BanCorp Realty: Orange County's Real Estate Blog : Grand and Venerable, Effusive and Striking Beverly Hills Los Angeles Real Estate

If you are in the area looking at the Beverly Hills residential market, and then have some extra time left over at the end of the day, you will find that there are all kinds of fun things to do in and around the city of Beverly Hills. The Hollywood Sign, which is located on Mount Lee, in the Hollywood Hills area of the Santa Monica Mountains is a landmark and American cultural icon, and Universal Studios Hollywood is a film studio and theme park in the unincorporated Universal City community of the San Fernando Valley region. The TCL Chinese Theatre is the most iconic movie palace in the world. With over 50 events a year, including movie premiers, imprint ceremonies, and film festivals, the theatre continues to make Hollywood history every day. The Beverly Hills homes for sale are found in close proximity to the Getty Center were you can view European and American art, from medieval times to the present, with modern design, open spaces, and breathtaking views. The Hollywood Walk of Fame comprises more than 2,500 five-pointed terrazzo and brass stars embedded in the sidewalks along 15 blocks of Hollywood Boulevard and three blocks of Vine Street in Hollywood.

The Beverly Hills real estate market benefits from being just a shot commute away from the Walt Disney Concert Hall which is the home of the Los Angeles Philharmonic, presenting the best in classical music, contemporary music and world music, it is also close to the Hollywood Bowl, which is a 1920s amphitheater in the Hollywood area that is used primarily for music performances. The Beverly Hills properties are close to the Staples Center where the Los Angeles Lakers and Clippers play basketball, and the Los Angeles Kings play hockey, there are also events and concerts going on there throughout the year. The Broad is a new contemporary art museum built by philanthropists Eli and Edythe Broad on Grand Avenue in downtown Los Angeles. The museum, which is designed by Diller Scofidio and Renfro in collaboration with Gensler will offer free general admission. The Los Angeles Zoo and Botanical Gardens is a 133-acre zoo founded in 1966. The Dolby Theatre is a live-performance auditorium in the Hollywood and Highland shopping mall and entertainment complex, on Hollywood Boulevard and North Highland Avenue. BanCorp REG® has always stood for easier and faster™ Beverly Hills real estate – view Beverly Hills mansions for sale where our local Beverly Hills Realtors offer a rare insider’s perspective into the market.

The Beverly Hills residential market is close to Madame Tussauds Hollywood which is a wax museum and tourist attraction located on Hollywood Boulevard, it is also close to Universal CityWalk which are the entertainment and retail districts located adjacent to the theme parks of Universal Parks and Resorts. The Petersen Automotive Museum is located on Wilshire Boulevard along Museum Row in the Miracle Mile neighborhood of Los Angeles, and the Runyon Canyon Park is a 160-acre park in Los Angeles located at the eastern end of the Santa Monica Mountain. The Mark Taper Forum is a 739-seat thrust stage at the Los Angeles Music Center designed by Welton Becket and Associates on the Bunker Hill section of Downtown Los Angeles, and The GRAMMY Museum, is an interactive, educational museum devoted to the history and winners of the Grammy Awards. The Beverly Hills homes for sale are close to the Grauman’s Theatre where there website states: Contributing to the revitalization of the City of Hollywood, the American Cinematheque has restored/renovated the historically significant 1922 Egyptian theatre which is now the American Cinematheque’s permanent home, as well as a major Hollywood landmark and state-of-the-art showcase theater.

Travel Town Museum is a transport museum dedicated on December 14, 1952 and located within the northwest corner of Los Angeles, and the Venice Canal Historic District is a district in the Venice section of Los Angeles, California. The district is noteworthy for its man-made canals built in 1905 by developer Abbot Kinney. El Capitan Theatre is a fully restored movie palace at 6838 Hollywood Boulevard in Hollywood, and the Dorothy Chandler Pavilion is one of the halls in the Los Angeles Music Center. The Music Center's other halls include the Mark Taper Forum, Ahmanson Theatre, and Walt Disney Concert Hall. The Beverly Hills real estate market is just a short commute from Little Tokyo, also known as Little Tokyo Historic District, which is an ethnically Japanese American district in downtown Los Angeles and the heart of the largest Japanese-American population in North America, it is also close to the Hotel Bel-Air which is a boutique hotel located in Bel-Air, Los Angeles. BanCorp REG® offers a rare insider’s perspective into Beverly Hills real estate – where our search for Beverly Hills homes for sale, CA is facilitated by market-savvy Beverly Hills Realtors.

