California's SB 9 lets most single-family lots split in two. Type your address and in about 30 seconds we'll check yours against the county maps and the city's rules, then show you what selling the new lot could do for your mortgage.
Most owners put the money toward the mortgage. Slide the numbers to match your home and see both sides: pay down the mortgage, or keep the cash.
Illustrative, not an offer, appraisal or tax advice. Paying down assumes all of the sale goes to the loan and your lender recasts it to a lower payment (ask them; many keep the payment the same unless you do). Principal and interest only. Property tax savings are estimated at about 1.1% of the sale price; the county assessor sets the real number.
ADU example: $3,500 a month rent, $400,000 build cost financed interest only, insurance, maintenance and any added home value left out. Illustrative; every property is different.
Start right here. Then we draw your split on the aerial so you can see exactly where the line and the new home go.
We meet you on site, look at the lot, and run the neighborhood numbers to find the best use of the new lot.
A plan for the new lot, an estimated timeline, and an offer to purchase. No realtor fees.
If you like it, we buy the new lot and handle design, permits, legal and construction, at our cost.
Depending on the plan, when the split is approved (about 8 to 12 months) or when the new home sells (about 15 to 18 months).
New homes are designed and built with Veev Homes, a Lennar company. You carry none of the cost.
We'll draw your lot with the split line and the new home on it, look it over by hand, and send it to you. No cost, no obligation, and we'll only reach out about your property.
We'll look at your lot by hand and reach out within one business day. Want to talk sooner? Call or text Grant at 858.227.4707.
A California law, in effect since January 2022, that lets the owner of a single-family lot split it into two lots and build on the new one, as long as the new lot is at least 40% of the original and at least 1,200 sq ft. A common split keeps about 60% with your house.
No. Your house stays on its own lot and stays yours. Under SB 9 the owner signs a statement that they plan to live in one of the homes for three years after the split.
It reads the same public county and city maps a planner would: parcel lines, zoning, fire, flood, coastal and habitat layers, and the buildings already on your lot. It's a screening, not a survey or a permit. Some things only you can tell us, like whether the home was rented in the last three years, so every lot gets a look by hand before we make an offer.
No. You sell the new lot straight to us, so there's no listing and no realtor commission coming out of your price.
Nothing. We cover design, permitting, legal and construction. You don't put money in.
Only if the sale money goes to the loan and your lender recasts it. Many lenders keep the same payment after a paydown unless you ask for a recast or refinance. You could also keep the cash. A tax advisor can tell you how the sale is taxed for you.
Grant Thiem is a San Diego real estate broker and owner of On Point Real Estate. We buy the new lot on SB 9 splits and build on it with Veev Homes.