Without actually building the 3rd unit, would this new triplex eligibility increase my property's value? 

1) Yiu REALLY need to know what CA will  allow you to do, I don’t know, but the state may say too bad landlord, you lose. 2) Assuming your attorney (Or you if you’re able to decode the laws that relate to your situation and are willing to go to court in front of a judge against a “sick” kid.) think you have the right to collect the rent I’d give them two options. 

Quote from @Jerryll Noorden: I don't know about you all, but I for one am getting sick and tired of these "wholesaling is dead" posts.please, dude.

The importance of lowering expenses and increasing efficiency to maximize property income.

I'm sure the owner was sick of me.

This was in a middle class neighborhood and I get why that is less risk however with apartments increasingly including laundry, I would imagine demand lessening in that location. 

That will show what proposed tax increase you will see.

Cheap money and low rates produce euphoria, which increases flow of money to an asset, which pushes up the price to uninvestable levels.I think it's going to get worse than better in the short term.Gino

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.

It does beat the expected inflation rate of 2% set by the Fed.Rents will remain about the sameWhat’s interesting is they also expect:A 11.7% increase in existing home inventory followed by Single-family new home starts growing at an impressive 13.8%.