CA SB 1069 - Los Angeles Garage Conversion (High Cap Rate)
Hello BP, I recently read about Los Angeles relaxing the requirements for additional dwelling units on lots zoned for single residences to comply with SB 1069. I have a detached garage and if the cost of permitting and converting it to a studio is not outrageous it has the potential to be a lucrative rental unit. Has anyone undertaken a permitted garage conversion since SB 1069 took effect? If so, how difficult was the process and were you satisfied with your contractor?