Beverly Park Homes | Erik Brown

Beverly Hills luxury real estate | Erik Brown

WELCOME TO BEVERLY PARK

A Gated Enclave Where Opulence and Prestige Define the Pinnacle of Southern California Living.

BEVERLY PARK INTRODUCTION:

Beverly Park is a gated community in Los Angeles, California, that has become known for its large houses and famous residents. The development sits east of the Beverly Glen neighborhood on Coldwater Canyon Drive between Mulholland Drive and Sunset Boulevard, with two parks: North Beverly Park (NBP) and South Beverely Plantation Clubhouse (SBBPC).

The communities have a Beverly Hills Post Office address (90210 ZIP Code); however, it is located in Los Angeles. North Beverly Park, with the main entrance at 13100 Mulholland Drive, is the larger 64-home section of Beverly Park. South Beverly Park has 16 houses, and property covenants demand that dwellings in this community be at least 5000 square feet.

Beverly Park HISTORY:

The area was changed into a golf course and country club called “Dean Martin” as early as the 1960s. In 1979, Elliot Gottfurcht and Brian Adler, together with private investors, developed South Beverly Park as “an elegant community of grand manors that would seem to belong to Beverly Hills of yesteryear.” The project was completed in 1990 when Adler set out to create a guard-gated community. In doing so, he differentiates this Westside neighborhood from others on the Beverly Hills-Holmby Hills-Bel Air border by using gates as part of the design plan; instead, he only allows access for residents who live within his development’s borders and keeps them exclusive. Beverly Park was originally the site of 64 two-acre (0.8 ha) lots, a 4-acre landscaped park, and over 100 acres of open space, but as development crept in around them, both communities have been subdivided into smaller lots that are still just as affluent to live on. North Beverly’s homes generally command much higher prices than those living south, where land sizes tend towards more modest dwellings at lower costs. This doesn’t mean, however, that there isn’t plenty for everyone!

Beverly Park LIFESTYLE AND PEOPLE:

Beverly Park is a small, unincorporated area in the Greater Los Angeles Area that has an affluent and celebrity base. The people living here could be called “high-profile.

Beverly Park House values are high because the land itself is s valuableThe land surrounding Beverly Park House is worth more than the houses themselves.

Money has no value in this area because all residents are multi-millionaires. The types of people that live here would be celebrities and business owners, venture capitalists, lawyers doctors, etc. The types of family structures living there consist of married couples with children, single mothers with children, single fathers with children, etc. The lifestyles of residents are extravagant. Many have housekeepers and personal chefs at their disposal to maintain their appearances.

The average family income for this area is around $200,000–$300,000 per year. Compared to the rest of California’s average household income, that is relatively high. For example, in West Hollywood, the average household income is a mere $40,000 per year.

The price to live in Beverly Park starts at around $1.5 million and goes up from there. There are homes more expensive than the ones pictured on websites.

For example, Bruce Willis’s home was listed for $23 million in 2012. Property values have more than doubled since then, with an average 7% appreciation rate per year. The main reason is that very few homes are up for sale. There has been a steady population growth of 8% in the last three years.

Overall, Beverly Park is a quiet, wealthy neighborhood with residents who come from all walks of life.

Retired movie stars and celebrities; business professionals with high net worths; athletes who play professional sports overseas or in the minors. (Many of them end up retiring and moving to Beverly Park.) Entertainment industry professionals: photographers, directors, producers, screenwriters, etc.; CEOs of major corporations and companies.

The schools near Beverly Park are very good. Many people in Beverly Park do not send their
children to public schools because they think the education in private schools is better than in public schools.

Here is the list of schools that parents often send their children to:

1. Beverly Hills High School (usually abbreviated as Beverly or BHHS) is the only major public high school in Beverly Hills, California. It is only a 14-minute drive away from Beverly Park. At Horace Mann School, students are making more academic progress from one grade to the next compared to students at other schools in the state. 16-minute drive to Beverly Park-Hawthorne Elementary School has a high rating. It serves 609 students in grades K–5, with a student-teacher ratio of 15 to 1. According to state test scores, 63% of pupils are math proficient, and 74% are reading competently. 11-minute drive to Beverly Park. Good Shepherd Catholic School is a private, Catholic school located in Beverly Hills, California. It has 197 students in grades PK and K-8, with a student-teacher ratio of 17 to 1. 13 minutes away from Beverly Park. Beverly Vista Middle School is a highly rated public school located in Beverly Hills, California. It has 962 students in grades 6–8, with a student-teacher ratio of 18 to 1. According to state test scores, 67% of students are at least proficient in math and 75% in reading. 14-16 minute drive to Beverly Park.

BEVERLY PARK SCHOOLS:

In the prestigious enclave of Beverly Park, educational excellence is not just a goal; it’s a way of life. The neighborhood is proud to host some of the finest educational institutions that cater to the diverse needs of its residents. From top-tier primary schools to exclusive private academies, Beverly Park offers an array of educational opportunities that
prioritize academic achievement and holistic development.

1. Beverly Park Elementary:

The heart of the community, fostering a love for learning.

2. Beverly Hills Middle:

Guiding students through crucial transitional years with care.

3. Beverly Park High:

A pinnacle of secondary education, preparing students for success.

4. Private Academies:

Exclusive institutions offering personalized attention and unique opportunities. Discover academic excellence in Beverly Park, where every child’s potential is nurtured for a bright future.

BEVERLY PARK ENTERTAINMENT:

Beverly Park’s allure extends beyond its residences, offering a refined selection of
entertainment options that cater to sophisticated tastes.

