{"id":66,"date":"2024-11-30T14:00:00","date_gmt":"2024-11-30T14:00:00","guid":{"rendered":"https:\/\/www.markmallorca.com\/blog\/?p=66"},"modified":"2024-11-30T14:00:00","modified_gmt":"2024-11-30T14:00:00","slug":"california-multifamily-building-owners-have-embraced-accessory-dwelling-units-adus","status":"publish","type":"post","link":"https:\/\/www.markmallorca.com\/blog\/2024\/11\/california-multifamily-building-owners-have-embraced-accessory-dwelling-units-adus\/","title":{"rendered":"California multifamily building owners have embraced accessory dwelling units (ADUs)"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>National REITs and local investor-operators have successfully completed numerous ADU projects and plan to continue expanding. Multifamily owners are converting carports, greenways, and other spaces into entry-level apartments, often within a year. New laws and prefabricated construction methods have facilitated faster building timelines. AvalonBay has added around 50 ADUs in California, with average studio and junior one-bedroom units renting for $4 to $8 per square foot, typically leased within 30 days and with few tenant concerns.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.bdcnetwork.com\/multifamily-pro\/news\/55241853\/california-multifamily-building-owners-have-embraced-accessory-dwelling-units-adus\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>National REITs and local investor-operators have successfully completed numerous ADU projects and plan to continue expanding. Multifamily owners are converting carports, greenways, and other spaces into entry-level apartments, often within a year. New laws and prefabricated construction methods have facilitated faster building timelines. AvalonBay has added around 50 ADUs in California, with average studio and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":1,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":68,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions\/68"}],"wp:attachment":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}