SB 1211 for 32-unit apartment in San Mateo

San Mateo's SB 1211 math for 32-unit apartment owners: 8 detached ADUs (the §66323 cap), plus 8 interior conversions. Total: 16 new homes. At San Mateo's median rent of $3,000/mo, that's ~$576K in additional gross annual rent.

16new homes possible
8detached ADUs
8interior conversions
$576Kest. annual rent

The San Mateo scenario

Run it as a sequence: stabilize existing 32 units → permit 8 detached ADUs ministerially under §66314 → convert 8 interior spaces into rentable units → re-tenant at San Mateo medians.

San Mateo-specific note: Peninsula tech rents; very strong upside.

Large multifamily (10+ unit) design playbook

A 32-unit complex is capped at 8 detached ADUs by statute, so the play shifts toward interior conversions: max(1, ⌊units × 25%⌋) = 8 additional units carved from common rooms, oversized lobbies, basement storage, or laundry rooms.

Pro-forma snapshot

Existing units32
Detached ADUs (SB 1211)8
Interior conversions8
Total new units16
Median 1BR rent in San Mateo$3,000/mo
Est. additional gross rent$576K/yr
Estimated total project cost~$3,226K
Year-1 NOI estimate~$432K
Stabilized cap rate at cost13.4%
Replacement parking requiredNo (§66313)
Approval pathwayMinisterial · §66314
Typical permit timeline in San Mateo75-130 days

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Other property types in San Mateo

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32-unit apartment owners in other Bay Area cities

32-unit apartment in San Francisco~$595K/yr rent · 90-150 days32-unit apartment in Oakland~$518K/yr rent · 70-120 days32-unit apartment in San Jose~$557K/yr rent · 60-100 days32-unit apartment in Berkeley~$538K/yr rent · 75-130 days32-unit apartment in Fremont~$557K/yr rent · 70-115 days32-unit apartment in Hayward~$480K/yr rent · 70-115 days32-unit apartment in Richmond~$461K/yr rent · 70-115 days32-unit apartment in Concord~$461K/yr rent · 70-115 days32-unit apartment in Walnut Creek~$518K/yr rent · 75-120 days32-unit apartment in Santa Rosa~$442K/yr rent · 75-120 days32-unit apartment in Napa~$461K/yr rent · 75-120 days32-unit apartment in Vallejo~$403K/yr rent · 70-110 days

Topics relevant to this scenario

SB 1211 in historic districtsSelling SB 1211 ADUs separatelySB 1211 and affordable housingSB 1211 in the coastal zoneAppealing an SB 1211 denialSB 1211 parking requirementsSB 1211: first steps for ownersCommon SB 1211 mistakes