Miracle Mile, California is located to the south of West Hollywood, and east of Beverly Hills. It is also near Los Angeles downtown. It is also near Doheny Drive. This area is diverse and is considered a commercial and residential district. Here you will find retail space, office space, great restaurants, museums, specialty shops, high-end trade shops, art galleries, and hip entertaining venues. Since its revitalization in the 90's this area has become an important shopping district and is aesthetically attractive. It is also desirable due to its proximity to the glamorous entertainment industry, which many people want to reside near to, especially people who are starting in the industry, and want affordable sophistication. Miracle Mile homes are varied, offering many architectural styles, a wide range of prices, and varied square footage.
Now, this aesthetically attractive area is considered a business center and a cultural location. Real Estate in the area comes in a variety of styles, Spanish revival, art deco, and more modern. Here you will find a blend of rental properties, condos, and residential homes. Moderately priced condos may start around the $450,000. Homes for rent may be between $4,000 and $8,000 plus a month. Real estate here goes fast because it is conveniently situated, and well priced. Here you will also find the popular Melrose district were the best designer shops in the area can be found.
Among the most important features of the Miracle Mile homes, you will find spacious rooms, massive fireplaces, sunny porches, elegant staircases, beautiful hardwood floors, green yard and patio, well-remodeled kitchens, manicured gardens, garage or space for parking, tree-lined streets, and other conveniences. Units or homes for rent are available furnished and unfurnished. You will also find some streets that have larger homes priced above the million-dollar range. These include architectural styles such as English cottages, Spanish Estates, Mid-century moderns, English Tudor, and other styles. These elegant mini mansions represent some of the best real estate in the area.
Miracle Mile is about proximity to the best of Los Angeles, and convenience. It is a two-mile stretch that has heavy traffic and is heavily populated. It offers commuting convenience. This urbanized area attracts people from all ages, families, and professionals, as well as singles and couples, who want to be near the glamour of Hollywood. In addition, this is an area where you go for entertainment and great shopping, to watch a good show, have a good time, and enjoy some of the most delicious cuisine. For this reason, real estate in the area goes fast.
This varied market has something for everyone. Since Miracle Mile homes move well, and there is a demand for this area, it is important to enlist the assistance of a knowledgeable real estate agent that can help you navigate this competitive market. The median sale price for homes in this area is in the $900,000. The average listing price is above the $1,100,000. Many homes have been remodeled as they date back to the 1920s; however, many have kept the integrity of their architectural style. These represent some of the most appealing properties in the area.