Realtors, Why are ADUs so important for you in 2024?
An ADU stands for Accessory Dwelling Unit in real estate. It is a secondary housing unit placed on the same property as a main house. Imagine having a small house in your backyard. That's what an ADU is.
Several new laws in California have made Accessory Dwelling Units (ADUs) increasingly relevant for realtors.
Here are some key changes:
Assembly Bill 1033 allows homeowners to sell ADUs separately from their primary residence as condominiums in participating cities. This opens up new opportunities for property owners and potential buyers, creating a new market for realtors to navigate.
Assembly Bill 976 permanently prohibits local agencies from imposing owner-occupancy requirements for new or converted ADU projects permitted after January 1, 2025. This increases flexibility for property owners and investors, potentially expanding the rental market.
Assembly Bill 434 requires all California cities and municipalities to have a pre-approved ADU plan scheme in place by January 1, 2025 This streamlines the approval process, making it easier for homeowners to add ADUs to their properties.
Assembly Bill 2221 mandates that all agencies involved in reviewing California ADU plans, including planning departments and utility companies, respond within 60 days of plan submission. This reduces processing time and could accelerate ADU construction.
Height restrictions for ADUs have been relaxed, allowing them to be built up to 25 feet high instead of the previous 16-foot limit. This allows for more diverse ADU designs and potentially larger units.
How Are ADUs Important?
ADUs are important because they help families and communities. They offer extra living space and can be rented out to make extra money. This helps with local housing shortages and makes properties more useful.
What Are The Features of an ADU?
An ADU comes with everything you need to live there. It has a place to sleep, cook, eat, and a bathroom. It's like a full house but smaller.
Are ADUs Legal?
Yes, in many places like California, ADUs are legal. There are rules to follow, but states encourage building ADUs to help with housing needs.
Bills like AB 1033 have been passed by the state of California to allow ADUs to become their own separate housing unit, effectively increasing housing supply in California.
Can You Rent Out an ADU?
Yes, you can rent out an ADU. This is a good way to earn extra money. But, in some places, ADUs must be rented for at least 30 days, so no short-term rentals like Airbnb.
What Types of ADUs Are There?
ADUs come in different types. They can be separate buildings, attached to your home, or even made from spaces like garages or basements. Each type has its own rules.
How Big Can an ADU Be?
The size of an ADU can be different depending on where you live. In many cases, they can't be larger than 1,200 square feet. It's best to check local rules.
ADUs are a great way to use extra space on your property and can help provide extra income.
Ready to Build Your ADU in San Diego, Los Angeles or Orange County?
Lifehouse SD is here to turn your vision into reality, covering everything from design and permitting to construction with your ADU project. Click here to schedule your free 15-minute consultation with our CEO, Cärrin Johnson, today.
