SB9 Urban Lot Split Los Angeles

[Leah Miller]

Hi, looking into a SB9 Lot split in Los Angeles. Has anybody successfully executed one?  

[Kamar G.]

I don't agree with the above. Tagged as a developer, surely, you'd want there to be more development projects. While you did point out the negative aspects of a deal like this, you didn't really highlight the pros on the RE side and future investment, appreciation etc.

I've done two of these projects in the past 3 years in SoCal. One SFH, turned Primary house + JDU + Detached ADU. And an actual lot split which was a SFH on .85 acre now turned into two separate lots, with a duplex on each lot. Appraisals are now being compared to multi-family. Ended both projects well in the green.