Multifamily ADU Showcase + Open House
Overview
See how a Downtown Long Beach multifamily property added FOUR new income-producing units through garage conversions.
Join ADU Strategist Stephanie Gutierrez for an in-person investor walkthrough of 535 W 3rd St, a nearly completed multifamily ADU project featuring 4 new legal ADUs built from existing garages.
This is a real case study showing investors how to:
- Add units to multifamily without expanding the footprint
- Create high-yield returns on existing buildings
- Convert garages into fully rentable studios
- Maximize California’s ADU allowances for multifamily
- Understand construction scope, timeline, and design
- Calculate real rent projections and MTR strategy
What You’ll See On-Site
✔ Four new ADUs (Unit 17–20) built from existing garages
✔ Updated plumbing, electrical, structural, and layouts
✔ Title 24 compliance + energy-efficient systems
✔ Architectural + engineering decisions behind the build
✔ The full transformation from garages → rentable micro-units
Investor Takeaways
You’ll leave with:
- Rent comps + proforma analysis
- Construction budget ranges
- Yield-on-cost model for multifamily ADUs
- ADU strategy checklist for 2–16 unit properties
- Access to Stephanie’s preferred vendors
Event Details
📅 January 25
⏰ 12-2PM
📍 535 W 3rd St, Long Beach, CA
Good to know
Highlights
- 2 hours
- In person
Location
535 W 3rd St
535 West 3rd Street
Long Beach, CA 90802
How do you want to get there?
Organized by
Stephanie Gutierrez
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