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Hollywood Hills Luxury Real Estate
Hollywood Hills is a neighborhood nestled along the scenic Santa Monica Mountains, surrounded by gorgeous views of the cityscape, which stretch from downtown LA all the way to Catalina Island.
Enhancing its picture-perfect views is the neighborhood’s network of streets meandering throughout a hilly landscape, which give residents a serene, secluded environment, despite being minutes away from LA’s busy avenues.
Hollywood Hills Real Estate Options
Like many neighborhoods throughout Los Angeles, Hollywood Hills homes are comprised of a mix of elegant architectural styles, including California mid-century modern, contemporary, ranch, Mediterranean, and more.
Home seekers can choose from several excellent neighborhoods within Hollywood Hills, such as:
- Hollywood Dell
- Beachwood Canyon
- Mount Olympus
- Nichols Canyon
- Laurel Canyon
- Sunset Hills
- Hollywoodland
- Outpost
- Hollywood Heights
- Whitley Heights
Local Attractions In Hollywood Hills
- The Hollywood Bowl is the largest natural amphitheater in the US, with a seating capacity of over 18,000. Built in 1922, the bowl has already gone through three major renovations, two of those by renowned American landscape architect Lloyd Wright. Watching a concert at the bowl is somewhat of a tradition for LA locals – there’s nothing quite like enjoying live music while the sun descends to give way to a starry night sky.
- Outdoor lovers can enjoy easy access to a wonderful selection of parks in Hollywood Hills, including Sunset Ranch, Bronson Canyon Park, and Runyon Canyon Park. These parks are perfect for a variety of outdoor activities like picnics, jogging, hiking, and more.
Introduction to Hollywood Hills, CA Real Estate
Hollywood Hills is one of the most popular neighborhoods in the United States, and it’s easy to see why.
Located in the central region of Los Angeles, California, Hollywood Hills lies along the Cahuenga Pass within the Santa Monica Mountains. It stretches northward from the Los Feliz District and Hollywood to the southern part of San Fernando Valley. Its borders include Studio City, Universal City, and Burbank to the north, Hollywood to the south, Griffith Park to the east, and Crescent Heights to the west.
Hollywood Hills was founded in 1923 by a syndicate owned by Harry Chandler, Sidney H. Woodruff, and General M. H. Sherman. It started out as a development called Hollywoodland, and was originally planned as a gated community for people working in the movie industry, which at the time was just starting to enter its Golden Age.
Today, Hollywood Hills comprises the following sub-neighborhoods:
- Laurel Canyon
- Beachwood Canyon
- Cahuenga Pass
- Franklin Village
- Hollywood Dell
- Hollywood Heights
- Hollywoodland
- Outpost Estates
- Whitley Heights
Hollywood Hills at a glance
One major reason behind Hollywood Hills’ enduring popularity with homeowners is its laidback nature. The lush green surroundings, tranquil streets, and spaced apart homes provide a refreshing oasis from the bustling metropolis that is the Greater Los Angeles area.
Due mainly to its proximity to Tinsel Town, Hollywood Hills’ residents mostly work in the creative industries —following in the footsteps of legendary musicians and celebrated artists such as Jim Morrison, Carole King, and Neil Young, who are all known to have made their homes in the neighborhood back in the 1970s.
Aside from showcasing beautifully-designed homes and architectural wonders, Hollywood Hills also serves as a home to lush and hedged-in gardens filled with flowers, shrubs, and trees — a direct result of the government’s efforts to transform the Los Angeles area from arid desert to a well-irrigated city.
Hollywood Hills Homes for Sale
Because of its rich history, cosmopolitan nature, and reputation as a hub for both the motion picture and television industries, many prospective homeowners and buyers flock to Los Angeles County in search of the perfect home.
In 2020, the constant stream of prospective buyers throughout the county has led to the development of a relatively healthy and competitive real estate market, which recorded an increase of 14.3% in the median sales price, as well as an increase of 19.1% in total sales.
A similar boom has also been recorded in the Hollywood Hills real estate market, with houses and other real estate properties now fetching an average price of around $1.6 million — an increase of 41.3% from last year’s rates. The average sale price per square foot in Hollywood Hills, meanwhile, is at $791 as of May, 2021, reflecting an increase of 17.0% from last year.
