This company is building backyard homes at no cost to Los Angeles homeowners

C5C99FFE-CF5C-4A7E-AF3F-89F90B68396C

Crews build an ADU in the backyard of the McCauley residence in Gramercy Park.

But homeowners have to be willing to rent out the units.

Davita and Martin McCauley were starting to think about how, in the years to come, they would care for her mother as she aged .

The McCauleys own a classic World War II-era Southern California home: a peach-hued stucco bungalow in Gramercy Park, with a grassy lawn in the front and a detached garage in the back.

They were toying with the idea of eventually moving her into their three-bedroom house, and adding a second story to make more space, when they were introduced at church to a mutual friend working for a new company called United Dwelling.

At no cost to homeowners, the company builds “granny flats” in the backyards of single-family homes, finds a tenant to rent them out to, and splits the lease revenue with the homeowner for up to 25 years, at which point the homeowner owns the unit outright.

Continue reading… “This company is building backyard homes at no cost to Los Angeles homeowners”

0