Pacific palisades. Would you move there?

We are moving from Midwest (I will be selling my business and my wife’s comp based out of LA) and are looking for a great area to raise our family that has views and have been bouncing a lot of places around. A recent, is Pacific Palisades. Love the location, schools seem great (we have 3 littles) but what concerns can you highlight? Is it a big entertainment industry draw? Kids driving around in range rovers normal? Pls help us! We have considered La cañada and manhattan beach areas as well Thank you!