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Beverly Hills, CA Real Estate


According to census data in the year 2000 there were 15,855 housing units in Beverly Hills. This represents a 0.8% growth from 15,723 in 1990.

Of those housing units, 15,855 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Beverly Hills is about 43.5%. Beverly Hills's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Beverly Hills were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type6.50%
One Bedroom29.20%
Two Bedrooms25.70%
Three Bedrooms17.40%
Four Bedrooms12.80%
Five Bedrooms or more8.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1948
Median Value of occupied units$1,000,001
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1953
Median Monthly Rent asked for vacant units$1,172

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.10%
Home Equity Loan6.90%
Simple Mortgage52.20%
Debt Free35.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%