Beverly Hills is not just one of the most famous neighborhoods in Los Angeles but also a city with a unique atmosphere, prestige, and comfort. It attracts people from all over the world with its exceptional features, from infrastructure to safety. Let’s explore what makes Beverly Hills such a popular place to live.
Independent City and Convenience
Beverly Hills is an independent city with its own city hall, police department, fire service, and top-tier schools. This ensures residents receive high-quality and efficient services.
The city actively invests in the development of public spaces, including parks and other amenities, to enhance the quality of life. For instance, the owners of the Montage Hotel committed to creating a public park on the hotel property, accessible to all Los Angeles residents.
Cultural Popularity
The iconic TV series “Beverly Hills, 90210” played a significant role in popularizing Beverly Hills. It introduced a wide audience to the lifestyle in this city, making it even more appealing.
High Level of Safety
Beverly Hills is considered one of the safest cities in the United States. The police response time here is only 70 seconds, which is a national record. Police patrols are regularly present on the streets, especially in the “Golden Triangle.”
Additionally, the city enforces a law that prohibits homelessness, such as lying or sleeping in public spaces. This helps maintain order and a comfortable atmosphere for residents.
Luxurious Lifestyle
Beverly Hills is synonymous with luxury. Rodeo Drive is one of the most expensive retail destinations in the world. Rental rates for commercial spaces here range from $36,000 to $64,000 per month. Presence on Rodeo Drive is a symbol of global recognition for any brand.
Many companies make significant investments in the city’s real estate. For example, the Louis Vuitton group purchased a building for $52,000,000, contributing an additional $26,000,000 to the city as a grant and $2,000,000 to support culture and arts.
Privileges for Residents
Residents of Beverly Hills have access to world-renowned brands, the finest restaurants, luxurious spas, and elite shopping. All these factors make life in Beverly Hills maximally comfortable and diverse.
Real Estate: From Flats to Hills
Home prices in Beverly Hills vary greatly. On flat terrain, homes start at $3,000,000, while properties in the hills can reach up to $100,000,000. This variety allows people to find real estate that suits their taste and budget.
Example Mortgage Payments:
- A $3,000,000 home: With a 20% down payment and an interest rate slightly above 7%, the monthly payment would be around $16,000–$17,000, depending on terms.
- A $10,000,000 home: With a 40% down payment, the monthly payment would range between $41,000–$43,000.
Conclusion
Beverly Hills is more than just a city—it’s a lifestyle. It attracts with its prestige, safety, luxury, and unique opportunities. For many, it becomes a dream come true, where comfort, beauty, and high social status converge. It’s no wonder Beverly Hills remains in high demand among those searching for the perfect place to live.
