This specific address denotes a property located in Beverly Hills, California. It follows a standard US address format, incorporating a house number, street direction, street name, city, state abbreviation, and zip code. This format allows for precise geolocation and efficient mail delivery.
The location places the property within a highly desirable and affluent neighborhood known for its luxury real estate, proximity to entertainment industry hubs, and upscale amenities. Beverly Hills’ 90210 zip code is recognized globally, carrying connotations of prestige and exclusivity. Real estate in this area often holds significant value due to its location and limited availability.
Understanding the geographic and cultural context of this address provides a foundation for exploring related topics, such as the local real estate market, community demographics, and the history of Beverly Hills. Further investigation could analyze property values, architectural styles prevalent in the area, or the impact of the entertainment industry on the city’s development.
1. Location
Location significantly impacts the value and desirability of real estate. For a property identified as 345 N Maple Drive Beverly Hills, CA 90210, understanding the implications of its location is crucial for a comprehensive assessment.
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Geographic Coordinates
Precise latitude and longitude coordinates pinpoint the property’s position on the Earth’s surface. These coordinates allow for mapping, navigation, and integration with geographic information systems. This precise positioning is fundamental for property identification and legal documentation.
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Neighborhood Context
The property’s location within North Maple Drive places it within a specific neighborhood of Beverly Hills. This neighborhood context influences factors such as school districts, local amenities, and community demographics. These factors contribute significantly to the overall desirability and market value of the property.
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Proximity to Points of Interest
Distance to key points of interest, such as shopping centers, entertainment venues, transportation hubs, and major roadways, significantly influences property value. Proximity to desirable amenities typically increases desirability and market value. Conversely, proximity to less desirable features can negatively impact value.
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Accessibility and Transportation
Accessibility, considering factors such as roadway access, public transportation availability, and walkability, affects the convenience and desirability of a property. Easy access to major transportation routes and public transportation options generally enhances a property’s value.
These facets of location, combined with the inherent prestige of Beverly Hills, contribute significantly to the overall profile and market value of a property at an address like 345 N Maple Drive. The interplay of these location-based factors ultimately shapes the property’s desirability and perceived value within the real estate market.
2. Property Value
Property value, a crucial aspect of real estate, represents the monetary worth of a specific property at a particular point in time. For a property like one located at 345 N Maple Drive, Beverly Hills, CA 90210, understanding the factors influencing its value is essential. Several key elements contribute to the overall valuation.
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Location and Market Conditions
The Beverly Hills real estate market is known for its high property values, driven by factors such as exclusivity, desirability, and limited inventory. The specific location within Beverly Hills, even within the same zip code, can influence value due to proximity to amenities, views, and neighborhood characteristics. Current market trends, including buyer demand and interest rates, also play a significant role in determining property valuations.
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Property Features and Size
The physical characteristics of the property, such as the size of the lot, square footage of the living space, number of bedrooms and bathrooms, and the presence of amenities like pools or outdoor spaces, directly impact value. Architectural style, construction quality, and the age of the property also contribute to the overall assessment.
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Comparable Sales and Market Analysis
Recent sales of similar properties in the same area provide a benchmark for estimating the current market value. A comparative market analysis considers factors such as property size, features, and location to determine a reasonable price range. This data-driven approach provides a realistic assessment of a property’s worth in the current market.
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Potential for Future Appreciation
Investors and homeowners often consider the potential for future appreciation when evaluating property value. Factors such as projected neighborhood development, planned infrastructure improvements, and long-term market trends can influence the anticipated future value of a property. This forward-looking perspective is essential for long-term investment decisions.
These factors, when considered together, provide a comprehensive framework for understanding the property value associated with an address like 345 N Maple Drive. The interplay of market dynamics, property features, and future potential ultimately determines the overall value and investment potential of a property in this exclusive location.
