Great video series. These home prices are so stratospheric, most of us mere mortals can’t even afford the taxes, let alone the purchase price. (For everyone outside of California, a $8 million dollar home in Beverly Hills or Bel Air = $8000 tax bill. That’s $8000 A MONTH!) That said, I would definitely choose a home in the “flats” Beverly Hills over most anything of the same price point in Bel Air.
Thanks, David, appreciate it 😊 Yeah, good point, just the monthly property taxes are more than most people make. Good additional content. Thanks for sharing!
Thank you, sffreshness! 😊Yeah, without the drone, we wouldn't be able to see anything in Bel Air. Most houses are barricaded with trees and massive gates.
Thank you, chpt 😊 Good question, Holmby Hills would be a separate neighborhood, but still part of the city of Los Angeles, like Bel Air is too. Part of Holmby Hills (the south side) belongs to the neighborhood of Westwood. But yes, parts of Bel Air and Holmby Hills share many of the same qualities.
Holmby Hills is generally considered to be its own thing. It's not truly part of the BHPO, since it doesn't share the 90210 zipcode. It's not actually part of Westwood. There's 'Little Holmby' or 'Holmby Westwood' which is in Westwood, but very few people would genuinely lump it in with the Holmby Hils, the main part of which is above Sunset Boulevard and the LACC. It's also not part of Bel Air. It's also not part of Beverly Crest (which only became an officially designated neighborhood like 15 years ago), despite the LA times thinking otherwise. In truth, the Holmby Hills is its own distinct neighborhood, one of the three pillars of the so-called 'Platinum Triangle', which includes Bel Air and the Beverly Hills Post Office (specifically, the parts of the BHPO that fall in los Angeles, although some people over generously include the city of Beverly Hills as well...most of which itself does not fall in the BHPO below Rodeo).
@@ajaxjs Thanks! Yes, Holmby Hills is a distinct neighborhood. I personally would still consider the Holmby Hills section south of Sunset Blvd, off Mapleton Dr., as being part of the bigger area/neighborhood of Westwood. It shares the same zip code, generally doesn't belong to the North Holmby Hills HOA, founded by the same developer as Westwood, is registered with the city as being part of the Westwood Community Plan, and is part of the Westwood Neighborhood Council. But yes, I would say it's one of many distinct neighborhoods within Westwood, although disagreements would also be valid, as is with many neighborhoods in LA. :) planning.lacity.org/plans-policies/community-plan-area/westwood / empowerla.org/wwnc/
It seems strange that Beverly Hills would still have a median home price twice of Bel Air, when you take Roxbury, Doheny and La Cienega Park into account. Not to mention, all those condos, duplexes and such. Unless they're just not being counted in some fashion. It doesn't seem to make sense to me, unless it's only the the Flats and Estates being averaged. Although it's true that upper most Bel Air starts looking like southernmost Sherman Oaks.
Hey ajaxjs, nice to see you here again! :) Thanks for bringing that up! I know, I was shocked too! Good observation; yes, I am only factoring for single family homes, and this doesn't include Beverly Hills Post Office, just the actually city of Beverly Hills. But even then, still and interesting gap! But it started to make more sense to me when I considered how massive the area north of Santa Monica is in BH, where the Flats are at almost $10M, Trousdale around 12M, and Gateway around 13.5. And interestingly, more than half of all single family house sales in the past 1.5 years have occurred north o Santa Monica Blvd. So while Bel Air is home to some of the most expensive sales, the city of Beverly Hills just has a higher concentration of expensive houses. Thanks again for your comments, always appreciated! :)
One of the things I see people say online is that the west side is overrated Do you have any insight into that? The weather is better and the air quality is better, but it seems like people say it’s out of the way to be in. Do you agree with that? If you don’t agree do you know why people feel like that?
Thanks, Robin! I can see why some people would say that, but mostly because, yes, it's expensive to live on the Westside; that's one of the major cons. As far as it being out of the way, I disagree. It is the way. How can you know? In the morning, all the traffic comes west, and in the afternoon, it goes east. I like to say that Westside is the real center of Los Angeles, not Downtown LA. As proof of this, while office buildings in downtown are currently in crisis, with massive vacancies, the Westside commercial district of Century City is pretty much almost fully occupied, with one of the biggest, if not biggest, commercial developments in los angeles @ 1950 Avenue of the Stars. So yes, the Westside is the heart of Los Angeles, but it's expensive, so naturally I can see people hating on it for that reason 😊
I could listen to Daniel Rangel all day talk about real estate. This man is so intelligent, genuine, and knowledgeable.
This was an enjoyable and informative video.
Thank you, Gregory! 😊
Great video series. These home prices are so stratospheric, most of us mere mortals can’t even afford the taxes, let alone the purchase price.
