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Alan DeRossett
  • Investor
  • Thousand Oaks, CA
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New California Bonanza with the signing of SB9 in California

Alan DeRossett
  • Investor
  • Thousand Oaks, CA
Posted Sep 18 2021, 08:49

on September 16 Governor Newsome Signed into law SB9 that does allow California homeowners to build additional housing units Subdivide and even sell Smaller lots with additional housing units separately. a Homeowner must be living in the property for 3 years and must have the larger lot size. it excludes Historical Designated homes and districts. I see a real estate Bonanza of new opportunities for us to partner with existing homeowners on larger lots built and subdivide. the Boxable Casitas for $50,000 prefab comes to mind. What new opportunities do you see with California SB9?

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