Walnut Creek living at its finest!
Rental prices in Walnut Creek provide an opportunity for anyone interested in taking advantage of California's new Additional Dwelling Unit laws. California has significantly streamlined the process of applying for and building ADUs anywhere in the state. But with the cost of construction essentially fixed throughout the state, the best payoff for these units comes in higher priced rental markets.
(above) 10' ceilings and the insulated plywood sheeting required to meet California energy codes. Construction required manufactured roof trusses but stick framed walls.
(right) standing in the living room looking towards the front door on the left and kitchen window on the right. Diagonal boards provide temporary bracing curing construction. |
With a total construction cost around $150,000 but an annual gross income around $35,000, this ADU will provide a permanent 20% return on the invested construction costs, not to mention increasing the value of the property itself by an amount at least equal to the construction costs.