Beverly Hills luxury real estate | Erik Brown
Beverly Hills luxury real estate | Erik Brown
SUNSET STRIP HOMES FOR SALE
The iconic Sunset Strip luxury homes, which borders Beverly Hills, is home to beautiful mansions with breathtaking views of all of Los Angeles.
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SUNSET STRIP HOMES
SUNSET STRIP
The Sunset Strip runs for 1.5 miles along Sunset Boulevard, the 22-mile route that begins in Los Angeles’ midriff and runs through the hills to Highway 1, a beautiful road on the Pacific Ocean.
Between Sierra Drive and Crescent Heights Boulevard, the Strip is generally understood to be the portion of this magnificent highway that runs through Beverly Hills and Hollywood. Although it is not as well-known as the Las Vegas Strip, the Sunset Strip in Los Angeles is still one of the most famous areas in Los Angeles and is recognized internationally for its tourist attractions and businesses that have become historically significant in the music and entertainment industry.
The 1920s saw the emergence of this street as a hotspot for restaurants and nightclubs, turning it into a center of Los Angeles nightlife. The Strip’s popularity is also attributable to its geographical position. Because the Sunset Strip is outside of Los Angeles’ city limits, it was able to benefit from a less stringent application of gambling and alcohol distribution rules (which were then limited).
FAMOUS HOTELS
Chateau Marmont (8221 Sunset Blvd)
“Touched by scandal and commemorated in literature.” This is how the Chateau Marmont, one of Los Angeles’ most notorious and fascinating historical hotels, was characterized by the Los Angeles Times. It was built in 1929 and is based on the Château d’Amboise in France, with architectural influences from Spain. It has been used as a filming location for many Hollywood movies and has been cited infamous songs and stories.
The hotel has attracted a diverse list of personalities, including Francis Scott Fitzgerald and Johnny Depp, who have stayed there (for example). The hotel has made headlines for some controversial events that took place within its walls, such as Jim Morrison’s plunge from the balcony of his room and John Belushi’s overdose death. You may dine in the hotel’s beautiful restaurant and check out its interior without booking one of its expensive rooms if you wish to do so. While driving down Sunset Strip, you may overlook it since it is located on a hill.
Sunset Tower Hotel (8358 Sunset Blvd)
The Sunset Tower Hotel, which is the first skyscraper on the Sunset Strip (13 floors), is a magnificent example of Modern Art Deco Streamline architecture. It became a magnet for almost all Hollywood celebrities in the 1930s, including John Wayne, who was said to keep a cow on his balcony so he could always have excellent fresh milk.
The terrace’s pool has been utilized for numerous movies, including Get Shorty and Strange Days (both of which were directed by Barry Sonnenfeld). The Tower Bar & Restaurant, which currently hosts the swimming pool, was originally the apartment of mobster Bugsy Siegel.
Andaz West Hollywood (8401 Sunset Blvd)
The name of the Andaz West Hollywood was changed to “The Riot House,” owing to the riotous behavior of rock-and-roll bands that remained thereafter Sunset Strip performances. Here, The Rolling Stones, Jimi Hendrix, The Doors, Led Zeppelin, Thin Lizzy, and many other bands have performed. They’re the characters in stories about broken rooms, stereos thrown out of windows, and motorcycle entrances in the lobby.
This hotel has also been utilized by Hollywood directors for their movies (for example, Almost Famous, which follows the tale of a fictitious 1970s rock band). Despite its checkered past, Andaz West Hollywood is today one of the most elegant hotels in Los Angeles with stunning views of the city.
HISTORIC VENUES
The Comedy Store (8433 Sunset Blvd)
This is one of the most popular comedy clubs in the United States, where Jim Carrey, Robin Williams, Whoopi Goldberg, Eddie Murphy, Michael Keaton, David Letterman, and other stars have appeared. The fascinating thing is that it’s not unusual for the great actors who began their career in Hollywood to return here to act, without making any announcements. Prepare for possible surprises!
However, before it became The Comedy Store in 1972, this location’s reputation had already grown. Consider that The Byrds played here in 1964 when the club hosted rock concerts.
Fun fact: The Comedy Store is also notable for having hosted Liza Minelli’s wedding reception, in which Jack Haley Jr. married the Italian singer. To enable all of the entertainment figures who were invited to attend, the road was shut off for the event.
The Viper Room (8852 Sunset Blvd)
The Viper Room, which was acquired by and named after Johnny Depp in 1993 and closed down a year later due to the drug overdose of River Phoenix, has been reopened. The area has retained its popularity in recent years, thanks to music promoters’ desire to hold their events there. This has not prevented it from becoming an important reference point for rock and metal concerts, as well as a popular meeting spot for many VIPs (for example Angelina Jolie and Jennifer Aniston).
