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The average single-family house in California sold for over $834,000 in September (according to the California Association of Realtors), but the average Condo sold for $650,000. That's why the state of California is creating an environment where some homeowners will be able to sell their ADUs separately as condominium units.
But there's a lot to unpack there. Condos are very complicated and detailed and lots of people have been asking questions about the nitty gritty of how you convert an ADU into a condo. So in this video we interview Rafael Perez from the Casita Coalition to get all the detailed answers to your most common questions about AB 1033 and condo ADUs.
Interview with Rafael Perez, VP of the Board of the Casita Coalition
AB 1033 leginfo.legislature.ca.gov/fa...
Separate Sale of ADUs
This is not legal advice. This is general information only. This is an evolving topic and you need to speak to licensed experts about your specific situation.
The thumbnail for this video is derived from a photo of an ADU by @InspiredADUs - this ADU is not a condo. It's just a sweet-looking ADU perfect for a thumbnail :)
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