Rolling Hills Estates, California is experiencing a robust short-term rental market, with 3-bedroom homes in the area projected to generate over $421 per night on average, driven by increasing demand for luxury and eco-friendly rentals in this picturesque and attractive tourist destination.
Thriving Short-Term Rental Market in Rolling Hills Estates, California
Rolling Hills Estates, California, is experiencing a robust and lucrative short-term rental market, driven by its picturesque landscape, mild climate, and a plethora of attractive amenities. According to recent trends, a 3-bedroom vacation rental in the nearby Palos Verdes Peninsula can generate an average of over $421 per night, highlighting the significant revenue potential for property owners.
The area's popularity among tourists and vacationers ensures high occupancy rates, especially during peak seasons. The increasing demand for luxury and eco-friendly rentals further boosts the attractiveness of properties in Rolling Hills Estates. With the right management and setup, homeowners can capitalize on these trends to maximize their rental revenue and enjoy a successful short-term rental experience.
Short-Term Rental Regulations in Rolling Hills Estates, California for 2024
General Regulations
- Primary Residence Requirement: Short-term rentals must be in the host's primary residence. The host must live in the property for a significant portion of the year, though the exact duration can vary by jurisdiction.
Registration and Licensing
- Registration Requirement: Hosts must register their short-term rental properties with the local authorities. This often involves obtaining a Home Sharing Registration (HSR) number, although specific requirements may differ in Rolling Hills Estates compared to other areas.
Occupancy Limits
- Guest Occupancy: The maximum occupancy is typically capped at two persons per bedroom, plus two additional persons, with a total maximum occupancy of 12 persons. This rule is common in many California cities.
Hosting Requirements
- Hosted vs. Un-Hosted Stays: For hosted stays, the host must reside on the property during the guest's stay, either in the primary residence, an accessory dwelling unit (ADU), or a detached residential unit. Un-hosted stays may be allowed for a limited number of nights per year (e.g., up to 90 nights in Los Angeles County).
Prohibited Properties
- Accessory Dwelling Units (ADUs): Most cities in California, including those in the Los Angeles area, do not allow short-term rentals of ADUs. These units are generally restricted to long-term rentals.
Safety and Maintenance
- Compliance with Building and Safety Codes: Short-term rental properties must meet all local building and safety codes. This includes maintaining the property and ensuring it has necessary safety features such as fire extinguishers and emergency exits.
Emergency Information and Contact
- Emergency Information: Properties must have clearly stated emergency information, such as signs indicating the location of fire extinguishers or emergency exits.
- Designated Contact Person: A local contact person must be designated and available in case of issues with the short-term rental, especially for un-hosted stays.
Fees and Permits
- Registration Fees: Hosts may need to pay registration fees, which can vary by jurisdiction. For example, in Los Angeles County, the annual STR registration fee is $914.
Other Considerations
- Homeowners Association (HOA) Rules: If the property is subject to HOA rules, these must be complied with. Any applicable HOA, condominium, lease, or rental agreement must not prohibit short-term rental activity.
- Local Ordinances: Specific local ordinances in Rolling Hills Estates may impose additional restrictions or requirements not mentioned here, so it is important to check with local authorities for the most accurate and up-to-date information.
Top Neighborhoods Generating Airbnb Revenue in Rolling Hills Estates, California
1. Rolling Hills
- Appeal: Rolling Hills is highly appealing due to its tranquil and established neighborhoods. Guests favor rentals here for their quiet atmosphere, gorgeous landscaping, and modern amenities. Properties often feature fully equipped kitchens, large bathrooms, comfortable outdoor spaces, and amenities like pools and private decks.
2. Palos Verdes Peninsula
- Appeal: The Palos Verdes Peninsula is attractive for its stunning views and proximity to local beaches. Guests enjoy the peaceful natural setting, zen rooftop fireplaces, and the convenience of being close to Torrance, Rancho Palos Verdes, and other nearby attractions. The area offers a mix of modern and natural environments, making it a favorite among travelers.
