16 Richest Neighborhoods in Los Angeles
By: ROS Team
Los Angeles is a city of wealth and glamor, and its neighborhoods reflect that. Here are the 16 rich cities in Los Angeles, based on median home value:
Rich Neighborhoods In LA
1. Bel Air
Median Home Value: $10M
Known For: Its luxury homes, celebrity residents, and stunning views
Notable Residents: The Kardashians, Jay-Z and Beyonce, Jennifer Lopez, and Denzel Washington
Bel Air tops the list of richest areas in Los Angeles. Its opulent real estate, exclusive ambiance, historical ties to prominent residents, and celebrities contribute to its reputation. Sprawling estates, breathtaking vistas, and a notable sense of privacy have attracted wealthy individuals, business moguls, and famous personalities alike over the years.
2. Beverly Park
Median Home Value: $9 million
Known For: Its ultra-luxurious homes, gated community, and privacy
Notable Residents: Samuel L. Jackson, Magic Johnson, and Sylvester Stallone
Beverly Park is recognized as one of the wealthiest neighborhoods in Los Angeles, known for its exclusive gated community that provides exceptional privacy and security. Situated in the renowned Beverly Hills area, this prestigious location offers a prime setting.
The neighborhood comprises expansive estates, often spanning multiple acres, which showcase lavish amenities, breathtaking views, and meticulously landscaped grounds.
3. Pacific Palisades
Median Home Value: $5.5 million
Known For: Its stunning views of the Pacific Ocean, its proximity to the beach, and its upscale shopping and dining
Notable Residents: Arnold Schwarzenegger, Kate Hudson, and David Geffen
Pacific Palisades, a neighborhood in Los Angeles, stands as one of the city’s wealthiest areas due to various contributing factors. Its prime positioning along the captivating coastline invites residents to relish stunning ocean vistas and embrace a serene upscale ambiance that has enticed affluent individuals.
Moreover, the area’s commitment to safety, exceptional educational institutions, and meticulously designed infrastructure further enhance its allure among those seeking a luxurious and tranquil lifestyle in the heart of Los Angeles.
4. Beverly Hills
Median Home Value: $5 million
Known For: Its Rodeo Drive shopping district, its celebrity residents, and its iconic pink canopy crosswalks
Notable Residents: Oprah Winfrey, Ellen DeGeneres, and Tom Hanks
Beverly Hills is renowned as one of the wealthiest neighborhoods in Los Angeles, attracting the affluent and influential with its irresistible charm. This glamorous enclave is famous for its abundance of A-list celebrities, extravagant fashion boutiques, and the iconic 90210 zip code.
Within Beverly Hills Gateway, residences exude luxury and boast an average price that surpasses all others in California.
5. Hidden Hills
Median Home Value: $4.5 million
Known For: Its secluded location, its celebrity residents, and its large lots
Notable Residents: Drake, Kim Kardashian, and Kourtney Kardashian
Hidden Hills, a gated community boasting exquisite estates, ranks as the 5th wealthiest neighborhood in Los Angeles. Its allure stems from a combination of exclusivity and opulent lifestyle, as affluent residents are drawn to its diverse architectural styles and luxurious amenities.
With a mean household income of $383,731, Hidden Hills reflects the prosperity and wealth that permeate this picturesque enclave.
6. Rancho Palos Verdes
Median Home Value: $4 million
Known For: Its stunning views of the Pacific Ocean, its golf courses, and its Mediterranean climate
Notable Residents: Vin Diesel, Jessica Simpson, and Magic Johnson
Rancho Palos Verdes is widely known as one of Los Angeles’ affluent neighborhoods, thanks to its captivating blend of features. It attracts the wealthy with its stunning panoramic views that encompass the Pacific Ocean, Santa Catalina Island, and the bustling cityscape of Los Angeles.
The area’s natural beauty has long been a magnet for those seeking an exclusive retreat. Moreover, this neighborhood prides itself on highly regarded schools, an abundance of horse and hiking trails catering to an active lifestyle, and a reputation as one of the most prosperous ZIP codes in the United States.
7. Manhattan Beach
Median Home Value: $3.7 million
Known For: Its beautiful beaches, its surfing culture, and its upscale restaurants
Notable Residents: Mark Wahlberg, Kate Upton, and Ben Affleck
Manhattan Beach’s standing as one of Los Angeles’ wealthiest neighborhoods can be attributed to several factors. Its exceptional coastal location offers picturesque beachfront properties and breathtaking ocean views.
Additionally, the city’s commitment to education plays a significant role in its prosperity; it is ranked as the second most educated city in Los Angeles County and the fifth most educated in California.
Moreover, the community showcases its vibrant spirit through various annual events and festivals like the International Surf Festival, Manhattan Beach Hometown Fair, and Summer Concerts in the Park.
8. Holmby Hills
Median Home Value: $3.5 million
Known For: Its large estates, its proximity to Beverly Hills, and its celebrity residents
Notable Residents: Tom Cruise, Jennifer Lawrence, and Katy Perry
Holmby Hills is another one of the richest areas in Los Angeles. Its opulent and expansive estates, nestled on spacious lots, provide residents with unrivaled privacy and seclusion. Holmby Hills is also renowned for its extravagant homes boasting lavish amenities such as swimming pools, tennis courts, home theaters, and vast gardens.
9. Beverly Crest
Median Home Value: $3.4 million
Known For: Its luxury homes, its proximity to Rodeo Drive, and it’s quiet streets
Notable Residents: Steve Martin, Gwyneth Paltrow, and Arnold Schwarzenegger
Coming at number 9 in our list of rich cities in Los Angeles is Beverly Crest. With remarkably low population density, this exclusive Westside enclave becomes an appealing sanctuary of peace and prestige.