Private Clubs and Venues:

Indulge in the epitome of luxury at Beverly Park’s private clubs and high-end venues. Whether hosting exclusive events or enjoying a night out, these establishments redefine entertainment with opulent settings and world-class service.

Cultural Experiences:

Immerse yourself in the arts and culture within the neighborhood. Beverly Park hosts events that celebrate creativity, providing residents with access to galleries, performances, and cultural experiences that elevate their leisure time.

Fine Dining and Culinary Delights:

Beverly Park is a haven for food connoisseurs, boasting an array of gourmet restaurants. From Michelin-starred establishments to trendy culinary hotspots, residents savor a world of flavors right at their doorstep.

Outdoor Recreational Spaces:

For those seeking outdoor leisure, the neighborhood offers meticulously landscaped parks and recreational spaces. Enjoy serene walks, family picnics, or simply bask in the tranquility of nature amid the opulence of Beverly Park.

In Beverly Park, entertainment is an experience crafted for those with a taste for the
extraordinary, where every moment is an opportunity to celebrate the finest in leisure and
refinement.

BEverly Park RESTAURANTS:

While Beverly Park is far from being a major metropolis, there are several different restaurants near the area to enjoy everything from fine dining at an upscale restaurant to fast food at one of the many drive-thrus surrounding the town. Each has its own unique features, from its culinary options to its atmosphere, but each is a great place to visit.

South Beverly Grill

Sirloin, Wagyu rib eye, USDA Prime steaks, handcrafted sushi, and a wonderful selection of premium sandwiches and entrée salads bring a contemporary spin to classic American cuisine. The area is sleek and comfortable, with Scandinavian furniture adding elegance to the mix.

Polo Lounge

Set in a trendy hotel, this art deco eatery offers refined Californian cuisine and Sunday jazz brunch.

The Belvedere

The Belvedere is a California-style brasserie, and like any good meal, it should be the perfect blend of Parisian charm with eternal sunshine.

The Farm of Beverly Hills

Since 1997, the Farm of Beverly Hills has earned a reputation for innovative American cuisine and unparalleled customer service. We are one block from Rodeo Drive in an iconic spot near many other well-known landmarks, such as the Canon film studio complex or CBS Television City. Come by any time during your day to get breakfast at our restaurant on North Beverly Drive!

BEVERLY PARK REAL ESTATE INSIGHTS:

In Beverly Park, the property values are some of the highest of any community in Los Angeles County. In fact, a two-bedroom condominium here costs an average of more than three million dollars! That’s because it is a very exclusive = neighborhood—less than five percent of residents in the area are not white.

For this reason, many neighborhoods that surround Beverly Park are considered to be some of the poorest in Los Angeles County.

Because it is such a pricey neighborhood, Beverly Park has become an unfortunate location for several home invasions over the past few years. Several members of the association have fallen victim to break-ins and burglaries, and some had their homes ransacked while they were out on vacation.

Some of the most popular homes in Beverly Park, like this four-bedroom home at 1058 Ridgeway Place, have several upgrades, including a pool and an outdoor cooking area. This house has been on the market for over one hundred days, according to realtor David Horowitz of Re/Max Estate Properties.

It’s a good opportunity to buy a home at a reduced price right now, especially because there are more homes on the market than usual,” he said. “The homeowners have had their home on the market for over 100 days now, and they’ve put it up for $4.19 million.Horowitz said that homes in Beverly Park have been selling so slowly because it’s a unique market. The luxury community only has about five homes come up for sale at one time, which is very different from larger communities like Beverly Hills and Bel-Air, where multiple homes are listed every day.

All the inventory of luxury condos in L.A. County is currently over a million dollars,” he said. “There’s very little available, and it’s all-new construction.Houses in Beverly Park have been selling at about half of what they were going for before the recession, according to Horowitz. That makes sense since there are so few homes on the market right now that whoever wants to buy in Beverly Park will have to pay a premium.

On the other hand, condominiums are selling at about the same price that they did before the recession, he said.

The consumer is buying at today’s prices,” Horowitz said. “It seems like there are people coming out of the woodwork waiting to get back into the market.“

Property taxes are always a huge concern for home buyers. That’s why, before you move or renovate anything in Beverly Park, you should know exactly how much your monthly property taxes are for your future home. The amount of taxes will vary based on the size of your house, where it is located, and what type of improvements have been made to the exterior. For example, if your house is in need of some serious exterior renovations, be prepared to pay more taxes. However, if you do plan on doing some major exterior changes or renovations, make sure that it’s feasible with the current property tax system before you move forward. The long-term appreciation of a home in Beverly Park, California, is often determined by the quality and styling of the neighborhood it’s located in, not just local real estate trends. Buying a home in an area where homes have been appreciating for years is very different from buying a run-down house in a neighborhood with no history of appreciation.

For example, the best predictor of how much house you can sell your Beverly Park, California, home for is comparable sales within surrounding neighborhoods. If most homes in your neighborhood are selling for $500,000 each, it will be difficult to sell yours for $1 million. On the other hand, if most houses around you are selling for $300,000, your home will be more attractive to buyers, and you’ll have a better chance of selling for a price closer to your asking price.

Now that we’ve talked about the two sides of this coin, let’s look at some local Beverly Park real estate trends in greater detail. If you are interested, I’m here to help you find the perfect home for your needs in Beverly Park! I know this is a place that will make my heart soar, and if it sounds like something of interest or maybe even an opportunity, then please feel free to contact me at any time. With our combined efforts, let’s get Brentwood homes on sale so more people can have access to these amazing neighborhoods—and dreams come true.