Historic preservation in Beverly Hills has been one of the major debates in recent times. The controversy was sparked up when several historical landmarks which should have been up for historic preservation in Beverly Hills, were instead lined up for reconstruction, meaning that they would no longer be seen in their original forms but would rather be demolished and newly constructed properties would stand above them. Although this was seen by most as the only possible way to the future, others believed that these properties were historical landmarks and a major part of not only Beverly Hills, but the entire LA County's history, something which is currently struggling for existence. There were, and still are, several parties interested in the properties which should've been designated for historic preservation in Beverly Hills. Due to the presence of these figures, the demolition of historical landmarks was put on hold. And then sparked up the controversy which would go on for several years until finally in recent years when an ordinance was passed by the Government of Beverly Hills which ensured that historical landmarks in the region were to be preserved.
The main interest comes from real estate investors in June Street, Los Angeles who consider these properties to be potential goldmines for investments. This is why there have been several real estate investment strategies in Los Angeles designed by industry professionals in order to seize these high end properties and make significant profits from them. However, with the ongoing debates over the future of these properties, it is unlikely that these would be safe choice for investment, which is why investment in property development is now thought to be the better option. This, by no means, describes that historical properties in the near future won't be available as they are believed to strike the real estate market once again.