Hollywood is a neighborhood in Central Los Angeles. It sits north of the Hancock Park and Larchmont Village neighborhoods, and extends northward towards the Hollywood Hills. It is bordered to the west by West Hollywood and to the east by Los Feliz.
Hollywood was established in 1853, with a single adobe hut on a stretch of land just west of Los Angeles. Sixty-one years later, in 1914, Cecille B. DeMille shot Hollywood’s first feature-film- officially launching the Hollywood film industry and giving rise to what would eventually become the “The Entertainment Capital of the World.” Today, Hollywood covers approximately 3.5 square miles and is home to over 85,000 people.
I rarely have clients who say “find me a home in Hollywood”; they mostly want the outskirts. This city is mostly made up of renters and there is ALWAYS traffic and tourists. I have seen a lot of improvement over the last 10 years, and Hollywood is becoming less embarrassing. Well, somewhat less embarrassing….
About once a month, we will hit the Arclight for a movie, then walk to one of the many newer surrounding restaurants. We stay away from Hollywood and Highland, my least favorite mall in the world. Too much gridlock and parking fees add up quickly. As of April 2016, there are 21 single family residences for sale in Hollywood starting at $449k to $2.4M and 24 condos starting at $369k to $1,490,000.
Over 40 million tourists visit Los Angeles each year, largely drawn in by numerous the sights and attractions all in the shadow of the iconic Hollywood sign. Among them are the stars along the Hollywood Walk of Fame, footprints in front of the historic Chinese Theater, the Kodak (now Dolby) Theater- home to the Academy Awards, and of course the Hollywood sign itself.