Malibu is maybe second to Beverly Hills in terms of international profile and recognition, but for much different reasons. While the latter is a center for glamour and visibility, Malibu offers the equal and opposite appeal. It is removed, secluded and hemmed in by the ocean on one side and the Santa Monica mountains on the other. As a result, Malibu is essentially one long street, the Pacific Coast Highway, with homes and a few stores on either side of it. Pepperdine University serves as the focal point of the area, as most of the limited commercial developments are in the immediate vicinity of the university.
Due to its relatively close access to LA, stunning scenery, and intimate community feel, Malibu has become a highly sought-after area for LA's wealthy, with seemingly endless stretches of multi-million dollar property jutting out into the pacific.
To the north of this area, lie the portion of where the canyons descend into the City. Equally luxurious as the flats, the portion of Beverly Hills north of Sunset is oftentimes more expensive, simply because it offers views and lot sizes far larger than those of the adjacent neighborhood to the south.
Although not as prominent in people's imaginations, is the section of Beverly Hills to the south of Wilshire. This area offers a true-community feel of somewhat modest bungalows, tree lined streets and homes where you can still purchase for less than $3M.
Besides the lofty price tags, and personalities it attracts, Beverly Hills is also a small city - a small city surrounded by Los Angeles. For those that live here, the insular nature of small communities is felt in the friendly atmosphere you encounter at Roxbury Park, seeing your neighbors at the Whole Foods, the High School Plays at Beverly Hills High. It really is a true community, and that is probably more of a reason to live here than anything else.