In Beverly Hills, a shack sells for $1 million simply because there is so little supply people are willing to live in a shack.If I was on a game show, I would say that the mobile home would rent for somewhere between half and two-thirds of the townhouse -- maybe $600 to $900 per month.

@Ryan Passamonti I am in the same boat as I am a 22 year old from Beverly.. working on a deal right for for a 645k three family in Peabody.

I'm looking at a couple of duplexes in Beverly, NJ.

@Beverly Bowman You're never to old to start pursuing real estate investing!

I primarily work with investors, many of which are out of town as far away as Beverly Hills.

Once you go up the hill (south, into the Beverly Hills / Glenbrook neighborhood) or the other direction, to the north (i.e. north of I-90) it gets much better though.

I live in the Beverly area.  

People in Beverly Hills, CA have home alarm systems.Also, if you are all worried about agents not following directions and setting off your alarm, do not put a supra on the door, make sure all showing agents must contact you for a showing, then give them a combo box code for entry.

I'd like to know if this deal pans out:How far away from your home of Beverly Hills, CA did you have to go to find this?

Although, it's not quite Beverly Hills...