Oxford Square - A Classy HPOZ To Build A New ADU
The Oxford Square HPOZ is located in central Los Angeles, about five miles west of downtown. It is bordered by the Windsor Village HPOZ on the north, the Country Club Park HPOZ on the east, Pico Boulevard on the south, and Plymouth Boulevard to the west. It is composed of one to two-and-a-half story single-family homes constructed primarily between 1900 and 1920, with a smaller number of residences constructed in the 1930’s. Most of the buildings in the proposed HPOZ reflect styles associated with the Arts and Crafts and Period Revival modes of architecture, including Craftsman, American Colonial Revival, Spanish Colonial Revival, and Mediterranean Revival. The district is characterized by the consistency of building styles and massing, as well as its spatial and landscape features such as its rectilinear gridded street pattern, concrete-paved streets, concrete sidewalks, landscaped parkways with mature Canary Island date palms, relatively consistent lot sizes, and gently sloping lawns. The Oxford Square HPOZ was adopted by the City Council in 2017.
The market for ADUs is trending in Oxford Square because of the family feel of the neighborhood. There are a lot of restaurants, coffee shops, and parks. Public transit is provided by Metro - Los Angeles (bus) and LADOT (bus). There are 24 Metro - Los Angeles bus stops and 5 LADOT bus stops. It is also located right by the I-10 Freeway. There are a few parks and playgrounds including Queen Anne Recreation Center and LA High Memorial Park These playgrounds provide great recreational facilities for kids, as well as adults. Families can enjoy a nice picnic under the shade in summer months, or walk along the trail for a weekend activity with the kids.
Oxford Square Demographics
Median Income - $45,000
Median Age - 31 years old
Average Home Price - $750,000
How Much Can I Rent An ADU In Oxford Square For In Today’s Market?
The average ADU in Oxford Square rents for about:
Studio ADU- $1500/m
1 Bed 1 Bath ADU- $1800/m
2 bed 2 bath ADU- $2200/m
3 bed 3 bath ADU- $2600/m
Walkability Score For Oxford Square
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 sold 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 have numerous design laws, getting approved plans takes about 6 months.
Neo Builders Inc. is an experienced construction company with a specialty in building ADU’s. Building an ADU with Neo Builders will increase your monthly cash flow in a stress free and organized process. Don’t wait, make the call today for a step towards financial freedom. An initial consultation and quote are totally FREE of charge. If you would like to understand Los Angeles ADU laws click here NEO Builders
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: