{"id":15742,"date":"2015-02-04T06:07:52","date_gmt":"2015-02-04T10:07:52","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=15742"},"modified":"2024-03-14T20:10:25","modified_gmt":"2024-03-14T18:10:25","slug":"l-a-s-top-10-priciest-neighborhoods","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2015\/02\/04\/l-a-s-top-10-priciest-neighborhoods\/","title":{"rendered":"Top 10 Most Expensive Places to Live in Los Angeles, Home of the Rich and Famous"},"content":{"rendered":"

Los Angeles may be known for its warm climate and its miles of beautiful coastlines interlaced with mountains ranges, but the city is also known for its unique system of \u201ceighty-eight cities within a city.\u201d<\/p>\n

These communities, from Santa Monica and Silverlake to Studio City and Beverly Hills, are full of real estate options, from old Hollywood architectural homes to sleek modernist houses\u00a0overlooking the ocean or downtown city lights.<\/p>\n

To make luxury Los Angeles real estate<\/a> decisions as simple as possible,\u00a0we compiled the top 10 most expensive neighborhoods in Los Angeles from 2014 and 2013 PropertyShark data.<\/p>\n

Without further ado, here are L.A.’s top 10 priciest neighborhoods:<\/strong><\/p>\n

<\/span>#10. Beverly Hills<\/span><\/h3>\n

Median sale price: $2,000,000<\/strong><\/p>\n

A perennial favorite of the rich and famous, Beverly Hills sees the most sales with a little over 300 homes sold each year. The affluent neighborhood had a median sales price of $2 million for 2014, slightly down from $2.152 million in 2013.<\/p>\n

<\/span>#9. Oak Knoll, Pasadena<\/span><\/h3>\n

Median sale price: $2,066,000<\/strong><\/p>\n

Oak Knoll also saw median sale prices jump from $1.722 million in 2013 to $2.066 million in 2014. The upscale neighborhood is rich in cozy bungalows, historic homes as well as posh dwellings.<\/p>\n

<\/span>#8. El Porto, Manhattan Beach<\/span><\/h3>\n

Median sale price: $2,100,000<\/strong><\/p>\n

The median sales price for El Porto showed the most promising sales jump from $1.365 million in 2013 to $2.1 million in 2014. Home to many surfers and outdoor enthusiasts, this beach community features quaint homes with spectacular ocean views and a great variety of shopping and dining destinations.<\/p>\n

<\/span>#7. Malibu<\/span><\/h3>\n

Median sale price: $2,150,000<\/strong><\/p>\n

No luxurious and expensive Los Angeles real estate list would be complete without the city of Malibu. Malibu has long been known for its expansive land lots and its ability to provide homeowners with ocean views and mountain views. The median sales price for 2014 was $2.15 million. It fell slightly behind the Pacific Palisades due to its lower median sales price in 2013 of $1.365 million.<\/p>\n

<\/span>#6. Pacific Palisades, Los Angeles<\/span><\/h3>\n

Median sale price: $2,150,000<\/strong><\/p>\n

Our sixth spot goes to the city of Los Angeles\u2019s community Pacific Palisades. It was easily the most active real estate area on our list with more than 400 homes sold<\/a> in 2013 and 2014. The median sales price rose as well from $1.922 million in 2013 to $2.15 million in 2014. The neighborhood is known for its family friendly environment and picturesque nature view.<\/p>\n

<\/span>#5. Sand Section, Manhattan Beach<\/span><\/h3>\n

Median sale price: $2,266,000<\/strong><\/p>\n

The upscale\u00a0neighborhood in Manhattan Beach known as Sand Section is most notable for its special\u00a0walk streets<\/em> and lavish oceanfront homes. Ranking among the top choices of home buyers in the Los Angeles area, the Sand Section features homes with median prices ranging around $2.266 million.<\/p>\n

<\/span>#4. Hill Section, Manhattan Beach<\/span><\/h3>\n

Median sale price:$2,350,000<\/strong><\/p>\n

Featuring unparalleled ocean and city views, the Hill Section leads the Sand Section with a median sale price of $2.350 million, though the Sand Section sold nearly three times as many homes in 2014.\u00a0Manhattan Beach is attracting younger wealth for its direct access to great surf spots and entertaining nightlife.<\/p>\n

<\/span>#3. Bel Air, Los Angeles<\/span><\/h3>\n

Median sale price: $2,430,000<\/strong><\/p>\n

The third spot on our list goes to the city of Los Angeles in the community known as Bel Air<\/strong>. This celebrity filled neighborhood is famous for its seclusion and mountainous views. In 2014 and 2013, more than 100 homes were sold (113 and 115 respectively) for a median sales price of $2.430 million. This area continues to be an excellent choice for luxury homes with a variation of a mere 1% between the two years.<\/p>\n

<\/span>#2. Hidden Hills<\/span><\/h3>\n

Median sale price:$2,725,000<\/strong><\/p>\n

Our next luxury city for Angelenos is the city of Hidden Hills<\/strong>. With a strong median sales price of $2.725 million in 2014 for 40 homes sold, the gated community is known for its simple, romantic country way of life.<\/p>\n

<\/span>#1. North of Montana, Santa Monica<\/span><\/h3>\n

Median sale price: $3,100,000<\/strong><\/p>\n

First on our list is the city of Santa Monica, or more specifically, the neighborhood North of Montana <\/strong>in Santa Monica. In 2014, there were 114 homes sold with a median sale price of $3.1 million. Santa Monica residents tend to enjoy the community\u2019s focus on pristine sidewalks and its closeness to the ocean.<\/p>\n

\"L.A.'s<\/a><\/p>\n

Want more research like this? Check out San Francisco\u2019s Most Expensive Home Sales in 2014<\/a> on PropertyShark.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

Los Angeles may be known for its warm climate and its miles of beautiful coastlines interlaced with mountains ranges, but the city is also known for its unique system of \u201ceighty-eight cities within a city.\u201d These communities, from Santa Monica and Silverlake to Studio City and Beverly Hills, are full of real estate options, from…<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[738,386],"tags":[745],"class_list":["post-15742","post","type-post","status-publish","format-standard","hentry","category-california-real-estate","category-la-real-estate","tag-most-expensive-neighborhoods-in-los-angeles"],"yoast_head":"\nL.A.'s Top 10 Priciest Neighborhoods<\/title>\n<meta name=\"description\" content=\"In 2014, Los Angeles' high-end real estate market was completely on fire. Check out L.A.'s Top 10 Priciest Neighborhoods, from Santa Monica and Silverlake to Studio City and Beverly Hills.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2015\/02\/04\/l-a-s-top-10-priciest-neighborhoods\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 Most Expensive Places to Live in Los Angeles, Home of the Rich and Famous\" \/>\n<meta property=\"og:description\" content=\"In 2014, Los Angeles' high-end real estate market was completely on fire. Check out L.A.'s Top 10 Priciest Neighborhoods, from Santa Monica and Silverlake to Studio City and Beverly Hills.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2015\/02\/04\/l-a-s-top-10-priciest-neighborhoods\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-04T10:07:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-14T18:10:25+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2015\/02\/Top-10-Priciest-Neighborhoods-in-Los-Angeles-in-2014.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amalia Otet\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"L.A.'s Top 10 Priciest Neighborhoods","description":"In 2014, Los Angeles' high-end real estate market was completely on fire. 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