Hollywood Real Estate

Much of Hollywood real estate is divided into two separate areas: Hollywood and West Hollywood. According to the Relocate America Community Directory, Hollywood is in the center of Los Angeles County among West Hollywood, Beverly Hills, Los Feliz, and Silverlake. West Hollywood is located within this area and offers unique homes built in the 30's and 40's that have been upgraded and updated. Realty Times explains that West Hollywood is close to the shops of Melrose Avenue and chock full of fine restaurants.

Prices and Types of Hollywood Homes:

Houses in Hollywood are priced from around $300,000 to $780,000 according to the Relocate America Community Directory. The average home costs $500,000. These types of homes include single family, residential, commercial, investment, town homes, and condos.

Prices and Types of West Hollywood Homes:

The Relocate America Community Directory shows the dramatic difference between the prices of Hollywood homes and the prices West Hollywood Homes. The average price of a West Hollywood home is $842,000, although houses do range from approximately $680,000 to $1,500,000. The types of properties available include single family, residential, town homes, and condos.

About the Hollywood, California Area:

The Relocate America Community Directory explains that Hollywood was founded in 1888 as part of a development. The city is about 18 square miles and houses almost 300,000 people. The average household income in Hollywood is $64,376. The price of homes in California, specifically Hollywood real estate, increased 17.3 percent from 2001 and 2002 according to Realty Times and the trend is predicted to continue increasing.