This area is pretty hot right now in my opinion given it is transitioning, but all of it is rent-controlled for older buildings.

Use the numbers to build confidence.

Hey guys, I'm looking to build an ADU in the back of my primary residence in LA.

I spent the bulk of my career building a portfolio just to wind it down eventually and become a "K-1" investor.

We also tuckpointed the entire building and are putting on a new roof.

I’ve had random individual pieces of K&T show up where there’s no other indication of anymore any where in the building.

Con's- more expensive monthly, locking us down to CLT/ condo building for what I am guessing at least 5 years to at least make it worth it. not as much revenue/wealth building opportunity as duplex

Tenants are building credit to purchase a home.

I'm planning to build a second house on my property to be used as a long-term rental.

Ton of new build neighborhoods going in which have increased supply.