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Maximize Income from your Multifamily Property While Following All New State Laws

Learn about adding Accessory Dwelling Units (ADUs) and Density to your multifamily or single-family property now allowed under the new state laws.  Also, learn all about Senate Bill 721 and your obligation to have your balconies and other elevated exterior elements inspected at your properties.

You can “Kill Two Birds with One Stone.”  With ADU 1, You Can Construct ADUs and Complete Seismic Retrofitting at Same Time!  Sponsored by ADU1 and Retrofit1.

JOIN US to learn about multifamily ADU income opportunities you can take advantage of today. 

Accessory Dwelling Units or “ADUs” are a great way to increase rental income and improve your “N.O.I.”  If YOU are interested in learning about all the new California laws that encourage construction of ADUs, this is the webinar for you!  Today’s regulations and rent control laws, and potential property tax increases already make owning and managing rental property challenging.  ADUs will help to improve your “bottom line.”  So, please join us on Wednesday, August 17, 2022, when ADU experts, David Tashroudian, Esq. and Helen Fowler explain the opportunities YOU may have by constructing an ADU at YOUR property.  Learn about the NEW California laws that allow YOU to add more rental units at your property and boost your income.

As of January 1, 2020, a new state allows multifamily property owners to add up to three or more rental units at their property…that's right – state law allows you to increase the number of rental units you own with very few restrictions.  Under the new “ADU Law,” owners may add two new rental units regardless of square footage or number of units currently at the property and without any issue of local restrictions.  Additionally, YOU may add 25% more rental units on top of that based upon YOUR existing square footage.  New this year, height limits on ADUs has been increased from 16-feet to 18-feet! 

Also, learn how YOU can get YOUR FREE Land Use Analysis by attending this free webinar.  Discussion topics Include:

  • Learn the requirements for balcony and deck inspections for all properties with 3+ units, seismic retrofitting requirements, and how to add units to a multifamily property to generate additional income.
  • The new laws and regulations allowing Accessory Dwelling Units or “ADUs” to be constructed at multifamily buildings, including new allowable height limits and streamlining of approvals.
  • How to add value and rental income to YOUR property with accessory dwelling units (ADUs), while fulfilling all your property's inspection requirements under Senate Bills 326 and 721 - balcony and deck inspection laws.
  • Do you also need to retrofit your building? Learn how YOU can satisfy earthquake seismic retrofitting ordinances while constructing an Accessory Dwelling Unit at the same time!
  • Learn your income potential vs. anticipated project cost – understand YOUR return on investment.
  • Learn how YOU can construct an ADU at your property to increase your multifamily rental income today, RIGHT NOW!
  • How to convert garages, recreational, laundry and storage rooms into Accessory Dwelling Units that you can generate rental income for.
  • Understand your “income potential” vs. “anticipated cost” – Know our R.O.I. potential.
  • No parking? Learn how YOU can eliminate parking at YOUR building with no additional parking requirements so long as your property is located within one-half mile of mass-transit, and how YOU can add even more Accessory Dwelling Units.
  • Learn the “step-by-step” process on how YOU can make this ADU opportunity best work for YOU.
  • Special Bonus Topic: Learn the mandatory requirements under state law requiring balcony, deck, and walkway inspections at multifamily properties.
  • And much, much more – your questions submitted prior to and during the webinar will drive the discussion.

This will be a live, interactive, online learning session.  Live Q&A will take place throughout the online seminar.  Please join us for what will surely be an extremely informative and timely presentation.

This is another of many member-exclusive informative online sessions we have been offering.  Please log in to register.  If you have any questions regarding this event, please contact Events Manager Diana Alcaraz via email at .  For faster service, please have your membership number ready.  We look forward to your joining us.

WARNING:  THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR.  BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME.  SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

About Our . . .

Panelist(s):

David Tashroudian, President, Retrofit1 and ADU1

David Tashroudian is the President at Retrofit1 and ADU1 based in Tarzana, California.  He is both a general contractor and plumbing contractor.  He graduated from the University of California, Los Angeles with a Bachelor’s Degree in Economics in 2005. He received his J.D. from University of California, Hastings College of the Law where he served on the Board of the Hastings Entertainment Law Review.

Helen Fower, Director, ADU1 and Retrofit1

Helen Fower is a Director at ADU1 and Retrofit1, and oversees business development, marketing, sales, and manages the company’s Northern California division.

Moderator: 

Daniel Yukelson, Executive Director, Apartment Association of Greater Los Angeles

Daniel Yukelson is currently the Executive Director of The Apartment Association of Greater Los Angeles (AAGLA).  As Certified Public Accountant, Yukelson began his career at Ernst & Young, the global accounting firm, and since then had served in senior financial roles principally as Chief Financial Officer for various public, private and start-up companies.  Prior to joining AAGLA, Yukelson served for 12 years as Chief Financial Officer for Premiere Radio Networks, now a subsidiary of I-Heart Media, and then 3 years as Chief Financial Officer for Oasis West Realty, the owner of the Beverly Hilton and Waldorf Astoria Beverly Hills where he was involved with the development and construction of the Waldorf.  Yukelson also served for 6 years as a Planning Commissioner and for 3 years as a Public Works Commissioner for the City of Beverly Hills.

About Retrofit1 & ADU1

Retrofi-1 and ADU1 are California design and build construction firm specializing in soft-story retrofitting and commercial accessory dwelling units. California ordinances are currently targeting specific residential and commercial properties with structural designs that do not do well in earthquakes. Accessory Dwelling Units or “ADUs” are all the rage for residential properties, but most do not know the state allows commercial owners to add additional units on-site as well.  Stack the ADU strategy with earthquake seismic retrofitting and you have got a very interesting opportunity at play.

Retrofi-1 and ADU1 have more than 20 years of construction and design experience and have a full staff of professionals to manage the soft-story retrofit process – including the tenant habitability plan, the construction, and the cost recovery at the end.  At the same time or as part of a separate project, Retrofit1 and ADU1 have the expertise to construct Accessory Dwelling Units at your property that will increase your “bottom line.”  Each project is assigned a project manager to keep construction on schedule and budget.

Webinar Details:

Date: August 17, 2022

Time: 11:00 am – 12:00 pm

Cost: {cost}

Ticket Expires Pricing
Member Ticket August 17, 2022 $0.00

Featured Presentation By:

ADU 1
Retrofit1

Panelist(s):

David Tashroudian
David TashroudianPresident, Retrofit1 & ADU1
Helen Fower
Helen FowerDirector, Retrofit1 & ADU1

Moderator:

Daniel Yukelson
Daniel YukelsonExecutive Director, Apartment Association of Greater Los Angeles
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