SB 1211 for 24-unit apartment in Monterey

A 24-unit 24-unit apartment in Monterey qualifies for up to 14 new homes under SB 1211 — 8 detached ADUs and 6 interior conversions. At Monterey's median rent of $2,700/mo, that's ~$454K in additional gross annual rent.

14new homes possible
8detached ADUs
6interior conversions
$454Kest. annual rent

The Monterey scenario

The scenario most Monterey 24-unit apartment owners face: an existing building, mature trees, and a back lot that's currently doing nothing. SB 1211's 4-ft setback and 18-ft height envelope fits 8 detached units behind that primary structure with room for fire-access in front.

Local tip for Monterey: Coastal Commission overlays.

Large multifamily (10+ unit) design playbook

A 24-unit complex is capped at 8 detached ADUs by statute, so the play shifts toward interior conversions: max(1, ⌊units × 25%⌋) = 6 additional units carved from common rooms, oversized lobbies, basement storage, or laundry rooms.

Pro-forma snapshot

Existing units24
Detached ADUs (SB 1211)8
Interior conversions6
Total new units14
Median 1BR rent in Monterey$2,700/mo
Est. additional gross rent$454K/yr
Estimated total project cost~$2,822K
Year-1 NOI estimate~$341K
Stabilized cap rate at cost12.1%
Replacement parking requiredNo (§66313)
Approval pathwayMinisterial · §66314
Typical permit timeline in Monterey75-125 days

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Other property types in Monterey

Duplex in Montereyup to 3 new homesTriplex in Montereyup to 4 new homesFourplex / 4-unit in Montereyup to 5 new homes5-unit apartment in Montereyup to 6 new homes6-unit apartment in Montereyup to 7 new homes8-unit apartment in Montereyup to 10 new homes10-unit apartment in Montereyup to 10 new homes12-unit apartment in Montereyup to 11 new homes16-unit apartment in Montereyup to 12 new homes20-unit apartment in Montereyup to 13 new homes32-unit apartment in Montereyup to 16 new homes

24-unit apartment owners in other Central Coast cities

24-unit apartment in Oxnard~$386K/yr rent · 70-115 days24-unit apartment in Ventura~$420K/yr rent · 70-115 days24-unit apartment in Thousand Oaks~$454K/yr rent · 75-120 days24-unit apartment in Simi Valley~$403K/yr rent · 75-120 days24-unit apartment in Camarillo~$386K/yr rent · 75-115 days24-unit apartment in Salinas~$353K/yr rent · 70-115 days24-unit apartment in Santa Cruz~$487K/yr rent · 75-130 days24-unit apartment in Santa Barbara~$487K/yr rent · 75-130 days24-unit apartment in San Luis Obispo~$403K/yr rent · 75-120 days

Topics relevant to this scenario

Interior conversion ADUs under SB 1211Who SB 1211 helpsImpact fees on SB 1211 ADUsUtility hookups for multifamily ADUsShort-term rentals and SB 1211ADU design under SB 1211SB 1211 pro-forma walkthroughConverting surface parking under SB 1211