California ADU Laws - Using SB9 to add UNITS!

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  • Опубліковано 1 жов 2024
  • California SB 9 and the local ADU laws have incentivized the development of urban housing projects across California. This video shows the implementation of these laws on a project in Southern California where a single family house is being converted into 4 units.
    Our plan is to sell the approved plans to another developer in what we call a "Shovel Ready" project.

КОМЕНТАРІ • 8

  • @OldsmobileCutlassSupremeConver

    National city has an extremely aggressive code/ building dep.
    They follow the recent sale.
    Drive them. If any work is going on without a permit.
    You are screwed and will be made an example of.
    It's called a task force.

  • @JenuineCuisine
    @JenuineCuisine 2 роки тому +1

    Hi Mark. I’m a real estate investor in San Diego and looking to do the BRRRR strategy too. I would love to connect with you to learn.

  • @johna9904
    @johna9904 Рік тому

    did you have to sign an affidavit to move into one of the properties and which one are you moving into, the current house or the ones you will be constructing on the newly split lot? how long did the sb9 take from applications to approval of the lot split? did you have to submit the house plans with the lot split application?

    • @dotycapital
      @dotycapital  Рік тому

      Hey John, yes we had to sign the affidavit and have options for which one we move into. The process is still underway and we did submit the building plans at the same time. The development office usually has some level of corrections and this project was no different. You have to plan for at least 9-12 months for approval.

  • @jbirdfunk
    @jbirdfunk 2 роки тому

    How do you get around the owner occupied requirement of SB 9?

    • @dotycapital
      @dotycapital  2 роки тому

      It’s been a sticking point for me. I have a couple ideas but none that work across the board or that I want to publish online.

  • @GSDubs408
    @GSDubs408 2 роки тому +1

    Still a bit confused on SB 9. Do you have to lot split to be able to build that many units in the yard?

    • @dotycapital
      @dotycapital  2 роки тому

      @Robert Gonzalez. Thanks for the question! Not necessarily. The lot split is a component of the bill but not the only component. After building the units, you have the option to split the lot and sell separately, IF you record your intention to owner occupy one unit for at least three years.