As of 2020 Multifamily properties in California can add units via ADUs. Historically low interest rates makes an investors return on investment almost immediate.
Add up to 25% of your current unit count AND 2 detached units
Replace non-income generating parking with income generating units
Add value to your building without evicting tenants
Increase your monthly cash flow and the value of your building
Some of the most common types of Multifamily ADU conversions include:
Converting existing common area rooms such as laundry rooms, storage, basements
Converting free standing parking
Converting tuck under parking
New builds on unused land
Adding an ADU(s) makes sense for most multifamily properties in Southern California. Ask us to calculate what the best Return on Investment for your project would be.