3. Beverly Hills Prestige
Beverly Hills holds a globally recognized status synonymous with luxury, exclusivity, and affluence. This prestige significantly impacts the perception and market value of properties within its boundaries, including a specific address like 345 N Maple Drive. The city’s carefully cultivated image, fostered by its history as a haven for the entertainment industry elite and its stringent zoning regulations, contributes to a highly desirable residential environment. This desirability translates into a premium on property values, reflecting the intangible value associated with the Beverly Hills name.
The connection between Beverly Hills prestige and a specific address operates on several levels. Firstly, the address itself becomes imbued with the city’s overall image. Residing in Beverly Hills confers a certain social status, and the address serves as a tangible representation of this status. Secondly, the city’s commitment to maintaining high standards in terms of aesthetics, public services, and safety contributes to the desirability of its neighborhoods. Properties located within these well-maintained and exclusive enclaves benefit directly from this carefully curated environment. For instance, the presence of high-end retail establishments, renowned restaurants, and meticulously landscaped public spaces enhances the overall living experience and contributes to the premium associated with a Beverly Hills address. The stringent building codes and architectural review processes ensure a consistent level of quality and aesthetic appeal, further reinforcing the city’s prestigious image.
Understanding the interplay between Beverly Hills prestige and individual property addresses provides valuable insight into the dynamics of the local real estate market. This prestige acts as a significant driver of property values, contributing to the long-term appreciation potential often associated with real estate in this area. While tangible factors like property size and features play a role, the intangible value associated with the Beverly Hills name remains a powerful force in the market. This understanding is crucial for both buyers and sellers, enabling informed decision-making within a highly competitive and exclusive real estate environment. The historical context of Beverly Hills, its evolution as a prestigious enclave, and its ongoing efforts to maintain its exclusive image all contribute to the enduring value and desirability associated with addresses within its boundaries.
4. 90210 Zip Code
The 90210 zip code is intrinsically linked to the address 345 N Maple Drive, Beverly Hills, CA 90210, as it geographically defines the property’s location within the city. More significantly, the 90210 zip code carries cultural weight and symbolic meaning far beyond its function as a postal identifier. Understanding this broader context provides essential insight into the address’s significance.
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Geographic Delineation
The 90210 zip code designates a specific area within Beverly Hills, distinguishing it from other sections of the city and surrounding areas. This precise geographic delineation is crucial for mail delivery, emergency services, and property identification. While seemingly mundane, this function is fundamental for the practical aspects of property ownership and residency.
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Cultural Significance and Media Portrayal
The 90210 zip code has achieved global recognition due to its association with the popular television series “Beverly Hills, 90210.” This media portrayal solidified the zip code as a symbol of affluence, exclusivity, and a particular Southern California lifestyle. This cultural significance extends beyond the show itself, impacting perceptions of the area and contributing to its desirability.
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Real Estate Market Implications
The 90210 zip code directly impacts real estate values. Properties within this zip code often command premium prices due to the area’s perceived exclusivity and desirability. This premium reflects not only the tangible benefits of location but also the intangible value associated with the 90210 designation. This makes the zip code a significant factor in real estate market analysis and investment decisions.
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Community Identity and Demographics
The 90210 zip code fosters a sense of community identity among residents. This shared identity is often associated with a specific demographic profile characterized by high income levels, established careers, and an emphasis on luxury lifestyles. This demographic information provides valuable context for understanding the social and economic dynamics of the area.
The 90210 zip code, therefore, functions as more than a simple postal code for an address like 345 N Maple Drive. It acts as a powerful symbol of prestige, exclusivity, and a particular cultural identity. This symbolic value, combined with its practical geographic function, contributes significantly to the overall perception and market value of properties within this highly sought-after area. Understanding the multifaceted nature of the 90210 zip code is essential for a comprehensive analysis of any address associated with it.
