Beverly Hills is a separate incorporated city, so the Los Angeles "mansion tax" does not reach property here. That structural fact, paired with one of the densest concentrations of pledgeable luxury goods in the country, shapes how our desk approaches collateral tied to this address.
Measure ULA, the Los Angeles transfer tax, applies to real estate located within the City of Los Angeles and does not include incorporated cities such as Beverly Hills or Santa Monica. As enacted, ULA charged 4% on sales over $5 million but under $10 million, and 5.5% on sales of $10 million or more; as of July 1, 2025 those thresholds were raised to $5.3 million and $10.6 million. The tax falls on the full sale price, not the amount above the threshold. Beverly Hills, as a separate incorporated city, is exempt.
For an owner weighing whether to sell an asset or borrow against it, that difference is concrete: a disposition across the city line can carry a large in-city transfer cost, while a collateral loan against the same asset does not trigger a sale at all. Our process overview explains where that fits.
Beverly Hills real estate anchors some of the largest single-asset figures in the country. In June 2025, an estate at 71 Beverly Park sold for $63.1 million to Paris Hilton and Carter Reum, a home once owned by Mark Wahlberg and the most expensive US home sale that month per Redfin. As of December 2025, 1261 Angelo Dr was listed at $175,000,000, spanning 16 bedrooms and 50,000 square feet on a 6-acre lot, or $3,500 per square foot.
Even the ordinary end of the market runs high. The average home value in Beverly Hills is $3,686,749, up 6.3% over the past year, per Zillow data through June 30, 2026. The 90210 ZIP code has ranked for years among the most expensive in the United States, so the entry point sits well above the regional norm. Median household income in 2024 was $134,058, about 25.3% above the statewide median of $100,149, with per-capita income of $113,837, more than double the California figure of $49,513.
Stretching just three blocks between Santa Monica Boulevard and Wilshire Boulevard, Rodeo Drive holds a collection of over a hundred high-end labels. The Rodeo Collection, opened in 1980 at 421 North Rodeo Drive, is a 70,000-square-foot retail and office complex housing over 45 luxury boutiques. That density concentrates exactly the categories our lender partners underwrite against.
The city has a long history of collateral lending. Beverly Loan Company has operated as a collateral lender in the area since 1938, with expertise in luxury watches from brands such as Rolex, Patek Philippe, and Cartier. It stores collateral in a vault within a vault under 24-hour surveillance in the Bank of America building and bases loans on asset value with no credit check. We reference this to set expectations, not to compare terms.
Collateral lending in California is rate-capped by statute. Under California Financial Code Section 21200, no pawnbroker shall charge or receive compensation at a rate exceeding three percent per month on the unpaid principal balance of any loan. That provision was amended by Stats. 2015, Ch. 245, Sec. 1 (SB 285), effective January 1, 2016.
The same chapter caps setup costs: a loan setup fee not to exceed five dollars or 2 percent, whichever is greater, may be charged for each loan, and the maximum loan setup fee shall not exceed ten dollars. Knowing these ceilings lets a borrower read any term sheet against the law before signing.
Loans described here are originated by licensed lender partners. The figures on this page are general guidance drawn from public records and market data, not a loan offer, a quote, or a promise of approval; any advance depends on the asset, its appraised value, and the underwriting review. Confirm the specific Beverly Hills city transfer tax with escrow or title before relying on any number. Our disclosures set out the terms in full, and you can reach the desk through contact.
Loans are originated by licensed lender partners. Loan offers, terms, rates and final decisions are made by the originating licensed lender at appraisal — figures shown here are general guidance, not loan offers.
Last reviewed August 9, 2026.
We use cookies for essential site functionality. With your consent, we also use analytics and advertising cookies to improve our service. Learn more.