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Beverly Center – Miracle Mile, CA 90048
Beverly Center – Miracle Mile, CA 90048
Introduction Nestled in the heart of Los Angeles, the Beverly Center - Miracle Mile area is a vibrant and dynamic neighborhood that epitomizes the essence of city living. Known for its blend of historic charm and modern sophistication, this area is more than just a location; it's a lifestyle.
A Rich Tapestry of Culture and Convenience Beverly Center - Miracle Mile is an urban oasis that caters to diverse tastes and lifestyles. Flanked by the iconic Beverly Hills to the west and the bustling Downtown LA to the east, it stands as a cultural crossroads, offering residents and visitors alike an unparalleled living experience. The area is home to an array of world-class museums, including the Los Angeles County Museum of Art (LACMA) and the Petersen Automotive Museum, making it a haven for art and history enthusiasts.
Shopping and Dining: A Hub of Activity The Beverly Center, a cornerstone of the area, is a shopperās paradise, boasting a vast selection of high-end retailers and boutiques. Meanwhile, the Miracle Mile strip offers a more eclectic shopping experience, with vintage stores and indie shops. The dining scene is equally impressive, featuring a wide range of cuisines from cozy cafes to gourmet restaurants, catering to every palate.
Architectural Allure and Historic Significance This neighborhood is renowned for its architectural diversity, from classic Art Deco buildings to contemporary structures. The historic El Rey Theatre, a former movie palace now hosting live music events, adds to the areaās unique character. The Tar Pits and the Art Deco buildings along Wilshire Boulevard are testaments to the area's rich history, dating back to the early 20th century.
A Residential Haven Amidst Urban Excitement Living in Beverly Center - Miracle Mile means experiencing the best of urban living. The residential options range from luxury apartments to charming single-family homes, catering to a diverse demographic, from young professionals to families. The area's central location allows for easy access to other parts of the city, making it a highly desirable place to live.
Conclusion The Beverly Center - Miracle Mile area is more than just a neighborhood in Los Angeles; it's a microcosm of the city itself, reflecting its vibrant culture, history, and modernity. Whether you're looking for a day of shopping and dining, a stroll through a museum, or a place to call home, this area offers it all, making it a quintessential part of the Los Angeles experience.
🏡 September 2024 Luxury Real Estate Market Update & Trends for Beverly Center - Miracle Mile 🌟
🔻 Avg Sales Price: $2.63 million, 📉 down 1%
🔻 Avg List Price $2.83 million, 📉 down 1%
🔻 Properties Sold: 6,📉 down 36%
🔼 Days on Market: 77 📆, 📈 UP 94%
🔻 $/Sq FT: $726, 📉 down 26%
Unlock the hidden wealth in your Beverly Center Miracle Mile property! 🗝️💼 Curious about your home equity 💰? Thinking of buying in Beverly Center? 🏠🌴 Let's chat! Send a DM or call us at 📱 310-777-6342 for expert insights!
In September 2024, the Beverly Center-Miracle Mile luxury real estate market saw a slight dip in average sales prices, down by 1% to $2.63 million. Similarly, average list prices decreased by 1%, landing at $2.83 million. Property sales in the area have slowed, with only six homes sold, marking a 36% drop compared to previous periods. The days on market have increased dramatically, up 94% to an average of 77 days, suggesting that properties are taking longer to sell in the current market. Additionally, the price per square foot has dropped by 26%, now averaging $726. If youāre curious about maximizing your home equity or exploring opportunities in this area, letās chat to see how this unique market can work in your favor!
Beverly Center – Miracle Mile, CA 90048 Geographical Location
Beverly Center – Miracle Mile, CA 90048 Mapped Listings for Sale
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Homes Sold in Beverly Center – Miracle Mile, CA 90048