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

🔼 Avg Sales Price: $7.27 million, 📈 UP 32% It’s a hot market!

🔻 Avg List Price $19.21 million, 📉 down 9%

🔻 Properties Sold: 5, 📉 down 44%

🔻 Days on Market: 18 📆, 📉 down 65%

🔻 $/Sq FT: $985, 📉 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!

In April 2024, the Bel Air-Holmby Hills area, a key part of Los Angeles' prestigious Platinum Triangle which includes Beverly Hills and Holmby Hills, demonstrated its continued status as a pinnacle of luxury and exclusivity. The average sales price in this elite neighborhood soared by 32% to approximately $7.27 million compared to the previous three months, highlighting strong market appreciation despite the average listing price adjusting downward by 9% to about $20 million. The market saw a reduction in the number of properties sold, with five transactions in April, marking a 44% decrease from earlier periods, yet homes are moving faster than ever, with the average days on market plummeting by 65% to just 18 days. Additionally, the price per square foot slightly decreased by 3% to $985, reflecting a subtle shift in pricing strategies among sellers. This dynamic market underscores a robust demand for luxury properties, where significant value and quick sales typify current trends. For those considering a venture into or selling within this exclusive market, understanding these trends is crucial. Connect with us to explore how you can leverage these market dynamics to fulfill your real estate ambitions in Bel Air-Holmby Hills.