Wednesday, March 14, 2018

Investment Opportunities in Mountain View with ADUs

The city of Mountain View is embracing backyard rental units, which they call companion units, as a means to address the housing shortage. Officially known as Accessory Dwelling Units (ADUs) and more commonly known as granny units, Governor Brown passed legislation in 2017 aimed at easing local restrictions on ADUs. In supported this legislation, Mountain View has adopted several zoning ordinance amendments to encourage the construction of more companion units.   

Mountain View companion units can be up to 700 sq. ft., attached or detached from the primary home, only need 1 uncovered parking spot and in some cases, can share the driveway and garage with the primary home.

Click here for Mountain View’s Companion Unit Regulations

ADU workshops have been held at Techcode, 1172 Castro St, Mountain View, CA
Back Yard Rental Units as a Means to Address the HousingShortage

Purchasing single-family homes and adding an ADU will create a great rental income property, while gaining single-family home levels of appreciation. Between the first quarter 2017 to the first quarter 2018, the median price of a single-family home in mountain view rose 36%.


There are builders specializing in ADU construction, such as Tony Chan, CEO at adu-builder.com, who will build your granny unit for a share of the rent.
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