Real Estate Statistics
| Average Price | $2.8M |
|---|---|
| Lowest Price | $599K |
| Highest Price | $13.6M |
| Total Listings | 24 |
| Avg. Days On Market | 98 |
| Avg. Price/SQFT | $847 |
Property Types (active listings)
Hollywood property includes an environment full of celebrities and nightlife. Hollywood Real Estate includes large homes with scenic views set in the mountains that flank the more urban portions of the community.
Hollywood
Hollywood Homes
The community offers cultural landmarks such as the Hollywood Bowl, the Hollywood Sign, renowned cuisine, and hotels as well as proximity to the outdoor shopping center The Grove.
Hollywood Location
Greater Hollywood is flanked by Studio City to the east, Universal City to the north, Beverly Hills to the south, and <ahref="/koreatown.php">Koreatown to the west. Greater Hollywood real estate includes homes in numerous communities such as Hollywood Hills, Laurel Canyon, and Mount Olympus. Perhaps the best-known part of this area is West Hollywood, just south of Hollywood Hills.
Hollywood Beginnings
In the 1800s, what is now the Sunset Strip was the road that connects downtown, El Pueblo de Los Angeles, and all ranches westward to the ocean. In 1886, H. H. Wilcox bought an area of Rancho La Brea that his wife then christened "Hollywood." Wilcox sold Hollywood real estate to wealthy Midwesterners seeking refuge from harsh winters. Prospect Avenue soon became a prestigious residential street populated with large Queen Anne, Victorian, and Mission Revival houses.
The Hollywood community incorporated in 1903, but water shortages forced annexation in 1910 to the city of Los Angeles, which had a surplus. In 1911, the Nestor Company opened Hollywood's first film studio. Surrounding communities such as Laurel Canyon quickly became the oasis for the rich and famous Hollywood film industry. Before long, banks, restaurants, clubs, and movie palaces sprang up, catering to the demands of the burgeoning film industry.
Hollywood Recreation & Amenities
Hollywood homes for sale are so attractive because of the rich cultural life in the area. This includes the Hollywood Bowl, which offers concerts and shows by world-class musicians, the famous Sunset Strip, hotels such as Chateau Marmont, famous shops such as Fred Segal, legendary music venues such as the House of Blues, Whisky a Go-Go, the Roxy Theatre and more.
West Hollywood, home to a large gay community hosts the largest Halloween street party in the United States each year. Its Christopher Street West parade is held each June. The Oscars generate parties around the area. Even the annual Christmas parade is a show stopper, with nearly a hundred celebrities offering cheer to residents.
Hollywood Schools
The Los Angeles Unified School District serves the area with schools such as Ramona Elementary School, Bancroft Middle School, and Hollywood High School.
For more information about Hollywood Real Estate, please contact our office at 323 412-9060.
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