Homes for Sale in Beverly Hills real estate search homes, schools, sights, activities and real estate trends. Beverly Hills, CA real estate is renown for luxury homes. The City of Beverly Hills is synonymous with status, wealth and celebrities. Rodeo Drive is world famously known for its’ restaurants, galleries, designer shops and boutiques. In 1906 it was purchased by Rodeo Land and Water Company. Official subdivision of streets and park-like setting were filed. Its president, Burton E. Green suggested the name, Beverly Hills to his associates and the rest is history. In 1912, The Beverly Hills Hotel opened. In 1919, Douglas Fairbanks and Mary Pickford built their famous estate, “Pickfair”. In 1925, actor Will Rogers became mayor of Beverly Hills. Favored by show business professionals; many actors, writers, directors, and producers live and work in Beverly Hills.