3. Belmont Heights (Adjacent to Long Beach)
- Appeal: Although technically in Long Beach, Belmont Heights is often considered in the broader area due to its proximity to Rolling Hills Estates. This neighborhood is popular for its beautifully decorated bungalows, lush gardens, and cozy living spaces. Guests appreciate the central location, which provides easy access to beaches, upscale restaurants, and unique local shopping.
4. Redondo Beach
- Appeal: Redondo Beach is a favorite among guests for its beachfront properties, panoramic views of the ocean, and walking distance to the Riviera Village with its restaurants and shops. The area offers a blend of beach lifestyle and local amenities, making it highly appealing for families and couples alike.
5. Lomita
- Appeal: Lomita attracts guests with its unique guest houses and cottages, often featuring million-dollar views of the LA skyline and mountains. The area is praised for its cleanliness, safety, and private settings, with many properties offering kitchenettes, outdoor seating, and proximity to local beaches and hiking trails.
These neighborhoods stand out due to their combination of natural beauty, modern amenities, and convenient locations, making them highly sought after by Airbnb guests in the Rolling Hills Estates area.
Furnishing and Design Tips for an Airbnb in Rolling Hills Estates, California
Embrace the Equestrian and Rural Charm
- Incorporate elements of the city's equestrian lifestyle, such as horse-themed artwork, rustic decor, and natural materials like wood and stone.
- Use a color palette that reflects the rolling hills and natural surroundings, including earth tones, greens, and blues.
Maintain a Rural yet Luxurious Feel
- Choose furniture with a ranch-style or Spanish influence, such as large, comfortable sofas and armchairs in neutral colors.
- Add luxurious touches like plush throw blankets, high-quality linens, and elegant lighting fixtures.
Highlight the Scenic Views
- If your Airbnb has views of the ocean, Catalina Island, or the surrounding hills, make sure to emphasize these with large windows, sliding glass doors, and outdoor seating areas.
- Use sheer curtains or blinds to allow natural light and views while maintaining privacy.
Create a Cozy and Inviting Atmosphere
- Incorporate warm and cozy elements such as fireplaces, soft rugs, and comfortable seating areas.
- Add plants and fresh flowers to bring in a touch of nature and freshness.
Respect the Community's History and Culture
- Decorate with local artwork and historical pieces that reflect the city's rich history and its connection to the Palos Verdes Peninsula.
- Include books, maps, or guides about the area to educate guests about the local culture and history.
Utilize Outdoor Spaces
- Since Rolling Hills Estates is known for its parks, trails, and outdoor activities, ensure your Airbnb has a well-furnished outdoor space.
- Include patio furniture, a BBQ area, and perhaps even a small garden or herb garden to enhance the outdoor living experience.
Ensure Safety and Privacy
- Given the city's emphasis on safety, ensure that your Airbnb is well-lit and secure, with features like gated entries if applicable.
- Respect the privacy of guests by providing private areas and secure storage for their belongings.
Blend Urban and Suburban Amenities
- While maintaining the rural charm, also incorporate modern amenities that guests might expect from a city, such as high-speed internet, smart home devices, and a fully equipped kitchen.
- Provide information on local shopping, dining, and recreational activities to help guests enjoy the best of both worlds.
Focus on Sustainability and Nature
- Rolling Hills Estates values its natural environment; consider using eco-friendly materials and sustainable practices in your design choices.
- Encourage guests to connect with nature by providing information on local parks, hiking trails, and other outdoor activities.
Local Attractions and Insider Tips for Rolling Hills Estates, California
Local Attractions
Beaches and Coastal Areas
- Torrance Beach: Known to locals as "RAT" Beach (Right After Torrance), it offers a sandy stretch before the Palos Verdes cliffs. Enjoy surfing, scuba diving, and snorkeling.
- Bluff Cove: A scenic rocky cove popular with surfers, scuba divers, and snorkelers. Accessible via Palos Verdes Drive West.
Parks and Recreation
- Miramar Park: Located on 1.6 acres above Torrance Beach, offering pristine ocean views and easy access to the shoreline via a ramp or staircase.
