Garage Conversion Encino

Published by
Mike Smith
05/31/2018

Call us for a free in-home garage conversion estimate. Our contractors have been converting garages in Los Angeles County way before it was legal…LOL. Call us for a quote here 1-818-532-0482.

A typical garage conversion in the US could range anywhere between $750,000.00 to $150,000.00. However, this can be lowered to around $40,000.00 just for a “bare bones” conversion to as high as $100,000.00. This can be turned into an elegant stylish makeover, equipped with modern appliances and contemporary posh décor. It might appear as though the amount is exorbitant in nature. However, these prices are reasonable, considering doing a conversion in one of the well-sought out areas in California – in Los Angeles. A lot of people are moving into the area for variety of reasons. Therefore, the return in your investment far outweighs the initial expenses that come with garage conversion. To simplify, a reasonable installment for a $20,000.00 loan is around $400.00 – all things considered, and a studio apartment could be rented out for at least $1,000.00/ month. That is a 60% profit-margin income that you get to keep for as long as you lease out your studio apartment. This type of business is quite beneficial to homeowners because they are able to repurpose their underutilized garage space and turn it into their own private space.

Homeowners nowadays prefer to sublease their 3 beds - 2 bathroom to other people for $2,000.00, while paying only $400.00 for their private living space.

lagarage ADU / Garage Blueprint Plans

Encino garage conversion ADU benefits:

  • -The ability to pay off mortgage loans in a much faster rate
  • -Additional income of at least $2,000.00 per month
  • -The ability to purchase things without compromising your needs
  • -Allocate the money to use to reinvest on other properties
  • -The ability to pay unexpected expenses
  • -Expend on seasonal accommodations

The choice is yours on how you would like to spend (wisely, though) the extra $1,000.00 - $3,000.00 per month income. Again, this option is limited to homeowners within the Los Angeles district. Also, not everyone is guaranteed to qualify to convert their garage into a studio apartment. This is going to be based on the legal parameters imposed by your jurisdiction. Other Los Angeles residents have converted their garages into Yoga Studios, Office Space, Daycare Center, and Gym.

Any major changes to the layout of your property is subject to rules and regulations by the city. Therefore, to mitigate any problems that normally come with construction, it is best to acquire the expertise of a licensed and bonded contractor to aid you throughout the process.

Any smart homeowner will know that there are limitations to DIY garage conversion and would rather stay within their capacity and let contractors like LA Garage Conversions do the rest.

Call us for a free-in-home garage conversion ADU estimate. Equipped with 18 years of experience, LA Garage Conversions is always ready to tackle any home projects anywhere within the Los Angeles district.