The Most notable landmarks of the Beverly Hills residential market include; Roxbury Memorial Park, Greenacres, Beverly Hills Police Department, Beverly Gardens Park, Electric Fountain, Beverly Hills High School, Beverly Hills Hotel, Beverly Wilshire Hotel, Greystone Mansion, Rodeo Drive, Beverly Hills City Hall, Will Rogers Memorial Park, Virginia Robinson Gardens, and Beverly Hills 9/11 Memorial Garden. Beverly Hills is home to one Fortune 500 company, Live Nation Entertainment. Since 2011, the headquarters of Metro-Goldwyn-Mayer have been located in Beverly Hills. At one point, Hilton Hotels Corporation had its corporate headquarters I in Beverly Hills. The original headquarters of GeoCities (at first Beverly Hills Internet) was located on Wilshire Boulevard. Underneath the Beverly Hills real estate market is a large and still productive Beverly Hills Oil Field, serviced by four urban drilling islands, which drill diagonally into the earth underneath the city.

In the 1950’s Paul Trousdale bought the grounds in the Beverly Hills real estate market that is known as Doheny Ranch and developed it into the Trousdale Estate, later convincing the city of Beverly Hills to annex it. In the late 1990s, the Los Angeles County Metropolitan Transportation Authority proposed to build an extension of the Metro Red Line among where the Beverly Hills properties were situated along Wilshire Boulevard and into downtown Beverly Hills, but the city opposed it. In the early 1940s, black actors and businessmen had begun to move into the Beverly Hills real estate market, despite the covenants allowing only whites to live in the city. A neighborhood improvement association attempted to enforce the covenant in court. The NCAAP participated in the defense, which was successful. In his decision, federal judge Thurmon Clarke said that it was time that "members of the Negro race are accorded, without reservations or evasions, the full rights guaranteed to them under the 14th amendment. The United States Supreme Court declared restrictive covenants unenforceable in 1948 in Shelley versus Kraemer. A group of Jewish residents of Beverly Hills filed an amicus brief in this case.

In the early 1930s, The Beverly Hills properties found in the Santa Monica Park area were renamed Beverly Gardens and and were extended to span the entire two-mile length of Santa Monica Boulevard through the city. The Electric Fountain marks the corner of Santa Monica Blvd. and Wilshire Blvd. with a small sculpture at the top of a Tongva kneeling in prayer. In April 1931, the new Italian Renaissance-style Beverly Hills City Halls was opened. In 1925, the people who lived within the Beverly Hills real estate market approved a bond issue to buy 385 acres for a new campus for University of California Los Angeles. The cities of Los Angeles, Santa Monica and Venice also issued bonds to help pay for the new campus. In the late 1920’s, the Beverly Wilshire Apartment Hotel (now the Beverly Wilshire Hotel) opened on Wilshire Boulevard between El Camino and Rodeo drives, part of the old Beverly Hills Speedway. That same year oilman Edward L Doheny finished construction of Greystone Mansion, a 55-room mansion meant as a wedding present for his son Edward L. Doheny, Jr. The house is now owned by the city of Beverly Hills.

By the early 1920s the population of the Beverly Hills real estate market had grown enough to make the water supply a political issue. In 1923 the usual solution, annexation to the city of Los Angeles, was proposed. There was considerable opposition to annexation among such famous residents as Pickford, Fairbanks, Will Rogers and Rudolph Valentino. The Beverly Hills Utility Commission, opposed to annexation as well, managed to force the city into a special election and the plan was defeated. Burton Green began construction on The Beverly Hills Hilton Hotel in 1911. The hotel was finished in 1912. The visitors drawn by the hotel were inclined to purchase land in Beverly Hills, where they were able to build Beverly Hills properties, that would later go onto the LA MLS as Beverly Hills homes for sale and by 1914 the subdivision had a high enough population to incorporate as an independent city. That same year, the Rodeo Land and Water Company decided to separate its water business from its real estate business. The Beverly Hills Utility Commission was split off from the land company and incorporated in September 1914, buying all of the utilities-related assets from the Rodeo Land and Water Company.

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BanCorp Realty: Orange County's Real Estate Blog

Friday, October 16, 2015

Grand and Venerable, Effusive and Striking Beverly Hills Los Angeles Real Estate

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