Beverly Hills, renowned for its luxury and elegance, is not just a playground for the rich and famous; it’s also a fantastic location for homeowners looking to add an Accessory Dwelling Unit (ADU). Whether you’re looking to create additional rental income, provide a space for extended family, or simply increase your property’s value, adding an ADU in Beverly Hills can be a strategic move. In this blog post, we will explore the top five neighborhoods in Beverly Hills where adding an ADU can be particularly advantageous, considering factors such as zoning regulations, lot sizes, neighborhood appeal, and investment potential.
1. Beverly Hills Flats
Why Beverly Hills Flats is Ideal for ADUs
Beverly Hills Flats is one of the most prestigious neighborhoods in Beverly Hills, known for its luxurious properties and spacious lots. This area is characterized by its flat terrain and expansive lots, making it an excellent location for adding an ADU.
- Zoning and Lot Size: The Beverly Hills Flats boasts larger lot sizes, which provide ample space for ADU construction. The zoning regulations in this area are relatively flexible, allowing homeowners to build ADUs that complement the existing architecture of their properties. This flexibility is crucial for ensuring that your ADU blends seamlessly with the main residence.
- Neighborhood Appeal: The Beverly Hills Flats is known for its serene environment, well-maintained homes, and proximity to high-end shopping and dining. This prestigious reputation can enhance the appeal of your property and attract high-quality tenants if you plan to rent out your ADU.
Potential Return on Investment
Investing in an ADU in Beverly Hills Flats can offer a significant return on investment. The high property values in this neighborhood mean that adding an ADU can substantially increase your property’s value. Additionally, the area’s desirability can lead to higher rental income, making it a lucrative investment opportunity.
2. Beverly Park
Why Beverly Park is a Top Choice
Beverly Park is a private, gated community known for its exclusivity and large estates. The neighborhood is home to some of the most opulent properties in Beverly Hills, and its expansive lots provide the perfect setting for adding an ADU.
- Zoning Flexibility: Beverly Park’s zoning laws are accommodating when it comes to ADU construction. The neighborhood’s large lots and private setting allow for a variety of ADU designs, whether you’re looking to build a separate guest house, a poolside cabana, or a standalone rental unit.
- Privacy and Security: The gated nature of Beverly Park ensures a high level of privacy and security, which can be a significant advantage for both homeowners and potential tenants. This added layer of security can make an ADU more attractive to renters seeking a safe and secluded environment.
Potential Return on Investment
Given the exclusive nature of Beverly Park, an ADU here can command premium rental rates and contribute to a substantial increase in property value. The neighborhood’s reputation for luxury and privacy ensures that any investment in an ADU will likely be well-received in the market.
3. Beverly Crest
Why Beverly Crest is Perfect for an ADU
Beverly Crest is a hilly neighborhood that offers stunning views of the Los Angeles skyline and the surrounding mountains. Known for its upscale residences and scenic beauty, Beverly Crest is an ideal location for adding an ADU.
- Scenic Views and Lot Sizes: The unique topography of Beverly Crest allows for ADUs with spectacular views. The neighborhood’s larger lots provide ample space for adding an ADU without compromising your outdoor living areas. Whether you’re envisioning a modern studio or a luxurious guest house, Beverly Crest offers the space and scenery to match your vision.
- Neighborhood Appeal: The combination of scenic vistas and upscale properties makes Beverly Crest a highly desirable area. The appeal of breathtaking views and a tranquil environment can make your ADU a sought-after rental property or a valuable addition to your home.
Potential Return on Investment
An ADU in Beverly Crest can significantly enhance your property’s value due to the neighborhood’s high demand and picturesque views. Whether you rent out the unit or use it as an additional living space, the investment potential in Beverly Crest is considerable.
4. Beverly Hills Post Office (BHPO)
Why BHPO is a Strong Contender
Beverly Hills Post Office (BHPO) is an area that blends the sophistication of Beverly Hills with a more relaxed, suburban feel. This neighborhood offers a variety of properties and is known for its diverse architectural styles.
- Variety of Properties and Zoning: BHPO features a mix of property types, from traditional single-family homes to modern estates. This diversity in property styles means that there is a greater variety of options for ADU construction. The zoning regulations in BHPO are generally supportive of ADU development, making it easier to obtain permits and build your desired unit.
- Community and Amenities: BHPO is known for its community-oriented atmosphere and access to excellent schools, parks, and local amenities. These features make the neighborhood attractive to families and professionals, enhancing the appeal of any ADU you add to your property.
Potential Return on Investment
The diverse property types and family-friendly environment of BHPO make it an attractive area for adding an ADU. The neighborhood’s appeal and the potential for rental income can provide a solid return on investment, whether you choose to rent out the ADU or use it as an additional living space.
5. Hancock Park
Why Hancock Park is an Excellent Choice
Hancock Park is a historic neighborhood known for its grand homes and tree-lined streets. Although it is technically outside of Beverly Hills proper, its proximity and similar upscale characteristics make it a noteworthy consideration for adding an ADU.
- Historic Charm and Lot Sizes: Hancock Park is known for its spacious lots and historic charm, providing a suitable backdrop for adding an ADU. The neighborhood’s larger properties offer ample space for ADU construction while maintaining the historic aesthetic of the area.
- Proximity to Beverly Hills: The close proximity of Hancock Park to Beverly Hills means that it shares many of the desirable characteristics of Beverly Hills, including high property values and a strong rental market. This makes it an attractive option for homeowners looking to maximize their investment in an ADU.
Potential Return on Investment
The historic charm and spacious lots of Hancock Park can make an ADU a valuable addition to your property. With its proximity to Beverly Hills and its own appeal, an ADU in Hancock Park can offer excellent potential for increasing property value and generating rental income.
Conclusion
Adding an ADU in Beverly Hills can be a strategic move, offering both financial benefits and lifestyle enhancements. The neighborhoods highlighted—Beverly Hills Flats, Beverly Park, Beverly Crest, Beverly Hills Post Office (BHPO), and Hancock Park—each provide unique advantages for ADU construction. From luxurious estates and scenic views to diverse property types and historic charm, these neighborhoods offer a range of opportunities to create a valuable addition to your property.
When planning your ADU project, it’s essential to work with experienced professionals who understand Beverly Hills’ zoning regulations and building codes. A reputable remodeling company can guide you through the design and construction process, ensuring that your ADU meets your needs and complies with local regulations. Whether you’re looking to enhance your property’s value, create additional rental income, or provide a space for extended family, Beverly Hills offers some of the best locations for adding an ADU.