Bel Air, Los Angeles, CA 90077 & 90049

The Bel Air area in Los Angeles California with zip codes 90077 & 90049

Bel Air, nestled in Los Angeles' prestigious Westside, epitomizes luxury living in Southern California. As a key component of the illustrious "Platinum Triangle" — alongside Beverly Hills and Holmby Hills — this exclusive community offers an unmatched lifestyle. Bel Air's strategic location borders Beverly Glen to the east, Mulholland Drive to the north, Sepulveda Boulevard to the west, and Sunset Boulevard to the south, positioning it ideally for breathtaking views and easy access to Los Angeles' vibrant heart.

Founded in 1923 by Alphonzo Bell, Sr., Bel Air has evolved into a synonym for opulence and prestige. Its proximity to downtown Los Angeles, approximately 17 miles away, offers the perfect balance of secluded tranquility and urban convenience. The area boasts a rich tapestry of natural beauty, including the rolling foothills of the Santa Monica Mountains and the northern boundary of UCLA along Sunset Blvd.

At the core of Bel Air's allure is the exclusive Bel Air Country Club and the iconic Hotel Bel Air, symbols of the area's affluence and exclusivity. Bel Air's real estate market is a beacon for high net worth individuals seeking unparalleled luxury. The properties here range from high-end condominiums starting at $800,000 to sprawling custom estates that can reach upwards of $150,000,000, reflecting the diverse yet uniformly opulent choices available.

Security and privacy are paramount in Bel Air, with two guard-gated communities, Bel Air Crest on Sepulveda Boulevard and Bel Air Place off Sunset and Moraga Drive, offering enhanced security and exclusivity. These gated enclaves are coveted for their privacy and elite status, adding to Bel Air's appeal as a top choice for luxury real estate in Los Angeles.

This community, synonymous with elegance and sophistication, continues to attract discerning buyers from around the globe. Whether seeking a lavish estate or a high-end condo, Bel Air represents the pinnacle of luxury living in Los Angeles, making it a prime destination for those pursuing an extraordinary lifestyle.

Gated Communities in Bel Air

• Bel Air Crest

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🏡 August 2024 Luxury Real Estate Market Update & Trends for Bel Air - Holmby Hills 🌟

🔻 Avg Sales Price: $2.95 million, 📉 down 53%

🔻 Avg List Price $20.12 million, 📉 down 1%

🔻 Properties Sold: 5, 📉 down 44%

🔻 Days on Market: 67 📆, 📉 down 12%

🔻 $/Sq FT: $1,093, 📉 down 3%

Unlock the hidden wealth in your Bel Air - Holmby Hills property! 🗝️💼 Curious about your home equity 💰? Thinking of buying in Bel Air - Holmby Hills? 🏠🌴 Let's chat! Send a DM or call us at 📱 310-777-6342 for expert insights!

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In the August 2024 Luxury Real Estate Market Update for Bel Air - Holmby Hills, the market has experienced significant changes. The average sales price has dropped by 53% to $2.95 million, while the average list price saw a slight decline of 1%, now at $20.12 million. The number of properties sold decreased by 44%, with only five homes sold during the month. Homes are spending less time on the market, with the average days on market down by 12% to 67 days. Additionally, the price per square foot has seen a 3% decline, now at $1,093. If you're curious about your home equity or considering buying in the prestigious Bel Air - Holmby Hills area, now might be the time to explore your options. Reach out for expert insights!