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All Forum Posts by: Jayne Wayne

Jayne Wayne has started 3 posts and replied 5 times.

Hi Bradley

Thanks so much for your reply. I went in person to the planning/zoning department in downtown SLO. Their message was that the Coastal Commission is preventing all ADU's in Cambria and Los Osos, full stop. I gathered it was a hot button issue from the tone of the supervisor who appeared from behind the planner at the desk I was speaking with. She emphatically stated that ADU's weren't allowed in Cambria and Los Osos per the Coastal Commission. I have a 1937 beautifully maintained detached secondary unit that I'd like to be able to rent. It's complicated to get straight-forward answers these days. I think the SLO county planning department used to function better pre-covid.

Within a couple Central Coast communities, the California state ADU laws have been thwarted because just one or two locals on a mission to pull up the drawbridge have enlisted the Coastal Commission to prevent growth of any kind. It's a real 'pull up the drawbridge' scenario under the guise of water conservation in my humble opinion. It's my understanding there is pushback from the state and lawsuits locally to challenge their authority thereby allowing the California state ADU laws to be applied equally. However, I'm uncertain where this stands. Does anyone have current information on the ADU status as it relates to the Coastal Commission's ADU moratorium? I'm a Central Coast home owner who is interested in joining the fight to reclaim property rights per the state's ADU laws. Does anyone have current information or thoughts on where I might look to find it?

Thank you, Jovelyn! I'm on the Central Coast of Ca, but input from anywhere is helpful. 

What language or lingo did county assessor’s use to describe detached secondary living units with bathrooms in the 1950’s/1960’s in California? Would the unit have been described as a Granny unit, Granny flat, bungalow? I suspect states would have different descriptions. I’m looking in California. What have you seen? 

Investment Info:

Single-family residence buy & hold investment in New Orleans.

Purchase price: $390,000

Purchased my home and guest house as a fixer-upper in 2014.

What made you interested in investing in this type of deal?

Looking for my home by the ocean with equal value on income and enjoyment potential.

How did you find this deal and how did you negotiate it?

I looked scoured the real estate websites for over 6 months to find the home that suited me best

How did you finance this deal?

Hard money then refinanced with an fha

How did you add value to the deal?

I improved the aesthetic and energy efficiency of both cottages. They have great appeal and rent really well.

Lessons learned? Challenges?

Have a GREAT team. It takes a village.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

A broker I would highly recommend