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Updated 2 months ago, 10/09/2024
Building an ADU in Inglewood CA
I'm looking to build an ADU on my property that is an R2 lot in Inglewood, CA. I've have two proposals from two companies that do this type of build. One come out to $250/sq ft and the other is at $300/sq ft. I've done rehab before and know how to cut costs there but have never built from the ground up. These both seem somewhat high though considering I'm not trying to build anything too fancy or custom. Ideally I would like to build a new construction that's smart and functional that I could then rent out not a palace. These proposals include permitting and planning fees. Am I expecting too much to go lower than $250/sq ft? Is that even possible in a market like LA? Any advice would be greatly appreciated!
Compare the budgets, where is the fat? Based on those numbers for a small project, I would say that's not too far off. Sticks hard costs usually starts at $175 psf without soft costs. So seems about right at $250 - 300. You can send me a note if you like and I'll look at it.
I have no development experience but 2 clients have built permitted ADU's in adjacent LA (90047), and both were under $130k, with your quotes a 800 sq ft ADU would be $200k. What is your ultimate goal, are you selling the property or renting? Also, whats the current use of the property as I spoke to Inglewood planning officials to inquire about doing an ADU or additional unit on a R2 lot, with the existing use being a duplex, and they gave me a hard no to both.
Quote from @Clarence Johnson:
I have no development experience but 2 clients have built permitted ADU's in adjacent LA (90047), and both were under $130k, with your quotes a 800 sq ft ADU would be $200k. What is your ultimate goal, are you selling the property or renting? Also, whats the current use of the property as I spoke to Inglewood planning officials to inquire about doing an ADU or additional unit on a R2 lot, with the existing use being a duplex, and they gave me a hard no to both.
Got my yes.