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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