Welcome to Hollywood Hills
Hollywood Hills is located in the city of Los Angeles in the central region of Los Angeles County in California. It is one of the best places to live in California and it has much to offer to its residents and visitors alike.
This place encapsulates the LA dream of money and fame, and this can be seen everywhere you look when you are in Hollywood Hills, as this place oozes glamour and stardom.
Hollywood Hills has so many restaurants, bars, parks, cafés, and a diverse selection of entertainment venues that you will always want to go do something new, and different, and experience something that only this place can give.
This is a striking neighborhood that is known for its famous LA scenery which includes the Hollywood Sign, the Hollywood Reservoir, and more. Hollywood Hills is one of the most famous and well-known neighborhoods in Southern California.
What to Love
What isn’t there to love about Hollywood Hills. With so much to offer everyone, this place is truly breath-taking and mind-numbingly exciting. When in Hollywood Hills, just some of the things you can take in and love are:
- Luxurious real estate
- Energetic recreational scenes and events
- Beautiful cityside views
- Sense of privacy
- The one of a kind lifestyle
- Hollywood Hills Vacation Rentals & Luxury Homes
The Communities of the Hollywood Hills Neighborhood
There are many different communities that Hollywood Hills is comprised of and that make Hollywood Hills what it is today. They all offer something unique and wonderous that gives you a reason to visit them.
There is the Sunset Strip which is known for its commercial area that has many bars, restaurants, music venues, and offers people a great nightlife to enjoy. This area also has many luxury estates which include the Bird Streets and Doheny Estates. The Whitley Heights area is another well-known Hollywood Hills area renowned for its luxury homes, specifically the Spanish-style homes. This area is close to the Hollywood Bowl and allows residents to quickly reach the Bowl and enjoy their evening there. Hollywood Heights is another popular area which is within walking distance of the Hollywood Bowl and is home to the public stairways (Secret Steps) that people mainly use for their cardio workouts, you may have seen this a lot in social media posts.
There are so many more communities in Hollywood Hills, these are just a few of the many popular ones. Others include Beachwood Canyon, The Oaks, Laurel Canyon, and Outpost Estates. Hollywood Hills truly is clustered with well-known areas and communities that you should explore and experience first-hand.
Dining, Shopping, and Entertainment
There are so many restaurants, shops, and entertainment venues that are offered in Hollywood Hills. There is a massive selection, you just need to go on a short walk almost anywhere in lower Hollywood Hills and you’ll find somewhere to check out.
The Sunset Strip is a popular commercial area which has many restaurants, shops, nightlife venues such as clubs, bars, comedy clubs, hotels, and more. Downtown Hollywood has many eateries and clubs too and the nightlife can be hectic when the weekend rolls around, so if that’s what you are looking for, you need to check out this area.
Franklin Village has many restaurants as well, most of which have sidewalk tables which let you enjoy the ongoing of daily Hollywood Hills while you fill your stomach and get some energy to carry on with your day. Many shows can be seen in this area too, such as the Upright Citizens Brigade’s improv show which has countless people waiting in line just to get in
Things to Do
Where would you even begin; Hollywood Hills has an almost endless supply of ‘Things To Do’. From hiking on the picturesque trails that are located among expansive parks to socializing with many types of people in the high-end restaurants and event venues. Hollywood Hills offers a massive spectrum of activities that you can enjoy.
You can visit Griffith Park which is the 11th largest municipal park in the entire United States of America. It has so much to offer visitors, some of its activities include hiking, biking, and horse riding on the 53 miles of trails in the park. Golfing on either the 2 available 18-hole courses or the 9-hole course, enjoying the large open areas to have a picnic or play sports and other outdoor games with friends and family, visiting the outdoor amphitheater, the Griffith Observatory, the Los Angeles Zoo, or the Los Angeles Equestrian Center.
You can visit the famous Runyon Canyon to enjoy the beautiful park, go on a short hike, exercise, or just to relax and pass some time hanging out with friends. Not as many tourists visit this area, so it usually has a lot more locals hanging around throughout the day. Other areas you can visit and find things to do include the Hollywood Bowl, which is an outdoor music venue visited by many, the Hollywood Reservoir, another stunning place for hiking and biking, and the Jerome C. Daniel Overlook which offers one of the best views in Hollywood Hills.
