My First ADU in Los Angeles

[Fay Chen]

Investment Info

Purchase price: $150,000
Cash invested: $150,000

Garage conversion ADU at primary residence. Increased property value by ~$200K. Rent $2000/mon. Taken HELOC at promotional rate of 3.75% for the first year.

[Fay Chen]

Quote from @Tony Kim:

Wow, that looks fantastic! Congratulations! Can I ask how long the project took? I'm interested in a garage conversion also, but more for my Mom as I know we will eventually need to take care of her. I might hit you up sometime for the contractor you used. 😀

 Thank you, Tony. The construction took 3 months. The permitting took over a year because I had a bad architect and city.