Much like its residents, the architecture in Hollywood Hills is best described as eclectic, with its neighborhoods peppered with distinctive houses built in a diverse set of architectural styles, including Spanish Colonial Revival, Victorian, Mid-Century Modern, Bungalow Courts, and Mission Revival.
As expected from a neighborhood of its status and reputation, the luxury real estate market in Hollywood Hills is booming. There’s an expected influx of prospective buyers from the East Coast and other areas this year — all of whom are looking to nab high-value properties in the area, such as luxury condominiums, private compounds, hilltop estates, and townhouses and apartments.
There’s also an abundance of vacant land ripe for development or for building your dream home.
Living the good life in Hollywood Hills, CA
As one of Los Angeles’s most exclusive communities, living in Hollywood Hills does not come cheap, with experts pegging the cost of living here to be 58% higher than the Los Angeles average, and 122% higher than the national average. However, the median household income in the area is also around twice that of Los Angeles and California.
With its central location in Los Angeles, Hollywood Hills puts you close to major companies and institutions, including the University of California, Los Angeles (UCLA), CalTech, The Walt Disney Company, NBC Universal, Amazon, AmGen, SpaceX, Microsoft, and Google. This means that the area is rife with employment opportunities, making it a haven for highly educated and well trained job-seekers from all over the country. In addition to the bevy of job opportunities present in the neighborhood, Hollywood Hills is also considered to be safer than 61% of the cities in California, with the neighborhood’s violent crime rates found to be 20% lower than the national average.
Year-round sunny weather
One other factor that draws people to Hollywood Hills is its warm, and sun-drenched, semi-arid Mediterranean climate, with 283 days of sunshine a year.
The summer dry season normally runs from May through October, while the winter wet season runs from November until April. Due to its location, Hollywood Hills usually gets 14.77 inches of rain each year, 92% of which falls between November and April.
Topnotch education opportunities
Families planning on buying a house in Hollywood Hills would be delighted to know that the neighborhood is served by a multitude of schools, most of which belonging to the Los Angeles Unified School District. These include Cheremoya Elementary School, Le Conte Middle School, Selma Elementary School, Bancroft Middle School, Gardner Street Elementary School, Valley View Elementary School, John Burroughs Middle School, and Hollywood High School.
Private schools in the area include Immaculate Heart High and Middle School, The Neilson Academy, and The Oaks.
In addition, the neighborhood is also the site of the world-famous American Film Institute, which counts the likes of Darren Aronofsky, Patty Jenkins, Matthew Libatique, David Lynch, Terrence Malick, and Ari Aster among its distinguished, award-winning alumni.
Getting around is easy
Unlike most neighborhoods, transportation isn’t a problem at Hollywood Hills — even for those without cars. This is mainly because the neighborhood is served by both Metro Rail and Metro Bus systems.
In addition, the local government is in the process of making Hollywood Hills more walkable and bike-friendly, with the neighborhood council advocating for the protection and expansion of sidewalks, as well as the preservation of parkways and expansion of bike lanes.
Great restaurants abound
Located just a stone’s throw away from Hollywood and Downtown LA, Hollywood Hills puts you close to some of the best restaurants and bars in the area, most of which are easily accessible whether by private vehicle or via public transportation.
Here are three of the most notable places to visit:
- Yamashiro Hollywood
- Beachwood Café
- PokiNometry
Those looking for an exquisite dining experience can book a table at this popular restaurant. Now known for its sushi rolls, as well as its unique and mouth-watering take on Asian fusion cuisine, Yamashiro started out in 1914 as a private estate meant to house the Asian art collections of cotton barons Adolph and Eugene Bernheimer.
Aside from being a much-sought after restaurant, Yamashiro also moonlights as a film set, having been used as a stand-in for Japanese imperial palaces and structures in award-winning films such as “Memoirs Of A Geisha,” and “Sayonara.”
Diners looking for American favorites would do well to visit Beachwood Café. Describing itself as a “made-from-scratch American eatery,” Beachwood Café is best known for its breakfast offerings such as pancakes, French toasts, scrambled egg sandwiches, and waffles.
Those looking for fresh seafood can drop by at Hollywood and Highland Mall where they’ll find this gastronomic treasure. Described by patrons as being the best place for a Poke bowl in the Hollywood area, PokiNometry takes pride in using only the freshest fish and seafood in its offerings, such as salmon, tuna, albacore, and octopus.
