La Jolla Property Owners Can Profit from New State Law Allowing Sale of Auxiliary Dwelling Units
La Jolla, California – Assembly Bill 1033, a new state law that recently came into effect, has the potential to reshape neighborhoods in La Jolla. The law allows for the separate sale of auxiliary dwelling units (ADUs) built on residential properties. This concept, known as “condoization,” involves dividing traditional single-family lots into multiple-family lots, granting separate ownership rights to different parties. While some property owners may see this as an opportunity to sell their ADUs, others have concerns about living next to multiple units or a condominium complex. Similar to a state law in California … Read more