Remove 2018 Remove Compliance Remove Rental Income
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Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

These reforms included: Banning minimum lot sizes for ADU construction Eliminating impact fees for smaller ADUs Easing parking requirements Removing owner-occupancy rules Allowing multiple ADUs on certain lots In 2023, Los Angeles County issued over 45,000 ADU permits, much more than the 10,000 permits issued statewide in 2018.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

Rent control can lead to reduced rental income, which in turn affects the overall valuation of properties. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties. Similar propositions were defeated in 2018 and 2020.