Amazing attractions and diverse activities
There is no shortage of places to visit and things to do in and around Hollywood Hills. The best destinations in Los Angeles are practically at your doorstep, including the city’s legendary shopping districts, museums, cultural venues, and beaches.
Hollywood Hills also boasts its own local attractions, with the iconic Hollywood Bowl topping the list.
The largest natural amphitheater in the United States, the Hollywood Bowl was built in 1922, and has a seating capacity of up to 18,000. The Bowl — as it is called by the locals — is considered to be a premier live music venue for its amazing acoustics. It has gone through three major renovations, two of which were supervised by renowned American architect Lloyd Wright.
Among the artists who have staged memorable performances at the Bowl are The Beatles, Pink Floyd, James Taylor, Cher, The Doors, Elton John, and Prince.
Those who love the outdoors, meanwhile, have a selection of parks to visit, such as Runyon Canyon Park, Sunset Ranch Hollywood, and Bronson Canyon.
One of the city’s most popular hiking spots, Runyon Canyon Park is home to outdoor yoga classes and is frequented by hikers and visitors who wish to see its captivating views of the City of Angels.
Sunset Ranch Hollywood is a working ranch that offers guided horseback tours through the area’s most scenic destinations featuring breathtaking views of Los Angeles and beyond.
Bronson Canyon is a 0.6 mile-long trail that is primarily used for hiking, running, nature trips, and bird watching. Accessible all year-round, the area is considered by many to be an excellent place for walking, as well as a good spot for catching marvelous views of Los Angeles and the valley. It is also known as a filming location for many science fiction, action, and horror productions, such as the original 60s-era “Batman” series, the Lynda Carter-led “Wonder Woman” series from the 70s, and several “Star Trek” productions.
Most notable residents
Because of the relative peace and quiet the neighborhood offers despite being a part of the Los Angeles Metropolitan Area, it’s not surprising that many of today’s most famous actors and actresses — as well as musicians, directors, and supermodels — have opted to live in Hollywood Hills instead of, say, Beverly Hills or even neighboring Hollywood.
Famed supermodel Gisele Bundchen, for instance, commissioned a sprawling 14,000 sq. ft., 5-bedroom, 9-bathroom French Chateau-inspired mansion, designed with solar panels providing its electricity needs — all in a bid to reduce the property’s carbon footprint and environmental impact.
Actors Kevin Costner, Kevin Smith, Keanu Reeves, and Tobey Maguire also have houses and real estate properties in the neighborhood, as do Joaquin Phoenix, Chris Pratt, Quentin Tarantino, and Billy Idol.
Multi-awarded singer and actress Lady Gaga also has properties in the area, most notably a 6,759-square-foot compound she bought from the estate of the late rock icon Frank Zappa in 2016.
Find the perfect home in Hollywood Hills with The Lux Group
Hollywood Hills has always been one of the most desirable communities in California. It’s therefore not surprising that inquiries on available homes for sale in the neighborhood have seen quite an uptick in recent months.
In such a competitive and nuanced market, the Lux Group Real Estate team can provide you with invaluable assistance.
A team of professional Los Angeles luxury real estate expert advisors, The Lux Group Real Estate has achieved over $5 billion of real estate transactions in the last ten years, and is known for providing impeccable service to buyers and sellers of homes, estates, and other luxury properties in upscale neighborhoods across the greater Los Angeles area.
The Lux Group’s secret lies in their ability to seamlessly blend marketing strategies with cutting-edge technology, creating extraordinary niche luxury marketing campaigns that are precisely aligned to each seller’s needs.
Affiliated with Keller Williams Luxury Homes International, The Lux Group also specializes in other aspects of luxury real estate, such as Real Estate Buyer Representation and Acquisitions, Short-term and Vacation Rental Consulting, Real Estate Capital and Financing, Real Estate Development, Home Remodeling and Construction, Interior Design, Decorating, and Furnishing, and Luxury, Concierge, and Hospitality Services.
For updated information on real estate listings at Hollywood Hills and other exclusive Los Angeles communities, or to schedule a consultation with the firm’s dedicated team of agents and realtors, you can call The Lux Group at (310) 853-1000 or send them an email at [email protected]. You can also drop them a note at their website.