5. Residential Property
The designation of 345 N Maple Drive, Beverly Hills, CA 90210 as a residential property establishes its primary function within the local real estate market. This classification distinguishes it from commercial, industrial, or mixed-use properties, shaping its usage, legal considerations, and market value. Understanding the implications of this residential designation provides crucial context for analyzing its role within the broader Beverly Hills real estate landscape.
The residential classification impacts how the property can be utilized. Zoning regulations specific to residential areas govern permitted activities, such as occupancy limits, noise restrictions, and potential for home-based businesses. These regulations aim to maintain the character of the neighborhood and protect the quality of life for residents. For instance, operating a commercial enterprise within a residentially zoned property would likely violate local ordinances. This distinction is crucial for both property owners and potential buyers, as it dictates the permissible uses of the property.
Furthermore, the residential classification influences property valuation. Appraisal methods for residential properties differ from those used for commercial or industrial properties, emphasizing factors such as comparable home sales, living space square footage, and neighborhood demographics. The absence of commercial income potential, a key factor in valuing commercial properties, shifts the focus to residential market dynamics. This distinction impacts how real estate professionals assess market value and make investment decisions. In Beverly Hills, where residential properties often command premium prices, understanding the nuances of residential valuation is particularly critical. Analyzing recent sales data of comparable homes in the area provides a more accurate assessment than considering commercial property metrics. The interplay of location, property features, and current market trends ultimately determines the value of a residential property in this exclusive market.
6. Real Estate Market
The real estate market plays a crucial role in determining the value and marketability of any property, including one located at 345 N Maple Drive, Beverly Hills, CA 90210. Understanding the dynamics of this specific market, characterized by high-value properties and discerning buyers, is essential for a comprehensive analysis of this address. The following facets offer insights into the interplay between the real estate market and this particular property.
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Market Trends and Valuation
Current market trends, including supply and demand dynamics, interest rates, and economic conditions, significantly influence property valuations. In the Beverly Hills market, characterized by limited inventory and high demand, these trends can lead to substantial price fluctuations. Analyzing recent sales data, average days on market, and price per square foot provides valuable insights into the current market climate and its potential impact on a property like 345 N Maple Drive.
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Buyer Demographics and Preferences
The Beverly Hills real estate market attracts a specific demographic of affluent buyers often seeking luxury amenities, prestigious locations, and investment potential. Understanding buyer preferences, such as architectural styles, lot sizes, and proximity to specific amenities, is crucial for assessing the marketability of a property. For 345 N Maple Drive, identifying the target buyer demographic allows for a more accurate assessment of its appeal and potential market value.
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Competitive Landscape and Inventory
Analyzing the competitive landscape, including the number of similar properties currently listed for sale, provides valuable insights into market dynamics. In Beverly Hills, limited inventory often creates a competitive environment, potentially driving up prices. Assessing the availability of comparable properties helps determine the potential market positioning and pricing strategy for a property like 345 N Maple Drive.
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Regulatory Environment and Zoning
Local zoning regulations, building codes, and property taxes influence the development and value of real estate. In Beverly Hills, stringent regulations often impact property development and renovation projects. Understanding these regulations is crucial for assessing the potential for future development or modifications to a property like 345 N Maple Drive, which can significantly affect its long-term value.
These interconnected facets of the real estate market provide a comprehensive framework for understanding the forces influencing the value and marketability of a property located at 345 N Maple Drive. Analyzing market trends, buyer demographics, competitive pressures, and the regulatory environment provides valuable context for assessing its current market position and potential for future appreciation. This holistic approach allows for a more nuanced and informed understanding of this property’s significance within the broader Beverly Hills real estate landscape.
Frequently Asked Questions
This section addresses common inquiries regarding properties located within this specific geographic area, offering concise and informative responses.
Question 1: What is the typical price range for properties in this area?
Property values in this area vary significantly based on factors such as lot size, square footage, architectural style, and recent renovations. Generally, properties command prices reflecting the area’s exclusivity and desirability.
Question 2: What are the local property taxes like?
