The MLS™ Area Resource Guide
Here is the latest information provided by the MLS™ for all of the established areas that are provided by The Combined Los Angeles/Westside Multiple Listing Service.
Beverly Hills Post Office is the name given to the area just above Beverly Hills proper that is served by the Beverly Hills postal service, but that, in actuality, lies in the city of Los Angeles, and, as such, is served by L.A. city services (fire, police, schools, etc.). Homes in the Beverly Hills Post Office area have just one zip code, which is shared with homes within the city limits of Beverly Hills – 90210. The Beverly Hills Post Office area extends all the way up in the hills and canyons to Mulholland Highway, much of which forms the border between the city and the San Fernando Valley, more commonly known as just "the valley".
The BHPO area, as the area is nicknamed, is comprised of everything ranging from tiny homes nestled on narrow winding streets in the canyons to mega mansions topping the verdant hills, and everything in between. Convenient to both the city and the valley, the Beverly Hills Post Office area is sandwiched between the hills of Bel Air and the area known as Sunset Strip - Hollywood Hills West. Benedict Canyon and Coldwater Canyon traverse the area, taking commuters from the city to the top of the hills. Coldwater continues "over the hill" to deposit its commuters in Studio City, a popular area of the San Fernando Valley.
Although the median sale price of homes in the area was $1,607,500, remarkably and indicative of the vast differences among real estate in the BHPO area, the 12 single family homes that sold in May 2011 range from $545,000 to $22,950,000! These properties were on the market for sale for an average of 137 days, or approximately 4 ½ months, and the total dollar sales volume of the sale of these 12 homes was a healthy $42,058,150!
Housing Statistics from the 2000 US Census
Total Occupied Housing Units 15,035
Owner Occupied Housing Units 6,518
Renter Occupied Housing Units 8,517
Today's Real Estate News
Mortgage rates rise in mid-May, but remain near all-time lows
Published: May 17 2013 12:56PM
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks. read more...