[quote=gzz]SDR: we already debated how practical it is to add backyard units to an existing suburban style property.
I think it can make economic sense, but rarely will be a slam dunk.
Here’s the first result I saw looking for encinitas adu and jadu construction. I note it is a complete teardown and gigantic .27ac lot less than a full block to the beach.
A 1 br around me is over $400k plus taxes and HOA of approaching $1000/ month. I can build a luxurious 2br /2ba for around $300k I could easily rent monthly furnished for as much as $5000 and at least $4000 or more’s I could easily get at least 3k on yearly lease. Tax increase will be minimal and no HOA fee. That 1br rents just over $2k.
Please explain how this is not as much of a slam dunk as exists anywhere?
Btw that house is nowhere close to a block from the beach unless you cut through someone’s property and jump off a 100’+ cliff