Encompassing Zip Codes: 90019, 90035, 90036, 90048
Located in the heart of Los Angeles, California, the bustling Beverly Center/Miracle Mile area, offers fabulous shopping and dining opportunities.
The well-known Beverly Center shopping mall is located in this area - hence, the first part of the area's name. And, the tall buildings along what has long been known as "the Miracle Mile" were home to myriads of doctors' offices - hence, the second part of the area's name. Today, one of the world's foremost medical centers, Cedars-Sinai, is situated in the Beverly Center - Miracle Mile area. Bounded on the north by the famous Melrose Ave., with all of its stores and restaurants, on the east by La Brea Ave., on the west by San Vicente Blvd., and on the south by Pico Blvd., the Beverly Center - Miracle Mile area is sandwiched between the city of Beverly Hills and the Hancock Park area of Los Angeles, and encompasses zip codes 90019, 90035, 90036, and 90048.
The area is comprised of both small and large homes, as well as apartment buildings and condominiums. The median sale price of single family homes in the Beverly Center - Miracle Mile area was $840,000 in May 2011, down from $980,000 in April 2011 and from $905,000 in May 2010, 9 homes sold in the area during the month of May 2011, and 35 homes came onto the market during the same period. The average number of days on market for the homes that sold in May 2010 was 70. From January through May 2011, 45 homes sold and 134 came onto the market.