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ADU Fever: Inside The Backyard Housing Boom In California

• Zero Hedge

Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours),

For Sam Andreano, rental income from a detached accessory dwelling unit (ADU) in his backyard initially helped offset mortgage payments, and later provided a place for his son to land.

"[I] started out as just a regular homeowner," said Andreano, a resident of Dana Point, Orange County, who began converting his detached garage into an ADU in 2019.

Researching and permitting took a few months, and total build-time was around eight months. He financed it with cash and a refinance. The entire investment, including all labor, materials, city and associated fees, came out to $165,000, and he rented the one-bedroom unit for $2,500 a month.

Now he's working on a two-story ADU project that he intends to sell as a four-plex.