Any body doing ADUs ( granny flats) in Vista, San Marcos

[Manraj Singh]

Hi, I recently bought a SFR with a detached garage. The plan is to convert the garage to a rentable ADU. I am in the stage of finalizing the plans before sending over to the city.

I am contemplating either a 1Bed1Bath with patio vs 2Bed1Bath with no patio extension. On Paper, the 2Bed1Ba extension makes more sense but I am not convinced having no outdoor space would attract long term tenants. 

I would like to get in touch with someone who has run the numbers for their ADU/Granny Flat in north county San Diego.

Thanks, Manraj

[Geo Cruz]

Im starting an ADU in Escondido right now and had previously started one in Vista on an attached garage on a SFR. My take is in line with Dan where its critical to make sure that the ADU makes sense for your particular goals and in line with the location of your property.

In my Vista property, I found that the rental market in my particular neighborhood was not quite receptive of an ADU. Im sure that the valuation would have also been low as I feel I might have been trying to push a project where it did not fit. I ended up not building the ADU but was ok with it since we ran our original pro formas without it. My biggest takeaway was to evaluate deals with worst case scenarios and with exit strategies and decide if you are ok with the worst happening.