Property taxes are based on assessed property values and current local tax rates. Information regarding specific tax rates can be obtained from the relevant county assessor’s office.
Question 3: What are the nearby schools like?
The area is served by highly regarded public and private schools. Specific school district information can be found through online resources and local education authorities.
Question 4: What is the commute like to major employment centers?
Commute times to major employment centers vary depending on traffic conditions and transportation methods. Utilizing online mapping tools can provide estimated commute times based on specific locations.
Question 5: What is the neighborhood like?
The neighborhood is known for its upscale residential character, well-maintained landscaping, and sense of exclusivity. Local community organizations and online forums can offer further insights into neighborhood characteristics.
Question 6: What types of amenities are available nearby?
The area offers a range of high-end retail establishments, dining options, entertainment venues, and recreational facilities. Information regarding specific amenities can be found through online directories and local business associations.
Understanding these key aspects of the area contributes to a more informed perspective on its real estate market and community characteristics.
Further inquiries regarding specific properties or the local market can be directed to qualified real estate professionals or relevant local authorities.
Navigating the Beverly Hills Real Estate Market
This section offers valuable insights for those interested in navigating the complexities of the Beverly Hills real estate market, specifically focusing on the implications of an address like 345 N Maple Drive.
Tip 1: Engage a Qualified Real Estate Agent:
Navigating the Beverly Hills market requires specialized expertise. A qualified real estate agent with proven experience in the area can provide invaluable guidance, market insights, and negotiation support.
Tip 2: Conduct Thorough Due Diligence:
Comprehensive research is crucial. Investigate property history, recent sales data for comparable properties, and any potential legal or environmental factors that could impact value.
Tip 3: Understand Market Dynamics:
The Beverly Hills market is known for its fluctuations and competitive landscape. Staying informed about current market trends, inventory levels, and buyer demographics is essential for informed decision-making.
Tip 4: Secure Pre-Approval for Financing:
In a competitive market, pre-approval for financing demonstrates seriousness and strengthens negotiating power. Securing pre-approval from a reputable lender streamlines the purchasing process.
Tip 5: Consider Long-Term Investment Potential:
Properties in Beverly Hills often hold long-term value. Evaluate potential for future appreciation based on market projections, neighborhood development plans, and historical property value trends.
Tip 6: Assess Lifestyle Needs and Preferences:
Beverly Hills offers diverse neighborhoods, each with unique characteristics. Carefully consider lifestyle preferences, proximity to amenities, and desired community atmosphere when selecting a property.
By considering these tips, prospective buyers and sellers can gain a deeper understanding of the Beverly Hills real estate market and its unique dynamics. This informed approach facilitates more strategic decision-making and enhances the potential for successful transactions.
These insights provide a foundation for navigating the complexities of the Beverly Hills real estate market and understanding the implications of an address like 345 N Maple Drive. The subsequent conclusion offers a final synthesis of key takeaways.
Conclusion
Analysis of the address 345 N Maple Drive, Beverly Hills, CA 90210, reveals the multifaceted nature of property valuation in this exclusive market. Location within a prestigious neighborhood, proximity to desirable amenities, and the symbolic weight of the 90210 zip code contribute significantly to the property’s perceived value. Furthermore, the property’s classification as residential, subject to specific zoning regulations and market dynamics, influences its potential usage and investment prospects. Understanding the interplay of these factors provides crucial context for assessing the property’s significance within the broader Beverly Hills real estate landscape.
The enduring appeal of Beverly Hills real estate underscores the importance of informed decision-making in this competitive market. Careful consideration of market trends, property features, and individual investment goals remains essential for successful navigation of this complex landscape. Further investigation into specific property details and consultation with qualified real estate professionals is advisable for those seeking to engage with this market segment. The insights presented here serve as a foundation for a more comprehensive understanding of the factors influencing property value and market dynamics in this highly sought-after locale.
