California's 2024 ADU Law: The Housing Revolution Begins

AB 1033: What You Need to Know About ADUs | Pros & Cons | Everything LA Real Estate with Mike Babakhanyan

In this episode of Everything LA Real Estate, host Mike Babakhanyan breaks down the new California law AB 1033 and how it impacts Accessory Dwelling Units (ADUs). We dive into the pros and cons of this legislation, exploring how it affects homeowners, investors, and real estate professionals in Los Angeles and beyond.

Pros:

• Increased housing flexibility
• Opportunities for additional rental income
• Easier permitting processes

Cons:

• Potential challenges with zoning regulations
• Limited space for development in some neighborhoods
• Possible increases in property taxes

Whether you're considering building an ADU or want to stay informed on the latest real estate regulations, this video is packed with essential insights.

Stay tuned for more real estate tips, market updates, and expert advice every week on Everything LA Real Estate!

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[calhomeco]

Great informative video on what's to come on new ADU laws!

[arth.]

It's a Bad Thing. You have to share your property. But ultimately you can't pick the buyer's or there conduct.

[HowToADU]

Like your pro-points. For your con points (especially #1 and #2) they aren't actually about 1033 so much as they are arguments against ADUs in general right?

For the lender stuff in #5, you want to recommend your homeowner asks their lender for a partial lien release before they go through the process of condo mapping.

Cool video, Mike.

[GeneMOMS]

ADU is one solution for smart people who shy away from renting, why slave for wages to build landlord family wealth when your family have nothing to show for paying rent. Property Ownerships is the best thing for your money period.