- Noble Park: A small park on The Strand with the Millennium Walkway. Perfect for a leisurely walk or bike ride.
- Howlett Park: Features the Rolling Hills Estates Tennis Club and the Equestrian Center, ideal for sports enthusiasts and horse riders.
Historical and Scenic Sites
- Point Vicente Lighthouse: Although access to the grounds is restricted most days, it is a notable historic site and still in operation.
Insider Tips
Outdoor Activities
- Horse Paths: Rolling Hills Estates has many horse paths, making it a great place for horseback riding and exploring the area.
- Cycling: The area offers several cycling highlights, including routes along Palos Verdes Drive West and through various parks.
Local Events and Activities
- LA Harbor Holiday Boat Parade: If visiting in December, consider sailing during this festive event.
- Local Festivals and Workshops: Check out various events such as art shows, silent auctions, and food festivals that occur throughout the year.
Community and Amenities
- Palos Verdes Peninsula Unified School District: For families, note that the area is part of this school district, with options like Rolling Hills Country Day School and Chadwick School.
- Peninsula Center Library: A convenient resource for guests looking to access books, media, and community events.
Dining and Shopping
- Local Restaurants and Cafes: Rolling Hills Estates and nearby areas offer a variety of dining options. Recommend local favorites to your guests.
- Farmers Markets and Microbreweries: Suggest visiting nearby farmers markets and microbreweries for a taste of local culture.
By providing these attractions and insider tips, you can enhance your guests' experience and help them make the most of their visit to Rolling Hills Estates.
Practical Tips to Run a Successful Short Term Rental Business in Rolling Hills Estates, California
To ensure the success of your short-term rental business in Rolling Hills Estates, California, several practical tips can be implemented to enhance the guest experience and comply with local regulations.
Noise Regulations and Quiet Hours
Inform your guests about the noise regulations and quiet hours in the area to avoid any potential issues. Rolling Hills Estates, known for its residential tranquility, may have specific noise ordinances that guests should be aware of. Including this information in your house manual or welcome message can help maintain a peaceful environment for both your guests and the neighbors.
Creating a Comprehensive House Manual
Develop both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the house rules, including noise regulations, to ensure guests are well-informed and respectful of the property.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks, along with parking instructions accompanied by photos to help guests navigate the property easily. This not only enhances convenience but also reduces the likelihood of misunderstandings or issues during the check-in process.
By implementing these strategies, you can create a seamless and enjoyable experience for your guests, while also ensuring compliance with local regulations and maintaining the quality of your property.
Here is a brief list of house cleaning, repair, and maintenance providers in Rolling Hills Estates, California:
House Cleaning Services
- Aloha Maids: Offers deep cleaning, kitchen and bathroom cleaning, move-in/move-out cleaning, and various other residential house cleaning services. They also provide laundry, dish cleaning, and specialized services like carpet and window cleaning.
- The Maid Squad: Provides comprehensive cleaning services covering residential and commercial properties, ensuring a spotless environment.
- Campos Cleaning Services: Known for professional and detailed cleaning services for residences, highly recommended by clients.
Repair and Maintenance Services
- SERVPRO of Palos Verdes: Specializes in restoration, cleaning, and construction services, including water damage cleanup, fire damage, biohazard/crime scene cleaning, virus/pathogen cleaning, and more. They offer 24/7 emergency services.
Additional Cleaning Services
- CleanPro Services: Offers high-quality property cleaning services for homeowners in Rolling Hills Estates, with options for free quotes.
Rolling Hills Estates, California: Understanding Short-Term Rental Management Fees
Rolling Hills Estates, California, a picturesque and affluent area on the Palos Verdes Peninsula, presents a lucrative market for short-term rentals. For property owners considering managing their properties as short-term rentals, it is crucial to understand the associated management fees. These fees typically range from 10% to 30% of the rental revenue, varying based on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that may only include rent collection and minimal oversight can be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, or design enhancements to attract and retain guests. Companies like RedAwning, Beach Front Property Management, and Mike Dunfee Group offer tailored management solutions to help maximize rental revenue while minimizing the stress and workload for property owners.