Schools
There are many different schools in Hollywood Hills which include public, private, and charter schools. Some of the best schools in this area are:
- Wonderland Avenue Elementary School – Public
- Oaks School - Private
- Friends of West Hollywood Elementary – Public
- Beverly Hills Children's Academy – Public
- West Hollywood Preparatory School – Private
- Valley View Elementary School – Public
- Los Angeles Musical Theater Studio – Private
- Cheremoya Avenue Elementary School - Public
Restaurants
République | 624 S. La Brea, Hancock Park, CA
Katana | 8430 Sunset Blvd, West Hollywood, CA
The Ivy | 113 N. Robertson Blvd, West Hollywood, CA
Gracias Madre | 8905 Melrose Ave, West Hollywood, CA
Rosaliné | 8479 Melrose Ave, West Hollywood, CA
Animal | 435 N. Fairfax Ave, West Hollywood, CA
TART | 115 S. Fairfax Ave, West Hollywood, CA
Night + Market | 9041 Sunset Blvd, West Hollywood, CA
Sushi Park | 8539 Sunset Blvd #20, West Hollywood, CA
Tesse | 8500 Sunset Blvd, West Hollywood, CA
Lucques | 8474 Melrose Ave, West Hollywood, CA
Employees Only | 7953 Santa Monica Blvd, West Hollywood, CA
Take Out
Joan’s on Third | 8350 W. 3rd St, West Hollywood, CA
Mozza2Go | 6610 Melrose Ave, Los Angeles, CA
Sack Sandwiches | 8915 W Sunset Blvd, West Hollywood, CA
SUGARFISH | 26115 Sunset Blvd #170, Los Angeles, CA
Croft Alley | 8428 Melrose Pl, West Hollywood, CA
Summer Buffalo | 7275 Melrose Ave, Los Angeles, CA
Luv2eat Thai Bistro | 6660 Sunset Blvd, Los Angeles, CA
Coffee & Juice
Verve Coffee Roasters | 8925 Melrose Ave, West Hollywood, CA
Alfred | 8428 Melrose Pl, West Hollywood, CA
Assembly | 634 N. Robertson Blvd, West Hollywood, CA
Coffee Commissary Weho | 801 N. Fairfax Ave, West Hollywood, CA
Blue Bottle Coffee | 8301 Beverly Blvd, West Hollywood, CA
Grocery / Bodegas / Hardware Etc..
Erewhon | 7660 Beverly Blvd, West Hollywood, CA
The Oaks Gourmet | 1915 N. Bronson Ave, Hollywood, CA
Belcampo Meat Co | 8053 W. 3rd St, West Hollywood, CA
Larchmont Village Wine & Cheese | 223 N. Larchmont Blvd, Hancock Park, CA
Larchmont Farmers Market | 209 N. Larchmont Blvd, Hancock Park, CA
Hollywood Farmers Market | 1600 Ivar Ave, Hollywood, CA
Melrose Place Farmers Market | 8400 Melrose Ave, West Hollywood, CA
Shopping
Max & Moritz | 7209 Santa Monica Blvd, West Hollywood, CA
Heath Ceramics | 7525 Beverly Blvd, West Hollywood, CA
OK Store | 8216 W. 3rd St, West Hollywood, CA
Mud Australia + Vitsœ Los Angeles | 8216 W. 3rd St, West Hollywood, CA
Ige | 7382 Beverly Blvd, West Hollywood, CA
Not So General | 7209 Santa Monica Blvd, West Hollywood, CA
Opening Ceremony | 451 N. La Cienega Blvd, West Hollywood, CA
Ron Herman | 8100 Melrose Ave, West Hollywood, CA
RTH Shop | 537 & 529 N. La Cienega Blvd, West Hollywood, CA
Vince | 8538 Melrose Ave, West Hollywood, CA
The GREAT | 8575 Melrose Ave, West Hollywood, CA
Outdoor Voices | 8425 Melrose Ave, West Hollywood, CA
Flicka | 204 N. Larchmont Blvd, Hancock Park, CA
Noodle Stories | 8323 W. 3rd St, West Hollywood, CA
L’Eclaireur | 450 N. Robertson Blvd, West Hollywood, CA
Fitness & Wellness
GST Body | 7562 Sunset Blvd, Hollywood, CA
Lagree Fitness Studio | 375 N. La Cienega Blvd, West Hollywood, CA
LIT Method | 358 S. La Cienega Blvd, West Hollywood, CA
Hyperslow | 487 South Fairfax, West Hollywood, CA
Y7 Studio | 8270 Melrose Ave, West Hollywood, CA
The Now | 7611 Beverly Blvd, West Hollywood, CA
VEDA | 606 Westmount Dr, West Hollywood, CA
Heydey Los Angeles | 7228 Beverly Blvd, West Hollywood, CA
Face Place LA | 8701 Santa Monica Blvd, West Hollywood, CA
Ole Henriksen Face & Body Spa | 8622 Sunset Blvd, West Hollywood, CA
Hollywood Hills East: 3-Year Market Projection
2026
• Active Listings: Expected to hover around 290–310, reflecting continued turnover but no major inventory surge.
• Closed Sales: Likely around 90–100, stabilizing after 2025’s slowdown.
• Median Prices: Modest stability, list ~$1.82M–$1.85M, sold ~$1.80M–$1.83M.
