Investing in LA? Thoughts on new builds? (Duplex/multiunit)
3 Replies
Kasia Harmata
Real Estate Agent from Orange County, CA
posted 18 days ago
What are your thoughts on investing in Los Angeles? Ex project: purchase single family, tear down, and build multiunit.
Cesar Ruiz
replied 18 days ago
It seems to me like it would be really expensive to do so, maybe come with the same strategy and look for a house thats 3 beds maybe you can add a divider wall to rent 2 bedrooms make the 3rd a studio and convert garage into ADU might be cheaper than buying tearing down and building
David Frandsen
Real Estate Investor from San Diego, CA
replied 18 days ago
If the zoning is right and the numbers crunch out, why not? But as @Cesar Ruiz mentioned you could look into the ADU route. If it is a multifamily zoned lot you can build two detached ADU's.
Xander Tertychny
Developer from Los Angeles, CA
replied 18 days ago
It depends on how many units you can get on the property. If you're tearing down SFR for duplex of triplex, its probably not worth it, and you're better off keeping the value of the original home and going the ADU route
I've been evaluating SFR properties for small lot subdivision redevelopment, and 4 units is usually the minimum amount needed to pencil out the development, but lot size and neighborhood are a big factor.
Free eBook from BiggerPockets!

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you