Focusing on the transformative impact of new ADU legislation in California, it’s important to highlight how this presents multifamily property owners with opportunities to generate additional income through the creation of Accessory Dwelling Units (ADUs). This legislation simplifies the process for converting garages into livable spaces, offering a cost-effective method to enhance property value and address the housing crisis. By leveraging existing structures for ADUs, owners can provide affordable housing options, capitalize on rental income, and cater to a broader demographic, including families with aging parents or those seeking independent living solutions.
An Accessory Dwelling Unit (ADU) is an additional, self-contained living space on a single-family property, offering flexibility and independence. Considering an ADU is beneficial for adding value to your property, providing a source of rental income, and offering a cost-effective solution to accommodate family members or guests. It’s an efficient use of existing land, promoting sustainable development and addressing housing needs..
Types of ADU include, a detached garage conversion ADU, an attached ADU above garage conversion, attic conversion, and finally an attached garage conversion. Preferred Home Builders is a specialist in ADU Garage Conversions in the Los Angeles area.
The state law governing Garage Conversions for Los Angeles gave homeowners the right and opportunity to build a secondary dwelling onto their existing property. On September 27th, 2016, Governor Brown signed two accessory dwelling unit bills into State law, Assembly Bill (AB) 2299 and Senate Bill (SB) 1069 that amended the State’s existing second unit law (Government Code Section 65852.2). These amendments to the existing second unit law went into effect on January 1, 2017.
These secondary units, now called accessory dwelling units (ADUs), have been identified by the State as providing an important housing option to both potential renters and homeowners. They typically cost less than other types of housing, provide convenient housing for family members, help ease a severe rental housing deficit, maximize limited land resources and existing infrastructure, and assist homeowners with supplemental income.
The opportunity is clear, this newly converted living space can be used as a rental property and adds to the livable square footage area of your existing home. The net result is a converted garage space into a beautiful living area and an increased value of your home.
The State Legislature updated the law governing ADUs effective January 1, 2020 to clarify and facilitate the development of ADUs and junior accessory dwelling units (JADUs). One major change is the ability to build a concurrent ADU and JADU on a single-family zoned property. Other modifications include, limited exemptions or reductions in impact fees, and reduced parking requirements. Click here to view the complete Accessory Dwelling Unit Technical Assistance Memo from the California State Department of Housing and Community Development for more information.
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