Beverly Hills is also well known for its unparalleled couture shopping experience on legendary Rodeo Drive. Hundreds flock to this three-block shopping haven every year which includes boutiques like Gucci, Prada, Valentino, Armani and Dior. Rodeo Drive also houses a larger shopping district that's trendy, more moderately priced and still as luxe as the city itself.

Although sections of the city feature modest homes and condominiums, much of L.A.'s affluent population reside in stately Beverly Hills mansions on the hilltops. The average home price is $898,000, but Dataquick real estate news reported a record surge in the sale of million-dollar-homes on the Beverly Hills real estate market over the last three years. Money.cnn.com also recorded the median home price at $1.3 million with about 20 percent home value appreciation for Beverly Hills homes for sale in the last two to five years. Make this dream your reality and start your Beverly Hills home search today!