Date: November 18, 2023
Location: Santa Monica Beach
Enrique Morales, representing workforcehomes.com, unveiled the company's latest offering in affordable housing solutions at an open house event in Santa Monica. The highlight was the introduction of the smallest movable tiny home unit. Attendees were invited to explore more options on their website and avail of personalized tours for an up-close experience.
The City of Los Angeles has officially recognized these movable tiny homes as Accessory Dwelling Units (ADUs). This decision is anticipated to serve as a model for other cities grappling with the affordable housing crisis. Morales emphasized the numerous benefits of these tiny homes. They are exempt from building permits, do not trigger property tax reassessments, and have a shorter depreciation period of just five years, making them a lucrative investment, especially for rental purposes.
The workforcehomes.com website details the benefits and installation requirements for these tiny homes. Ideal for working individuals, these units can be installed in underutilized spaces of residential or apartment properties. Installation prerequisites include compliance with ADU setbacks, DMV registration, certification as a tiny home, and necessary utility hook-ups, including wheel skirting.
Homeowners stand to gain substantially from these movable tiny homes. Benefits include increased rental income with a 25% ROI, no impact on property tax, exemption from building permits, avoidance of standard building regulations, rapid installation, reduced building and acquisition costs, and the aforementioned accelerated depreciation.