HAVE A SINGLE-FAMILY HOME IN LONG BEACH, CALIFORNIA: HOW DO I SPLIT MY LOT WITH SB 9?
Owning a single-family home in Long Beach, California, presents a unique opportunity, especially with the introduction of Senate Bill 9 (SB 9). If you’re considering splitting your lot to maximize its potential, you likely have a plethora of questions. Let’s dive into the process, costs, and best practices to ensure a smooth transition.
Understanding SB 9 and Its Implications
SB 9, also known as the California Housing Opportunity and More Efficiency (HOME) Act, was signed into law in September 2021. It allows homeowners in single-family zones to split their lots and potentially add up to three additional units. This can be a game-changer for property value and potential rental income.
Where to Start?
Assessment: Begin by assessing your property’s size, layout, and zoning. Not all properties may be suitable for a lot split, so it’s essential to understand the potential and limitations of your specific lot.
Research Local Regulations: While SB 9 is a state law, local municipalities might have specific guidelines and requirements. Familiarize yourself with Long Beach’s local regulations regarding lot splits.
How Much Would It Cost?
The cost of splitting a lot can vary based on several factors:
Surveying and Planning: Before any construction begins, you’ll need a detailed survey of your property. This can range from $1,500 to $5,000 or more, depending on the complexity.
Permitting: Fees for permits can vary widely based on local regulations. In Long Beach, you might expect to pay anywhere from $5,000 to $15,000 for various permits.
Construction: The cost of construction will depend on the type and size of the units you plan to build. On average, construction costs in Long Beach can range from $200 to $500 per square foot.
Who Should I Talk To?
Local Planning Department: Start with the Long Beach Planning & Development Department. They can provide guidance on local regulations, required permits, and potential challenges specific to your property.
Real Estate Attorney: They can help you navigate the legal aspects of lot splitting and ensure all paperwork is in order.
Trusted Development Partner: Companies like RHE Development, LLC specialize in guiding homeowners through the complexities of SB 9. They can connect you with vetted professionals, streamline the process, and provide expert advice every step of the way.
Hiring Professionals: The Right Way
When it comes to hiring professionals, whether architects, builders, or contractors, due diligence is crucial. Here’s a step-by-step approach:
Research: Look for professionals with experience in lot splits and SB 9 projects.
Interview: Don’t settle for the first professional you meet. Interview multiple candidates to gauge their expertise and compatibility.
Check References: Ask for and check references. Past clients can provide insights into a professional’s reliability, quality of work, and adherence to timelines and budgets.
Partner with Experts: RHE Development, LLC, with its vast network of vetted professionals, can significantly simplify this process. They ensure that every professional you work with understands the nuances of SB 9 and delivers quality work.
Splitting your lot under SB 9 can be a lucrative venture, but it’s not without its challenges. With the right guidance, due diligence, and expert partners like RHE Development, LLC you can navigate this journey confidently, ensuring that your property reaches its full potential. For a consultation with our California SB 9 specialists, reach out to us at 888-853-3375, text (562) 244-8784, or email [email protected]