SB 1211 for Triplex in Monterey
Own a triplex in Monterey? SB 1211 lets you stack 4 new units on top of your existing 3: 3 detached + 1 interior. At Monterey's median rent of $2,700/mo, that's ~$130K in additional gross annual rent.
The Monterey scenario
Picture the typical case: a 3-unit triplex 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 3 detached units plus 1 interior conversion — 4 new doors that didn't exist before 2024.
Monterey watch: Coastal Commission overlays.
Small multifamily (2–4 unit) design playbook
Small multifamily lots are usually constrained on width before they're constrained on count. With a 3-unit existing footprint, the binding constraint becomes side-yard setbacks (4 ft min) and the 18-ft height limit. Two-story stacked-flat ADUs over surface parking are the highest-yield typology.
Pro-forma snapshot
| Existing units | 3 |
| Detached ADUs (SB 1211) | 3 |
| Interior conversions | 1 |
| Total new units | 4 |
| Median 1BR rent in Monterey | $2,700/mo |
| Est. additional gross rent | $130K/yr |
| Estimated total project cost | ~$1,075K |
| Year-1 NOI estimate | ~$98K |
| Stabilized cap rate at cost | 9.1% |
| Replacement parking required | No (§66313) |
| Approval pathway | Ministerial · §66314 |
| Typical permit timeline in Monterey | 75-125 days |
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