Johnny Cash’s 1994 show for his American Recordings record, which signaled his artistic resurgence, John Frusciante’s live shows in 1997, when he was plagued by severe drug abuse, and the inaugural performance with Depp inviting Tom Petty and the Heartbreakers are but a few of the remarkable displays that will endure forever in the club’s history.
Fun fact: Do you know Counting Crows? Adam Duritz, the band’s frontman, worked as a bartender here to reconnect with reality after the amazing success of August and Everything After.
Whisky a Go Go (8901 Sunset Blvd)
When rock and metal fans pass by this venue, they will come to a halt. In fact, it may be claimed that the Los Angeles music scene exploded when the Whisky a Go-Go was inducted into the Rock and Roll Hall of Fame in 2006. Do you want to know the names of any bands that have performed here? Led Zeppelin, Van Halen, The Doors, Alice Cooper, Kiss, Guns N’ Roses, and AC/DC are just a few of the artists who have graced this stage. But since there are so many acts on the list that it’s simpler to say.
Fun fact: Whisky a Go Go was originally a discotheque, with the first club bearing this name opening in Chicago in the 1970s. It was inspired by a dance hall that opened in France in the 1940s. During its “disco” era, Whisky a Go Go used suspended cages, which were later reused by dancers in many clubs.
The Roxy Theatre (9009 Sunset Blvd)
The Roxy Theater, which was built in 1973 and is comparable to Whisky a Go Go, has two things in common with it. Both Elmer Valentine, the co-founder of both businesses, and both have had an all-star lineup of famous bands and artists perform on their stages. This location, compared to Whisky a Go Go, has a more diverse music program that includes everything from rock bands like the Ramones and Genesis to jazz artists such as George Benson and The Crusaders as well as poetry comedies including The Rocky Horror Show.
In addition to the previously mentioned names, such as John Lennon, Frank Zappa, Bob Marley, and Van Morrison, some of the world’s greatest celebrities have visited here include Neil Young and his band Crazy Horse.
SHOPPING
The Sunset Strip, which runs between Beverley-Sunset and West Hollywood, is one of Los Angeles’ most popular shopping destinations. There are several shopping possibilities all along the Sunset Strip, but shopaholics flock to Sunset Plaza (8623 Sunset Blvd), a section of the Strip jam-packed with boutiques and cafés. If you are not in the mood to shop, you may always sit down and have a drink to try to spot some VIPs on their way out.
BEST PLACES TO EAT ON SUNSET STRIP
On a street like the Sunset Strip, where restaurants abound, having some recommendations can always be useful.
The Saddle Ranch Chop House (8371 Sunset Blvd) is one of my favorite lunch spots for the fantastic Tex-Mex food and generous portions, as well as the ambiance, which recreates Western stereotypes with live performances by country artists and a mechanical bull that you may try to control. To add to it, if you have some extra room, you may “assist digestion” with a lot of cotton candy.
The Rainbow Bar and Grill (9015 Sunset Blvd) has a storied history, as well as an ambiance that evokes nostalgia. It was also created by the legendary Elmer Valentine, which is another incentive to visit this establishment. Marilyn Monroe and Joe DiMaggio had their first date at this spot, while Vincent Minnelli, the property’s owner, proposed to Judy Garland here. What the club is most proud of now, however, is that it has become an important platform for rock musicians and metal bands (particularly Motorhead’s Lemmy). This place becomes a tiny museum for rock fans thanks to memorabilia, photographs, and furniture.
Mel’s Drive-In (8585 Sunset Blvd), a famous restaurant chain, is renowned in some films (e.g. Melrose Place and American Graffiti), with its distinctive logo and 1950s ambiance. Although the chain was founded in San Francisco, the Sunset Strip location is still a fantastic option for great American cuisine at reasonable prices.
Carney’s (8351 Sunset Blvd) is another joint with a similar name, although it is more famous for its odd sign and the fact that it sits in an antique Union Pacific engine. It’s a fantastic spot to get a burger!
TRIVIA
A short distance from the Sunset Strip, in the Hollywood Hills, there is a home (1567 Blue Jay Way) where George Harrison lived for a brief period and where he composed the song Blue Jay Way, taking inspiration from the street’s name. Don’t worry if you can’t find the street sign. Some uncontrollable fans frequently steal the street sign, which explains why the municipality had to place the name of the street right on the sidewalk.
