A Luxury Rental, What Does That Mean?

Dustin Edwards • February 14, 2023

Luxury Comes In Many Ways

Suppose you are an experienced investor expanding your real estate portfolio or a new investor trying to figure out your way in the industry. In that case, you’ve undoubtedly come across a luxury investment property. However, luxury rentals can seem intimidating due to the initial investment needed.


Luxury rentals are a subset of the overall rental market. Luxury rentals are often exclusive properties with unique features, luxurious amenities, and premium materials located in a great neighborhood. Today we’ll go over a few aspects of what a luxury rental means.


Neighborhoods

Luxury rentals will typically only exist in specific neighborhoods. Long Beach, CA Neighborhoods include Naples, Belmont Shore, and Belmont Heights. These neighborhoods will often have a high standard of security.


The surrounding homes will often be modern, higher-end, or older, well-maintained historic homes. The roads and streets are regularly taken care of, and the community works together to keep their neighborhood safe and well-maintained, often through a homeowners association.


Condition of Property

To get rent consistent with a luxury property, the property has to be on trend. Whether it's a home or condominium, the property needs top-rate finishes such as granite, quartzite, and marble. Beautiful and well-kept flooring made of natural stone, exotic hardwood, and ceramic tile. The investment property should have little to no blemishes.


Though it cannot be seen, sound can affect the residents. While most condos have some soundproofing, the quietest is the best. Acoustic insulation and soundproof windows are a large part of the rental. Modern appliances such as Viking, Wolf, and Cove need to be included.


Amenities

Luxury rentals need to provide everything the tenant may need and then some. In luxury condominiums and apartments, tenants expect pet-friendly amenities, outdoor kitchens and dining areas, and EV charging stations. Some of the best luxury buildings have on-site staff to provide services to the residents, such as delivery personnel, dog walking, and valet parking.


In-unit amenities should include smart home systems to allow the tenant to control the rental through their phone. High-speed wireless internet throughout the property ensures your residents can stay connected while visiting the common areas or gym. This allows them to stream, download and work regardless of their location in the luxury rental.


Architecture

Although the tenant's preference determines the “ideal” luxury rental, many modern luxury buildings have unique architectural features, such as 400 W Ocean Blvd. Though it can also be a well-kept, beautiful historical building, a luxury rental should offer its residents a high standard of living. Elegant features such as common areas with natural walkways, poolside sundecks, and community gardens are often used to relax. While having coworking spaces, a fitness center, and a game room can be ideal for tenants with limited time.


Oceanside properties will often have an amazing view over the beach. Depending on the season, a fascinating view can be nearly impossible to put a price on. A view may not be important for every tenant, but for the tenants who are looking for one, it will be a must-have.


Buying a luxury rental shouldn’t be a daunting task. It’s a great investment opportunity with amazing ROI. If you need help finding the right luxury property to invest in or need help marketing your luxury rental, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.


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By Dustin Edwards • June 6, 2025
With the real estate market as competitive as it is, many landlords are looking into building an Accessory Dwelling Unit (ADU) or Jr. ADU to improve their bottom line with additional monthly income. While this is a great way to earn more, you need to be sure you’re investing in the right upgrade to your property. Below are some of the key differences between ADUs and Jr. ADUs; this way, you can make the right decision for your property. Differences between Junior ADUs and ADUs On the surface, the primary difference between an ADU and a Jr. ADU is the square footage. However, there are many considerations for each type of ADU , significant differences include costs and build limitations. ADUs are generally seen as a larger and more versatile build when compared to a Jr. ADU. They can be built detached from the main home, converting an existing structure, most commonly the garage. In Long Beach, an ADU can be up to 800 square feet or 50% of the gross floor area of the primary dwelling, whichever is smaller. For reference, an 800 sqft living space can be arranged as a 2-bedroom 1-bath home, though with creative use of the space, many investors have been able to fit 2 bedrooms and 2 bathrooms comfortably. If listing the ADU for rent is the goal, this can produce a higher yield, though at the cost of a higher initial investment. Jr. ADU, on the other hand, can only be a maximum of 500 sqft and must be built attached to the existing single-family home. While you can build an entire new addition to accommodate the Jr. ADU, it's not uncommon for homeowners whose homes are bigger than they need to convert a bedroom into a Jr. ADU in order to have additional income . A Jr. ADU does still require an efficient kitchen. Bathrooms can be shared with the main house, though this can deter some prospective tenants. Additionally, the utilities are oftentimes shared with the main house, which can simplify installation, though it can complicate utility costs with your tenant. When an ADU is Right Being able to build a full ADU provides an entirely separate and private living space, which is more desirable to prospecting tenants. This is the preferred choice for most investors, especially those who have unused space in their property. By being built apart from the main house, an ADU may cause less disturbance to those living in the main house, whether that be yourself or another tenant. In Long Beach, CA. ADUs can’t be listed as short-term rentals on apps like Airbnb; that being said, an ADU can command more in rent because of the aforementioned features. If you’re looking for a long-term investment, ADUs increase your property’s value while generating a consistent cash flow. Finally, if you ever plan on selling your rental property, the additional ADU can improve the appeal of your property to future buyers. When a Jr. ADU is Right While a Jr. ADU doesn’t have the same potential as a full-sized ADU, Jr. ADUs are far more budget-friendly. These are a great option for investors who have limited funds. Since Jr. ADUs generally require less work to be done in less time, allowing you to begin making a return sooner. Finally, if your property doesn’t qualify for a full-sized ADU permit due to the size of the property lot, a Jr. ADU can be built primarily through interior work, which may only require reconfiguring existing interior space. Whether you choose a full-sized ADU or a Jr. ADU, the decision depends on more than just the size of the structure, you’ll have to manage filling the vacancy and managing the new tenant. If you need help choosing which ADU is right for you or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
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