Maximize Multifamily Income by Taking Advantage of New ADU Laws

Maximize Income From Your Multifamily Property While Following All New Balcony Laws

Adding Accessory Dwelling Units (ADUs) to your property is now allowed by right. Learn how you can take advantage of the latest state laws allowing you to add density and rental units at your property. New laws passed in 2022 further streamline the process of adding ADUs, and new height limits have been increased from 18 feet to 25 feet.

We’ll also discuss your legal obligation to inspect balconies and exterior elevated elements. With ADU1 and Retrofit1, you can construct ADUs and complete seismic retrofitting at the same time—saving time and money. ADUs are a great way to increase rental income and improve your net operating income.

If you're interested in learning about California's ADU construction laws and the potential to generate more income while satisfying inspection and retrofit requirements, this is the webinar for you.

Also, learn how you can get your FREE Land Use Analysis by attending this free webinar.

Discussion Topics Include:

• Balcony and deck inspections for properties with 3+ units, seismic retrofitting, and how to add rental units to increase income.
• New ADU regulations and streamlining laws—including increased height limits and faster approval processes.
• How to fulfill Senate Bill 326 and 721 inspection laws while building ADUs.
• Retrofit while you build—how to satisfy earthquake ordinances and add ADUs at once.
• Understand your income potential vs. anticipated project cost and return on investment.
• Converting garages, laundry rooms, and storage spaces into income-producing ADUs.
• Parking exemptions near transit—how to eliminate parking requirements and maximize ADU unit count.
• Plus, your live and pre-submitted questions will help shape the discussion!

This informative webinar includes Q&A. Submit your questions after registering or live during the event. The discussion will be moderated by Matthew Farghum, AAGLA’s Director of Finance and Operations.

Please log in to register. If you have questions about this event, contact Events Manager Diana Alcaraz via email at diana@aagla.org. For faster service, please have your membership number ready. We look forward to seeing you. Please stay diligent and be healthy!

THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR. BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME. SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

Panelist(s):

David Tashroudian, President, Retrofit1 and ADU1
David Tashroudian is President of Retrofit1 and ADU1, based in Tarzana, California. He is both a general contractor and plumbing contractor. He earned his bachelor’s degree in Economics from UCLA and his J.D. from UC Hastings, where he served on the Board of the Hastings Entertainment Law Review.

Helen Fower, Director, ADU1 and Retrofit1
Helen Fower oversees business development, marketing, sales, and manages the Northern California division of ADU1 and Retrofit1.

Moderator:

Matthew Farghum, Director of Finance & Operations, AAGLA
Matthew Farghum is the Director of Finance and Operations for AAGLA. A CPA, he began his career at Ernst & Young and later served as a senior finance leader at Oasis West Realty, where he helped manage the construction of the Waldorf Astoria Beverly Hills. At AAGLA, he oversees finance, tax, technology, and administration.

Webinar Registration Ticket

Price: Member Ticket – $0.00
Expires: November 8, 2022

Featured Presentation By:

ADU1, Retrofit1