• $/Sq.Ft.: ~$900–$920, slightly softer as buyers remain cautious.
• Key Factor: Elevated mortgage rates and economic uncertainty keep volume muted, but sellers resist deep discounts.
• Active Listings: Expected to ease to 275–290, as only serious sellers stay on market.
• Closed Sales: Gradual rebound to 105–115, reflecting improved buyer absorption.
• Median Prices: Renewed traction, list ~$1.85M–$1.90M, sold ~$1.83M–$1.87M.
• $/Sq.Ft.: ~$925–$950, showing gentle appreciation as confidence returns.
• Key Factor: A shift in Federal Reserve policy or easing inflation may lower borrowing costs, reactivating demand.
• Active Listings: Balanced around 265–280, aligning closer to mid-2010s levels.
• Closed Sales: Rebound to 120–130, approaching healthier turnover rates.
• Median Prices: Continued appreciation, list ~$1.90M–$1.95M, sold ~$1.87M–$1.92M.
• $/Sq.Ft.: ~$960–$990, approaching 2023’s peak values in a more sustainable manner.
• Key Factor: Global wealth inflows and Los Angeles’ enduring luxury appeal support long-term price resilience, despite slower transaction velocity.
• Short-term (2026): Stabilization, with volumes near 2025 but no major price erosion.
• Mid-term (2027): Recovery phase begins, with stronger absorption and modest price gains.
• Long-term (2028): Market rebalances, sales activity normalizes, and $/Sq.Ft. values regain peak territory.
Bottom Line: Hollywood Hills East is emerging from its post-pandemic correction. While turnover remains slow in the near term, limited supply and luxury demand set the stage for renewed stability and moderate appreciation through 2028.
Download Hollywood Hills Data
Analysis of Hollywood Hills East (2013–2025)
1. Market Activity: Active Listings & Closed Sales
• Active Listings generally ranged between 278 and 338 during the mid-2010s, peaking in 2017 (338 listings).
• Closed Sales peaked in 2021 (212 transactions), fueled by record-low interest rates and pandemic-driven demand.
• By 2025, only 83 sales closed, down nearly 61% from 2021, highlighting severe buyer pullback and slower absorption.
• 2013–2017 maintained 44–57% closure rates, showing steady demand relative to inventory.
• The market surged in 2021 (64.4%), its strongest absorption rate in over a decade.
• By 2025, closure rate fell to just 27.2%, one of the weakest points in the timeline, reflecting a buyer’s market where many homes linger unsold.
• Median List Price increased from $899K in 2013 to a peak of $1.90M in 2024 before flattening to $1.80M in 2025.
• Median Sold Price mirrored this trend, climbing from $975K in 2013 to $1.94M in 2024, then slipping slightly to $1.80M in 2025.
• Market phases:
- 2013–2019: Tight list-to-sold alignment, sellers retained leverage.
- 2020–2022: Sold prices exceeded list, confirming bidding wars.
- 2023–2025: Buyers regained leverage, sold prices flattened or trailed list prices.
• Total sales volume peaked in 2021 at $417M, benefiting from both elevated prices and high transaction counts.
• By 2025, volume fell to $168M, down nearly 60% from peak, as sales activity slowed sharply despite elevated pricing.
• Compared to early years (~$190M in 2013–2015), volumes remain higher due to luxury appreciation, even with reduced transaction counts.
• Average $/Sq.Ft. nearly doubled over the cycle:
- 2013: $491/Sq.Ft.
- 2021: $844/Sq.Ft. (pandemic surge).
- 2023: $956/Sq.Ft. (peak density value).
- 2025: $909/Sq.Ft., showing a modest correction but no collapse.
• This reflects resilient long-term demand, with buyers willing to pay higher per-foot premiums for hillside properties.
• Sale-to-List Ratios held steady at 98–99% for most of the cycle.
• 2020–2022 exceeded 100%, reflecting intense competition and bidding wars.
• By 2024–2025, ratios normalized to ~99%, confirming a shift back to buyer negotiation.
• 2013–2019: Steady appreciation and consistent absorption — a balanced, healthy hillside submarket.
• 2020–2021: Unprecedented boom — record absorption, values, and velocity.
• 2022–2025: Correction phase — volumes and closure rates decline, $/Sq.Ft. softens, yet values remain far above early-decade levels.
Hollywood Hills East remains a premium hillside market, shaped by its central location, luxury appeal, and limited land supply. While absorption and transaction counts have slowed dramatically since 2021, the neighborhood’s pricing resilience and long-term appreciation trajectory point to stability rather than collapse. Looking forward, modest appreciation is expected, but with slower turnover as higher financing costs and selective buyer demand temper market activity.
Hollywood Hills Real Estate
Hollywood Hills Vacation Rentals & Real Estate Blog
Browse this blog to learn more about real estate market trends and investing in a vacation home in Hollywood Hills.
