All Forum Posts by: John Narmontas

Hey everyone! I have a question regarding a deal in the works for Duplex with a permitted rec room in Los Angeles.

Both units in the duplex are rented out and we don’t plan on relocating the tenants. The goal would be to move into the permitted rec room below the second unit.

The rec room is attached to the garage, has its own private entrance, a kitchenette, a full bath, and its own 1/2 address. What’s weird is... title is showing that this property is zoned as a Triplex but it is being sold as a duplex w/ permitted rec room.

The goal would be to get permits to expand the unit into the adjacent garage (which is current used as storage). I have a few questions that I’m hoping someone can answer.

Is it a bad idea to live in the rec room without first getting it approved as an ADU?

The current tenants are using the garage as storage for their junk. Are we allowed to ask them to remove their stuff from the garage so we can use it?

The rec room is only permitted to have a 1/2 bath and kitchenette, however the unit had a shower and gas hook ups for an oven. Would we need to demolish before trying to get it permitted?

I’ve included some pics of the outside of the units and some interior pics of the rec room. Thanks guys

https://imgur.com/a/FHcpoKA

Hey everyone, I’m a fairly new investor living in LA. I currently own a 2 bd 1 ba condo in Long Beach which I’m renting out.

I want to buy a multi family property (ideally a 4 plex) but as you can imagine a 4 plex in Los Angeles is not cheap. I’ve been looking around the country and to me it seems that other cities have much better opportunities for me than in LA. Even with paying property management fees it looks like I can get way better cash flow in places like Dallas or Austin Texas.

The only issue is my GF and her mom are real estate agents in LA. They keep saying that I should just invest in LA and not try to find things out of state. Obviously it’s what they know and they would also get the commission if I bought local.

What are your thoughts on investing in LA vs out of state?

I bought my Long Beach condo for 268k which was a steal. My price range now is probably closer to 400k-700k