Cradled within the hills of Santa Monica Mountains just west of Beverly Hills, this neighborhood’s superb location and picturesque surroundings allure affluent residents seeking a harmonious balance between seclusion and urban conveniences.
10. Windsor Square
Median Home Value: $3.3 million
Known For: Its historic homes, its tree-lined streets, and its proximity to the Los Angeles Country Club
Notable Residents: Diane Keaton, Tom Hanks, and Steven Spielberg
Windsor Square holds its position as one of the wealthiest neighborhoods in Los Angeles. Its unique attributes, including historical significance, grand homes, and spacious lots, contribute to this distinction.
Nestled within the Mid-Wilshire region, this affluent urban enclave boasts around 1,100 residences that exude enduring charm and historical resonance similar to Hancock Park.
What truly sets Windsor Square apart is its advantage of larger lot sizes, enabling the creation of even more extravagant and luxurious houses.
11. Santa Monica
Median Home Value: $3.2 million
Known For: Its beautiful beaches, its Third Street Promenade, and its vibrant arts scene
Notable Residents: Ben Stiller, Jennifer Aniston, and Justin Theroux
Santa Monica, located in Los Angeles, is widely recognized as one of the wealthiest neighborhoods. This affluent status arises from its prime coastal location, an abundance of luxurious amenities, and thriving economic prospects.
Upscale shopping districts like Montana Avenue and the Third Street Promenade, an array of exquisite dining options, cultural attractions, and magnificent residential properties contribute to its magnetism for the well-off.
Furthermore, Santa Monica’s proximity to tech and entertainment hubs such as Silicon Beach and Hollywood has resulted in a concentration of lucrative job opportunities that further fuel wealth accumulation within this region.
12. Westwood
Median Home Value: $3 million
Known For: Its proximity to UCLA, its vibrant nightlife, and its diverse cultural offerings
Notable Residents: Natalie Portman, Emma Stone, and Seth Rogen 1
Westwood, located in Los Angeles, stands as one of the wealthiest neighborhoods owing to its prime location, an assortment of upscale amenities, and close proximity to esteemed institutions.
With the prestigious University of California, Los Angeles (UCLA) nestled within its boundaries, Westwood has become revered for both its academic excellence and cultural prominence. This reputation has attracted affluent residents, scholars, and professionals alike, leading to an increased demand for luxury housing and consequently ranking it fourth nationwide in terms of average monthly rent.
13. Century City
Median Home Value: $2.9 million
Known For: Its office towers, its shopping malls, and its proximity to the Los Angeles International Airport
Notable Residents: Reese Witherspoon, Ryan Reynolds, and Blake Lively
Century City’s rise to becoming one of the wealthiest neighborhoods in Los Angeles can be attributed to its multifaceted evolution spanning over the last fifty years. Over time, it has transformed into a thriving center for culture, commerce, and retail.
Today, Century City stands as a highly desirable destination within the city, solidifying its reputation. Bolstering its reputation, the recognition of the 90067 zip code as the 7th wealthiest in the nation by CNN Money underscores its affluence.
Additionally, its deep ties to the film industry and nostalgic connection to old Hollywood have only enhanced its allure and prominence.
14. San Marino
Median Home Value: $2.8 million
Known For: Its quiet streets, its excellent schools, and its proximity to Pasadena
Notable Residents: Jimmy Kimmel, Ellen Pompeo, and John Legend
San Marino is considered one of the wealthiest neighborhoods in Los Angeles due to its affluent community comprised of business executives, celebrities, and high-ranking government officials. This concentration of successful individuals has contributed to a high median income and property values, fostering an environment of luxury living and upscale amenities in the area.
15. La Cañada Flintridge
Median Home Value: $2.7 million
Known For: Its rolling hills, its hiking trails, and its proximity to the Angeles National Forest
Notable Residents: Adam Sandler, Robin Thicke, and David Duchovny
La Cañada Flintridge is renowned as one of the most affluent neighborhoods in Los Angeles. Notably, the presence of NASA’s Jet Propulsion Laboratory contributes significantly to its esteemed reputation by fostering a community of highly skilled professionals in the fields of science and technology.
Nestled against the breathtaking backdrop of the San Gabriel Mountains, this city offers captivating vistas and a serene atmosphere.
16. Encino
Median Home Value: $2.6 million
Known For: Its family-friendly atmosphere, its proximity to the San Fernando Valley, and its abundance of parks and recreation
Notable Residents: Jessica Biel, Justin Timberlake, and Reese Witherspoon
Encino has established itself as one of the most affluent neighborhoods in Los Angeles due to its captivating charm and desirable amenities. With its magnificent hillside residences, picturesque tree-lined roads, and an abundance of parks and dining establishments, Encino offers a top-notch quality of life within the sprawling city.
Adding to its allure is the presence of the Sepulveda Dam and Recreation Area, a serene sanctuary for both wildlife and outdoor enthusiasts alike.
Richest Areas In Los Angeles: Final Thoughts
If you’re searching for a place in Los Angeles that epitomizes luxury, exclusivity, and convenience, these rich neighborhoods in LA offer just that. Each area not only provides stunning homes and top-notch amenities but also places you in close proximity to the city’s vibrant cultural scene, fine dining, and high-end shopping.
Whether you’re drawn to the historic charm of Hancock Park, the star-studded streets of Beverly Hills, or the coastal elegance of Malibu, there’s a neighborhood that perfectly aligns with your lifestyle. When you’re ready to make the move, local movers can help you transition smoothly into your new luxurious surroundings. These communities are more than just places to live—they’re gateways to the unparalleled LA experience, offering a blend of sophistication and accessibility that few other locations can match.