ADU Building in Cathay Circle
Carthay Circle was originally named Carthay Center and was founded by J. Harvey McCarthy in 1922. The zip code for Carthay Circle is 90048. He envisioned the neighborhood, named after his last name as a complete community with a church, elementary school, hotel, theater, commercial center and a variety of housing opportunities. Captivated by California history, McCarthy named the streets in honor of prominent figures of the California Gold Rush. Carthay Circle was the first subdivision in Los Angeles to be planned with underground utilities, maintaining the streetscape free of the clutter of telephone poles and electric wires. The architecture of this primarily residential HPOZ is dominated by the Spanish Colonial Revival style, in keeping with its founder’s fascination with California history, although examples of the Tudor, French, and American Colonial Revival styles can also be found. The Carthay Circle Theater, site of such film premieres as Snow White and Gone with the Wind. It is now demolished unfortunately. The Carthay Circle HPOZ was adopted by the City Council in 1998.
Carthay Circle is currently trending for ADUs because of the bustling real estate market in the area.It is a low-rise neighborhood consisting mostly of single-family homes – quaint, walkable, tony but in a subtle way, not nearly as ostentatious as its neighbor to the west, Beverly Hills. Carthay is actually a micro-neighborhood made up of several much smaller districts. These include Carthay Circle, Carthay Square, and South Carthay. It is also located right by La Brea, Miracle Mile, and Mid Wilshire. It’s like an oasis nestled in between Beverly Hills and West Hollywood.
Carthay Circle Demographics
Median Income - $72,000
Median Age - 37 years old
Average Home Price - $850,000
How Much Can I Rent An ADU In Carthay Circle For In Today’s Market?
The average ADU in Carthay Circle rents for about:
Studio ADU- $1400/m
1 Bed 1 Bath ADU- $1900/m
2 bed 2 bath ADU- $2200/m
3 bed 3 bath ADU- $26000/m
Walkability Score For Carthay Circle
The ADU walkability score is measured by walking distance from your new ADU to these attractions, the closer you are to these locations the more your future tenant will pay for rent.
Increase The Value Of Your Home With An ADU Permit
If you believe your home has ADU potential, you should look into applying for architectural permits. Homeowners and agents are actively looking for homes with ADU potential. Realtors also have had multiple homes sell for over asking recently. Talk to your realtor about reaching out for approved city permits for an ADU.
How Much Do Permits Cost?
The process should be between $5,000-10,000 plus any specific city fees.
How Long Do ADU City Permits Take To Get Approved in an HPOZ?
Since HPOZ's have numerous design laws, it makes getting approved plans take about 6 months.
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For All Your ADU Needs
NEO Builders Inc.
3940 Laurel Canyon, Studio City #394, 91604
License #: 1061134
If you are planning on building an ADU in this neighborhood and have any questions you can reach the city council staff contact at: