Charleston · Local

Why is Hollywood a strong neighborhood for multi-family homes?

Hollywood works well for multi-family property because it offers larger, more affordable lots than towns closer to downtown Charleston, giving an owner more room to add a second unit or a duplex without the tight lot constraints of a denser town. Its more rural zoning can also be more permissive for adding an accessory dwelling unit, though that should always be confirmed with the county before assuming it applies to a specific parcel. Lower land cost relative to nearby coastal towns improves the math on a multi-family investment too. Brian Beatty can pull comparable multi-family sales in Hollywood to test the numbers.

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