Instead, you may visit the Statue of Rocky and Bullwinkle at 8775 Sunset Blvd. (Sunset Boulevard). The statue remained in its usual position outside the Jay Ward Productions building until 2013 when it was relocated to make way for a new entrance. The statue of General Lee has sparked a firestorm of debate, with some claiming it vanished mysteriously. In any case, supporters of these protagonists may take comfort in the fact that the monument will be put back in its original position soon.
HOMES IN SUNSET STRIP
Modern, vintage-inspired mansions that are made for exquisite entertainment.
These homes are lavishly decorated with amenities including but not limited to: outdoor pools, spa rooms, gourmet kitchens, art galleries, extra-large garages, and high-speed wifi. They often contain luxury features like hand-crafted moldings and built-in fireplaces.
These homes are typically at least 6,000 square feet with clear views of the Hollywood sign.
Instead, you may visit the Statue of Rocky and Bullwinkle at 8775 Sunset Blvd. (Sunset Boulevard). The statue remained in its usual position outside the Jay Ward Productions building until 2013 when it was relocated to make way for a new entrance. The statue of General Lee has sparked a firestorm of debate, with some claiming it vanished mysteriously. In any case, supporters of these protagonists may take comfort in the fact that the monument will be put back in its original position soon.
REAL ESTATE INSIGHTS
The first recorded name on the street was called Prospect Avenue, on October 10th, 1875. On November 11th, 1882, it was officially named North Clark Street and in 1910 it became North Doheny Drive. Around 1929, there is a transfer of land which names the street Sunset Boulevard and renames Clark to Wilshire Boulevard. On June 1st, 1931, it is named Sunset Strip by the Los Angeles Chamber of Commerce.
Sunset Strip’s history has been characterized by violence and notoriety for decades, but some real estate agents see great opportunity in this neighborhood.
Some noticed that there are new younger people living here. People are fixing up the buildings, bringing life back to this area.
As of October 2015, there are 316 residential properties on Sunset Strip that have an average value of $1.3 million. This is compared to 209 properties worth just over $1 million in circa 2009. This is a 51.6 percent increase in property values over a 5-year period.
The Sunset Strip property value has been increasing since 2011, and the housing inventory seems to be decreasing.
They have noticed that the prices are climbing. Inventory has been decreasing, and that drives the price up. People want to buy here now because they know that prices can only keep going up.
The number of transactions increased by 8 percent.
The “housing crisis” in the United States, which occurred around 2007, was an economic downturn. This caused many people to lose their homes and also decreased the number of housing transactions throughout the country. However, Sunset Strip was not significantly affected.
New luxury condos are being built on Sunset Strip. This is because many people want to live in the area. However, while this may be true, Sunlty Strip is not known for its condos. Most people who are looking to buy homes are looking for single-family dwellings with swimming pools and beautiful backyards. Currently, there is only 1 percent of Sunset Strip real estate transactions occur within condos or co-operatives.
Many of the celebrities that used to reside on the Sunset Strip have left the area. The loss of these celebrities began about ten years ago when they started moving to West Hollywood. Since their departure, many homes stayed empty for years until more recently. With lower home prices and increased demand, Sunset Strip has become attractive for new buyers.
Sunset Strip is very popular with young celebrities that are just starting out in the entertainment industry. They want to be within close proximity of all of the clubs, restaurants, and shops without paying high prices for homes or condos. The houses on this strip are not built with family living in mind but instead are designed for entertaining guests. They are much more extravagant in size, design, and upkeep.
The strip is largely made up of single-family homes that were built in the 1920s through 1960s. During this time frame, there was a significant population boom due to the many actors that found success on Sunset Boulevard. Their homes have large lots with plenty of room for outdoor entertainment. The walkability of these neighborhoods makes them very desirable for millennials and older generations alike, who want to stay in the area but don’t want or need a large house or yard.
There is also a handful of multi-family apartment buildings scattered throughout the strip which serve as an option for people wanting less upkeep and maintenance. With the exception of these apartment buildings, there are very few new developments.
Perhaps one of the biggest drivers in the price increase is the scarcity of inventory available on the Sunset Strip. There are a number of factors that prevent new homes from being built on the Strip, but the biggest one is a lack of available land. While there are a few acres across the street from The Peninsula Hotel, most properties cannot be developed due to low elevations and high fire risk.
Another factor in Sunset Strip home prices increasing has been an influx of foreign buyers. In the last few years, it has been reported that a number of Chinese nationals have been purchasing homes on the Strip with cash and some are rumored to be purchasing multiple properties. Foreign buyers tend to purchase the most expensive homes available on the market and also pay in full without financing or requiring an appraisal. This can skew demand higher for the priciest homes, further increasing prices.
