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Is there a cost for applying for this financing plan?
There's no cost to apply and qualify for this financing plan.
Would I need to use Multitaskr for the entire construction of my ADU to qualify for this financing plan?
To be eligible for this financing plan, you must use our services for the entire construction of your ADU.
How much will the value of my property increase after building an ADU?
The value of your property may increase by up to 35%, depending on the location, size and quality of your ADU.
What areas of California do you cover?
Our coverage area includes major Southern California counties and cities such as Los Angeles and San Diego. Schedule a consultation to check if your city is eligible.
What could be the rental price range of my ADU?
The monthly rental price for your ADU will vary based on your property's location, the unit's square footage, and the number of bedrooms. However, the typical rental price for an ADU in California ranges from $1,900 to $3,500 monthly.
What is the average cost of building an ADU?
The cost of building your ADU will fluctuate based on several factors, including size, materials, design, location, site preparation, permits, and city fees. Considering these, the typical construction cost for an ADU ranges from $120,000 to $350,000+.
Can I use this financing option to build a JADU or it has to be an ADU?
Yes, this financing option can be used for any kind of dwelling unit, whether attached or detached.
Do I have to live in the main residence to qualify for this financing plan?
No, property owners are not required to occupy the primary dwelling to be eligible for the financing plan.
How many ADUs can I build?
The number of ADUs varies by city or zone. For example, in San Diego, homeowners can build up to four ADUs, while in Los Angeles, it can be two or three, depending on zoning. Check with local authorities for specifics.