Wyatt Kailiehu
Single family with ADU vs Duplex
23 August 2021 | 9 replies
(C) (i) Multiple accessory dwelling units within the portions of existing multifamily dwelling structures that are not used as livable space, including, but not limited to, storage rooms, boiler rooms, passageways, attics, basements, or garages, if each unit complies with state building standards for dwellings.
JT Goodwin
2020 California ADU and JADU Laws
3 February 2020 | 8 replies
Hi JT, hope this helps.Per Assembly Bill No. 68 (AB-68):"If there is an existing primary dwelling, the total floor area of an attached accessory dwelling unit shall not exceed 50 percent of the existing primary dwelling."
Zahid Aziz
Investment Grade STNL. Going Dark or extending lease term?
27 January 2020 | 7 replies
That is until they understand how the financing works in that space.Lenders assess RISK based on credit of tenant (investment grade usually most coveted), followed by lease term, location, and borrower.If you flip the credit of the tenant to where it is mom and pop or small franchisee then it becomes reverse typically.
Juan V Lopez
In VERY One-Sided Deal With Landlord For My Business Building
25 January 2020 | 19 replies
Our building stands alone on a corner lot with lots of parking – very rare and coveted in our area.
Tori Applegate
Accessory Dwelling Unit- Laws?
24 January 2020 | 0 replies
So I’ve found a house that I would have to do some work to, but at the end would be able to rent it out by the room. This property also has a 15x30 ADU. I’d like to know if it’s possible to turn this into an additiona...
Ben Chow
CA ADU question FAQ
2 February 2020 | 11 replies
1) It is not yet clear but it seems that you will be grandfathered in at the time when the changes occur in regards to occupancy changes.2) Per AB-68:"(A) One accessory dwelling unit and one junior accessory dwelling unit per lot with a proposed or existing single-family dwelling if all of the following apply:(i) The accessory dwelling unit or junior accessory dwelling unit is within the proposed space of a single-family dwelling or existing space of a single-family dwelling or accessory structure and may include an expansion of not more than 150 square feet beyond the same physical dimensions as the existing accessory structure.
Ben Chow
R3 Zone in El Segundo Less than 4000 sq ft lot
28 January 2020 | 3 replies
Per AB-68: "(A) One accessory dwelling unit and one junior accessory dwelling unit per lot with a proposed or existing single-family dwellingR1 with ADU Owner occupancy : Owner occupancy has been removed till 2025 but what happens in 2026 ?
Nicholas J.
Encroachment on Foreclosure Property
23 February 2020 | 4 replies
A property generally requires a principle building before an accessory building can be built.
Steven N.
Considering light updating. What would you do w this kitchen/bath
26 February 2020 | 4 replies
Paint the walls a fresh white and stage the room with a modern rug and shower curtain (to conceal the tile) and accessories (towels, a small plant, glass apothecary jars for cotton balls, etc.).
Joe Vahedi
Can you BRRRR with an unpermitted ADU? Will the appraiser call it
2 March 2020 | 4 replies
@Joe Vahedi Every project I've done with recently added units has had some level of difficulty with appraisals - I have had to go out of my way to prove that the additional unit is permitted and compliant with zoning in order to qualify it with the underwriter and the income from it.Here's Fannie Mae's guidance on it: https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B4-Underwriting-Property/Chapter-B4-1-Appraisal-Requirements/Section-B4-1-3-Appraisal-Report-Assessment/1736875861/B4-1-3-05-Improvements-Section-of-the-Appraisal-Report-10-24-2016.htm#Accessory.20UnitsLenders and underwriters can speak to the details better than I can, but I would be VERY cautious about assuming a building with an unpermitted unit (even if typical for the neighborhood) would appraise with that unit included.