(For everyone outside of California, a $8 million dollar home in Beverly Hills or Bel Air = $8000 tax bill. That’s $8000 A MONTH!)
That said, I would definitely choose a home in the “flats” Beverly Hills over most anything of the same price point in Bel Air.
Thanks, David, appreciate it 😊 Yeah, good point, just the monthly property taxes are more than most people make. Good additional content. Thanks for sharing!
These drone shots are really increase the production value.
Thank you, sffreshness! 😊Yeah, without the drone, we wouldn't be able to see anything in Bel Air. Most houses are barricaded with trees and massive gates.
Thanks for your video. Very informative. Is Holmby hills a part of bel air ?
Thank you, chpt 😊 Good question, Holmby Hills would be a separate neighborhood, but still part of the city of Los Angeles, like Bel Air is too. Part of Holmby Hills (the south side) belongs to the neighborhood of Westwood. But yes, parts of Bel Air and Holmby Hills share many of the same qualities.
Holmby Hills is generally considered to be its own thing. It's not truly part of the BHPO, since it doesn't share the 90210 zipcode. It's not actually part of Westwood. There's 'Little Holmby' or 'Holmby Westwood' which is in Westwood, but very few people would genuinely lump it in with the Holmby Hils, the main part of which is above Sunset Boulevard and the LACC. It's also not part of Bel Air. It's also not part of Beverly Crest (which only became an officially designated neighborhood like 15 years ago), despite the LA times thinking otherwise.
In truth, the Holmby Hills is its own distinct neighborhood, one of the three pillars of the so-called 'Platinum Triangle', which includes Bel Air and the Beverly Hills Post Office (specifically, the parts of the BHPO that fall in los Angeles, although some people over generously include the city of Beverly Hills as well...most of which itself does not fall in the BHPO below Rodeo).
@@ajaxjs Thanks! Yes, Holmby Hills is a distinct neighborhood. I personally would still consider the Holmby Hills section south of Sunset Blvd, off Mapleton Dr., as being part of the bigger area/neighborhood of Westwood. It shares the same zip code, generally doesn't belong to the North Holmby Hills HOA, founded by the same developer as Westwood, is registered with the city as being part of the Westwood Community Plan, and is part of the Westwood Neighborhood Council. But yes, I would say it's one of many distinct neighborhoods within Westwood, although disagreements would also be valid, as is with many neighborhoods in LA. :) planning.lacity.org/plans-policies/community-plan-area/westwood / empowerla.org/wwnc/
It seems strange that Beverly Hills would still have a median home price twice of Bel Air, when you take Roxbury, Doheny and La Cienega Park into account. Not to mention, all those condos, duplexes and such. Unless they're just not being counted in some fashion. It doesn't seem to make sense to me, unless it's only the the Flats and Estates being averaged. Although it's true that upper most Bel Air starts looking like southernmost Sherman Oaks.
Hey ajaxjs, nice to see you here again! :) Thanks for bringing that up! I know, I was shocked too! Good observation; yes, I am only factoring for single family homes, and this doesn't include Beverly Hills Post Office, just the actually city of Beverly Hills. But even then, still and interesting gap! But it started to make more sense to me when I considered how massive the area north of Santa Monica is in BH, where the Flats are at almost $10M, Trousdale around 12M, and Gateway around 13.5. And interestingly, more than half of all single family house sales in the past 1.5 years have occurred north o Santa Monica Blvd. So while Bel Air is home to some of the most expensive sales, the city of Beverly Hills just has a higher concentration of expensive houses. Thanks again for your comments, always appreciated! :)
One of the things I see people say online is that the west side is overrated
Do you have any insight into that? The weather is better and the air quality is better, but it seems like people say it’s out of the way to be in. Do you agree with that? If you don’t agree do you know why people feel like that?
Thanks, Robin! I can see why some people would say that, but mostly because, yes, it's expensive to live on the Westside; that's one of the major cons. As far as it being out of the way, I disagree. It is the way. How can you know? In the morning, all the traffic comes west, and in the afternoon, it goes east. I like to say that Westside is the real center of Los Angeles, not Downtown LA. As proof of this, while office buildings in downtown are currently in crisis, with massive vacancies, the Westside commercial district of Century City is pretty much almost fully occupied, with one of the biggest, if not biggest, commercial developments in los angeles @ 1950 Avenue of the Stars. So yes, the Westside is the heart of Los Angeles, but it's expensive, so naturally I can see people hating on it for that reason 😊
@@theartistofrealestate great answer thank you for your insight brother
Interesting to note the flow of traffic
Hey man
Ik people pitch you all the time but I think you’ll find my partnership different,can we discuss?