Van Nuys HPOZ - A Hidden Gem Perfect For An ADU
Van Nuys HPOZ is located in the center of the San Fernando Valley area of Los Angeles, and is the first Valley HPOZ. Van Nuys includes some of the earliest residential development in the Valley. The construction of single family residences began in 1911 and early architecture reflected the Craftsman and Colonial Revival styles. In the 1920s, the dominant local industry was poultry farming, which required land plots to be very deep to allow for the construction of chicken houses at the rear of the property. At this time, preferences in architectural styles shifted to Spanish Colonial Revival and English Revival. In the 1930s, preferences changed once again and Minimal Traditional became the prevailing architectural style. In the late 1930s to the 1950s, the California Ranch style dominated residential designs. Van Nuys HPOZ exemplifies the evolution of early residential architecture of the growing San Fernando Valley. The Van Nuys HPOZ was adopted by the City Council in 2005.
The market for ADUs is trending in Van Nuys because residents and visitors are attracted to this part of the neighborhood due to its plentiful amenities. Van Nuys also has plenty to offer in terms of outdoor recreation and park-friendly facilities like mini-parks, skate parks, bike paths, and athletic fields.
Residents are only a short distance from the Sepulveda Basin Wildlife Reserve, which stretches over more than a thousand acres of the San Fernando Valley. This park is so large that it serves surrounding Valley neighborhoods as well.
Van Nuys Demographics
Median Income - $56,000
Median Age - 36 years old
Average Home Price - $600,000
How Much Can I Rent An ADU In Van Nuys For In Today’s Market?
The average ADU in Van Nuys rents for about:
Studio ADU- $1400/m
1 Bed 1 Bath ADU- $1800/m
2 bed 2 bath ADU- $2200/m
3 bed 3 bath ADU- $2700/m
Walkability Score For Van Nuys
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.
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: