SB 1211 for 16-unit apartment in Monterey

Own a 16-unit apartment in Monterey? SB 1211 lets you stack 12 new units on top of your existing 16: 8 detached + 4 interior. At Monterey's median rent of $2,700/mo, that's ~$389K in additional gross annual rent.

12new homes possible
8detached ADUs
4interior conversions
$389Kest. annual rent

The Monterey scenario

Picture the typical case: a 16-unit 16-unit apartment on a Monterey block built between 1955 and 1975, with surface parking that hasn't been fully utilized in years. SB 1211 turns that parking into 8 detached units plus 4 interior conversions — 12 new doors that didn't exist before 2024.

Local tip for Monterey: Coastal Commission overlays.

Large multifamily (10+ unit) design playbook

A 16-unit complex is capped at 8 detached ADUs by statute, so the play shifts toward interior conversions: max(1, ⌊units × 25%⌋) = 4 additional units carved from common rooms, oversized lobbies, basement storage, or laundry rooms.

Pro-forma snapshot

Existing units16
Detached ADUs (SB 1211)8
Interior conversions4
Total new units12
Median 1BR rent in Monterey$2,700/mo
Est. additional gross rent$389K/yr
Estimated total project cost~$2,419K
Year-1 NOI estimate~$292K
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 homes20-unit apartment in Montereyup to 13 new homes24-unit apartment in Montereyup to 14 new homes32-unit apartment in Montereyup to 16 new homes

16-unit apartment owners in other Central Coast cities

16-unit apartment in Oxnard~$331K/yr rent · 70-115 days16-unit apartment in Ventura~$360K/yr rent · 70-115 days16-unit apartment in Thousand Oaks~$389K/yr rent · 75-120 days16-unit apartment in Simi Valley~$346K/yr rent · 75-120 days16-unit apartment in Camarillo~$331K/yr rent · 75-115 days16-unit apartment in Salinas~$302K/yr rent · 70-115 days16-unit apartment in Santa Cruz~$418K/yr rent · 75-130 days16-unit apartment in Santa Barbara~$418K/yr rent · 75-130 days16-unit apartment in San Luis Obispo~$346K/yr rent · 75-120 days

Topics relevant to this scenario

SB 1211 and affordable housingSB 1211 in the coastal zoneSB 1211 in historic districtsSelling SB 1211 ADUs separatelySB 1211: first steps for ownersCommon SB 1211 mistakesAppealing an SB 1211 denialSB 1211 parking requirements