This is the most expensive California neighborhood. Here’s what it costs to own a home there
A historic suburb in Los Angeles County is host to the most expensive neighborhood in California, according to data collected from Zillow by online lender CashNetUSA.
Home to A-list celebrities, palm trees and picture-perfect scenes, the houses with the highest average price tag in the state is Beverly Hills Gateway in Beverly Hills. Homes in this neighborhood cost an average of $22,771,957, according to the data.
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.
For $85 million, you can buy an 11 bedroom, 16 bathroom home in this neighborhood near the 27,000 square-foot mansion of Jeff Bezos, who paid $165 million to purchase Jack Warner’s estate in 2020. Bezos’ purchase set the record for Los Angeles’ priciest home sale, according to Architectural Digest.
About Beverly Hills
Beverly Hills is located directly southwest of the Hollywood Hills and around 12 miles from downtown L.A. The city has a population of 32,903, according to U.S. Census data.
Beverly Hills has been featured in a number of television series and movies including 90210 and 90’s film Pretty Woman.
The city is home to the two-mile long Rodeo Drive, one of the most prestigious retail destinations in the world. Brands including Hermes, Cartier, Louis Vuitton and Chanel have stores on Rodeo Drive.
Beverly Hills is home to celebrities including Katy Perry, Leonardo DiCaprio, Adele, Eddie Murphy and Johnny Depp, according to PropertyClub.
10 most expensive neighborhoods in the U.S.
Below is a list of the 10 most expensive neighborhoods in the U.S. and their average house prices, according to CashNetUSA:
Manalapan, Florida: $39,761,000
Palm Island, Florida: $27,624,833
Snowmass, Colorado: $23,568,750
Beverly Hills Gateway, California: $22,771,957
Port Royal, Florida: $22,032,667
Golden Beach, Florida: $18,659,412
Bel Air, California: $18,581,775
SouthHampton Village, New York: $16,719,714
Sagaponack, New York: $16,016,944
Trousdale Estates, California: $15,870,100
McClatchy’s Evan Moore contributed to this story.
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