Beverly Hills (90210, 90211, 90212, 90213) is a fully incorporated city in the heart of Los Angeles. As an incorporated city it has its own government, police, school district, public services, etc. An annexation proposal to the City of Los Angeles was defeated in 1923 and Beverly Hills remains independent to this day.
Beverly Hills was officially "opened" in 1906 and named after Beverly Farms in Beverly, MA. Construction on the famous Beverly Hills Hotel, home of the famous Polo Lounge was started in 1911. Movie stars started to build their homes there, and a tour of the stars homes is an industry by itself.
It has some of the largest home in the country, from huge mansions to more modern homes, condos and apartment buildings. The further south you get the less expensive it becomes. North of Sunset Boulevard into the hills are the most expensive, and everything south of Sunset is referred to as "the flats". The next division is Santa Monica Boulevard which creates the sections known as "north or south of the tracks". As you get south of Wilshire Boulevard, homes become more affordable and that is where you will more find more of the duplexes, condos and apartment buildings. Except for the Beverly Hills Hotel, all businesses in the city are located south of Santa Monica.
Surprisingly, Beverly Hills, does not have the wealthiest zip codes in the U.S. or California. The wealthiest zip code in California is 94027 in Atherton California, and the wealthiest zip code in the U.S. is 10022 in New York City.
The most well-known street in the City is Rodeo Drive with more than 100 world-famous boutiques, restaurants and hotels.
City Hall is built in a Spanish Renaissance style. 
Beverly Hills High School is one of the most decorated high schools in the country and many parents try to get residence in the city for that reason.
Beverly Hills School District as a whole has a great reputation.
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Some useful local links are:
Official Website of Beverly Hills
Beverly Hills is located in California's 30th Congressional District, represented by Henry Waxman
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