as well as luxury shopping spots and dining destinations in “The Grove,” a large outdoor shopping mall that includes the Original Farmer’s Market.
7. 90036 (Fairfax and Miracle Mile Districts)
This zip code includes the Fairfax and Miracle Mile Districts of Los Angeles. Fairfax is historically known as a Jewish Community. These two districts are home to several historical buildings — so treasured by its community — that the Los Angeles Office of Historic Resources must approve any exterior alterations.
It shares Wilshire Boulevard with Miracle Mile, which is home to the Los Angeles County Museum of Art (LACMA), the Petersen Automotive Museum, A+D Museum, Craft Contemporary, George C. Page Museum, the La Brea Tar Pits, and more, forming what is called “Museum Row.”
6. 91436 (Encino)
Located in the San Fernando Valley region of Los Angeles, Encino is known for its gorgeous communities and stunningviews. It attracts many prospective homeowners for its plethora of large properties. Locals love Encino for its temperate weather and available year-round outdoor activities.
Its local economy is mostly centered on healthcare, social services, and professional services; its residents are mostly working professionals. It also and attracts many folks who work in the entertainment business who commuter over Sepulveda Pass to Central Los Angeles and the Westside during the week.
5. 90291 (Venice)
Located in the Westside region of Los Angeles County, Venice started as a seaside resort town, and it isknown for its canals, beaches, and pedestrian promenade.
It is also the home of Venice Beach, which draws tourists and local weekend visitors alike. It is also home to the Venice Breakwater, a popular surfing spot north of the Venice Pier.
Temperatures in Venice are moderate all year, with 300 days of sunshine (though many start foggy). It is also an art hub, attracting many artists and performers to its streets.
4. 90049 (Brentwood)
Brentwood is a quiet, upscale district of Los Angeles. For a brief period, Brentwood was put in the spotlight during the O.J. Simpson case, but it is one the safest areas in Los Angeles; crime here is 44% lower than the city average. It also has among the lowest population densities, which appeals to celebrities who crave privacy and seclusion.
Brentwood is home to the Getty Center, Getty Museum, Getty Research Institute, Getty Conservation Institute, and the Getty Foundation. The median home asking prices in Brentwood is just over $3M, with a median household income of $112,297.
3. 90272 (Pacific Palisades)
Located in the Westside region of Los Angeles, the Pacific Palisades is renowned for its relative seclusion, Mediterranean climate, rolling hills, gorgeous coastline, and small-town feel.
Brentwood borders it to the east, Malibu to the west, and the Santa Monica Mountains to the north. It has no hotels and is largely residential, with many celebrities choosing it for privacy. It is also home to many architectural landmarks such as the Getty Villa and the Self-Realization Fellowship Lake Shrine.
The median home sale price in the Pacific Palisades is exceeds $5M.
2. 90077 (Bel Air)
Known as the hillside district with the highest median income ($209,531), Bel Air is one of the richest neighborhoods in Los Angeles. It entered the modern lexicon through the television sitcom “The Fresh Prince of Bel-Air” starring actor and rapper Will Smith.
It is located 12 miles west of Downtown Los Angeles and is within the Santa Monica Mountains, with the Bel-Air Country Club nestled at the center.
Bel Air is also home to the famous Kyoto-inspired Hannah Carter Japanese Garden, which has several structures built in Japan and reassembled onsite.
1. 90210 (Beverly Hills)
Beverly Hills is known worldwide to be home to the world’s most expensive homes, luxury hotels, and upscale shopping. The city attracts celebrities and business moguls.
It borders Bel-Air and the Santa Monica Mountains to the northwest and West Hollywood to the east. Beverly Hills began as a humble lima bean ranch, but it has grown into a business hub of entertainment agencies and production companies.
Notable landmarks such as Rodeo Drive and the Beverly Hills Hotel keep tourist’s cameras busy. The median asking price of homes in this zip code is just north of $6M.