What is the new law in California for ADU 2024? | AB1033

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.
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[@calhomeco]

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

[@mikebabakhanyan7471]

A lot of changes are coming! It’s best to be informed

[@Love4Plex]

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.