Real estate is incredibly expensive in Los Angeles and in California in general, but this is just crazy. A plot of land with basically nothing on it just went up for sale with a price of $1 Billion. That’s right. $1 Billion with a “B. ”Now, the land is located on top of a giant hill in the heart of Beverly Hills, but that’s still pretty crazy. Only 20 years ago, the land was bought for $8.7 million. Times have changed.
If you have a spare $1 Billion laying around, get in touch with real estate agent Aaron Kirman.