April 14, 2024 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Maxable to Host First Citywide Tour of New Accessory Dwelling Units on Saturday

Tour showcases the benefits of having an ADU, revised laws that make it easier to build 

By Susan Payne

Accessory Dwelling Units — more commonly known as guesthouses, granny flats or cottages — are more accessible than ever in California thanks to revised laws designed to actively promote construction. 

On Saturday, Maxable, a team of ADU experts, are opening up guest units in Los Angeles for a self-guided tour, complete with the homeowners who are benefitting from the extra income, the contractors who built the ADU and lenders who helped financed the construction. 

ADUs exist on a residentially zoned property and have a kitchen, bathroom, living space and its own entrance, and could be a standalone unit, a garage conversion, an above-garage unit or attached to the main property. 

Since any residentially zoned property in California can now have an ADU, this is an opportunity for homeowners to start construction on their property, have additional rental income or welcome friends or family as guests in their own separate dwelling. 

“Rental vacancies are about 4% in Los Angeles, which means that 4% of rentals are vacant at any given time. That signals there’s so much demand in the state that isn’t being filled by existing properties,” said Caitlin Bigelow, CEO at Maxable. 

The tour starts at 9 a.m. with a virtual educational seminar on ADU that details cost and regulation tips for getting started, and how to find and hire the right team. Then at 11 a.m., ticketholders can travel around to the sites and visit the properties using a digital map. The units are open for viewing until 3 p.m. 

“For a lot of people, building an ADU is a six figure decision, and a lot of people want to know how concretely it’s going to work out, so we’re excited to host this tour.”

Ticketholders can start the tour at any location, but the route includes eight units north of the LAX airport to Santa Monica, into Beverly Hills, down to Inglewood and then to Marina Del Ray and Culver City. 

“Maxable helps homeowners with pre-project planning and contractor sourcing for the projects — so all sorts of different companies are showing off units in the tour,” Bigelow said. 

If you’ve been thinking about adding an ADU on your property, this is a fantastic way to learn the important information, see firsthand how amazing these units can be, and talk to people who were in your exact same position one year ago, she said. 

One of Maxable’s clients converted her garage in Los Angeles and rents specifically to travel nurses. Some nurses have a hard time finding medium-term furnished apartments, so this allows the unit to be occupied on as needed basis in case the homeowner doesn’t want the property rented year round. 

“Because it’s a brand new unit with modern appliances, homeowners can charge a price that makes the cash flow opportunity very attractive. In a typical 600 square foot space, the going rent is about $3,000 per month,” Bigelow said. 

Another client houses a family member who is getting older and didn’t want to live alone in Florida. She moved into the new unit and is able to see and be around family, but also have the privacy of living in her own space.

“ADUs enhance the benefit of multigenerational living; having family members so close, but also giving them their own private space,” Bigelow said. “We want to show people the cost of different projects during the tour. What does a $150,000 project look like versus a $250,000 project? We want to educate homeowners on all the benefits an ADU investment could bring to their lives.”

To purchase tour tickets, visit ADUtour.net.

Related Posts

Registration Now Open for Summer at New Roads

April 12, 2024

April 12, 2024

New Roads School is accepting registration for its summer program, a vibrant selection of classes and camps curated to meet...

CodeREV Inspires Kids to Code

April 12, 2024

April 12, 2024

Budding coders, robotics engineers, game developers, animators and STEM campers are invited to join CodeREV this summer for a memorable...

YMCA Santa Monica: When School Is Out, Camp Is In

April 12, 2024

April 12, 2024

As the Santa Monica-Malibu Unified School District nears its end,  YMCA Santa Monica is setting up for its popular Summer...

Top 4 Party Boat Rentals in San Diego

April 12, 2024

April 12, 2024

Here’s a rundown of the top 4 party boat rentals that will elevate any event to an unforgettable experience: Alana...

Earth Day Celebration Coming to Village Green

April 12, 2024

April 12, 2024

Attendees Can Indulge in a Variety of Culinary Delights, Including Savory or Sweet Crêpes From la Crepe du Jardin, Shane’s...

Accents Owner Steven Hanna Reflects on Decades Long Legacy

April 12, 2024

April 12, 2024

For 37 years, Accents Jewelry has transcended mere commerce, evolving into a vibrant community, a crucible of creativity, and a...

Westside Artists to be Showcased at Winston House

April 12, 2024

April 12, 2024

Tickets Are Available for $15 Presale and $18 at the Door Experience a showcase of talented Westside artists at Winston...

Venice Shorts: Media Trucks Scour Canals After Saturday’s Violent Assaults

April 11, 2024

April 11, 2024

Just How Safe Is Venice? By Nick Antonicello Car vandalism, tool theft, break-ins, property theft, pick-pocketing at the beach, rampant...

Lyft Driver Charged with Sexual Assault Following Investigation

April 11, 2024

April 11, 2024

The Incident Occured in September By Zach Armstrong A Lyft driver who allegedly sexually assaulted a woman last year has...

Upcoming Fundraiser to Support the Venice Japanese American Memorial Monument

April 10, 2024

April 10, 2024

The Statue Honors the More Than 1,000 Japanese Americans in the L.A. Area Who Were Deported to the Manzanar Internment...

Parisian Artist to Debut Solo Exhibition at Venice Art Gallery

April 10, 2024

April 10, 2024

The Show Is Free, Open to the Public, and All Art Will Be Available for Purchase Paris-based artist Simon Frankart,...

Homeless Man Threatens Lifeguard With Rod, Shuts Down PCH Traffic While Perched on Cliff

April 10, 2024

April 10, 2024

The Incident Halted Traffic for Over an Hour By Zach Armstrong A homeless man was arrested by authorities on Monday after...

(Video) Fire Ravages Venice Home After Attempted Burglary on Same Block

April 10, 2024

April 10, 2024

LAPD Says There Was No Evidence of Arson @yovenicenews This Venice home was ravaged by a blaze. #venicebeach #venice #losangeles...

Now Enrolling: St. Matthew’s Summer Enrichment Program

April 10, 2024

April 10, 2024

Discover the magic of St. Matthew’s Parish School through their Summer Enrichment Program, offering a timeless summer camp experience infused...

Two Women Assaulted and Injured Near Venice Canals, LAPD Initiates Investigation

April 9, 2024

April 9, 2024

The Venice Community Will See an Increase in Patrols Along With Black and White Police Vehicles By Zach Armstrong An...