New California Law Eases The Way For Second Units

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New California Law Eases The Way For Second Units

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Even on single family zoned lots you can add a separate residence or an extension on your home for long term rentals, for accommodating your senior mom and pops or whatever you want. The purpose of this law is to address the affordable housing shortage in the state.

Initially a challenge in Laguna was finding the space for another parking spot but now they’ve amended the law so that an additional parking spot is not needed if a bus stop is within a half mile of the property. Many Laguna properties fall within this.

While I learned about this at a Laguna Beach sponsored presentation to contractors I recommend that you don’t get the detail information from me but to read the following city documents.  I think you’ll be pleasantly surprised.

The Laguna Beach Municipal Code contains provisions regarding Second Residential Units in Chapter 25.17.

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Here’s are some good article on the subject:

New California Law Eases The Way For Second Units

California Today: A Housing Fix That’s Close to Home – The New York Times

Meanwhile back to the Laguna Real Estate activity:
Steady Eddie with lots of sales (42) and lots of properties going into escrow (54)

2017-06-14 10_55_00-Start

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Click here to see the rest of detailed information on what is selling in what prices ranges and more.

Laguna Beach community information:

Click on the community name to get detailed sales activity information and click on ‘For Sale’ to show houses available. Please let me know if you’d like to see any of them.

 Area  For Sale  For Rent  Median Listing Price
North Laguna 31 66 $2,594,000
The Village 37 51 $2,596,000
Emerald Bay 21 17 $10,498,000
Rancho Niguel 22 18 $552,000
Woods Cove 21 35 $1,994,000
Main Beach 10 18 $2,274,000
Laguna Terrace Mobile Park 6 1 N/A
Arch Beach Heights 12 6 $1,348,000
South Laguna Bluffs 13 19 $5,062,000
Temple Hills 17 7 $3,622,000
Laguna Heights 28 3 $760,000
Irvine Cove 3 2 $10,494,000
Beacon Hill 12 6 $784,000
Country Village 12 7 $682,000
Three Arch Bay 18 10 $4,374,000

Articles from local papers and of general interest:

Own a home or renting? 5 questions about what Trump’s tax plan could mean to you – Orange County Register

How to stay on top of a home sale and still enjoy the summer – Orange County Register Southern California million-dollar home sales soar to record high – Orange County Register

I’m proud to announce that I’m now partnering with Frank Hufnagel, the top agent at Surterre Laguna, so that I might provide a wider spectrum of services like major advertising in local periodicals. We complement each in many ways and I’m pumped to move forward with a friend and top real estate professional.

Sean_Frank

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About Author

Sean McCracken

As the OC Realtor I’ll help you find your special OC Coastal home at that special price. With my hand holding, I’ll take you through the buying process for the minimal amount of pain - Call Me @ 949-290-5317

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