Holmby Hills is one of the most exclusive neighborhoods in the United States. The area is part of the Platinum Triangle of affluence along with Beverly Hills and Bel Air. Even though Holmby Hills is smaller than the other two cities, it is known to be the most high-class of the three. Holmby Hills is situated north of Wilshire Blvd., east of Beverly Hills, south of Bel Air, and west of Beverly Glen Blvd. The northern part has a 90077 zip code, while the southern part of Holby Hills has a 90024 zip code.
The area attracts the wealthy and the well-known due to its large estates, which offer plenty of space and privacy. Many homes also contain panoramic views of the entire Los Angeles basin. Notable homes in Holmby Hills include the Playboy Mansion and Spelling Manor. Former residents include Walt Disney, Clark Gable, Judy Garland, Marilyn Monroe, Michael Jackson, and Frank Sinatra. The houses in Holmby Hills range from recently built mansions to some of the most historic estates in all of Los Angeles.
Holmby Hills is perfect for families. It houses three public schools, a private school, and is located only a few blocks from the University of California, Los Angeles. There is also the Holmby Hills Park, which has two playgrounds and a golf course, and the De Neve Square Park, where Elvis Presley organized touch football games in the 1950’s and 1960’s. The Los Angeles Country Club is nearby and many Holmby Hills residents are members. Those with an appreciation for art will love living near the Fredrick R. Weisman Art foundation. The gallery features works by Pablo Picasso, Andy Warhol, and Alberto Giacometti.
The town is also easily accessible to Sunset Blvd, which is where many of the best restaurants and shopping destinations in Los Angeles are located.
The median home value in Holmby Hills is $3,187,100. Holmby Hills home values have gone up 16.8% over the past year and Zillow predicts they will rise 6.1% within the next year.
Foreclosures will be a factor impacting home values in the next several years. In Holmby Hills 0.8 homes are foreclosed (per 10,000). This is lower than the Los Angeles-Long Beach-Anaheim CA Metro value of 1.7 and also lower than the national value of 3.2