SB 1211 for 20-unit apartment in Richmond

Own a 20-unit apartment in Richmond? SB 1211 lets you stack 13 new units on top of your existing 20: 8 detached + 5 interior. At Richmond's median rent of $2,400/mo, that's ~$374K in additional gross annual rent.

13new homes possible
8detached ADUs
5interior conversions
$374Kest. annual rent

The Richmond scenario

Picture the typical case: a 20-unit 20-unit apartment on a Richmond 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 5 interior conversions — 13 new doors that didn't exist before 2024.

Richmond-specific note: Rent control applies to existing units; new ADUs typically exempt.

Large multifamily (10+ unit) design playbook

A 20-unit complex is capped at 8 detached ADUs by statute, so the play shifts toward interior conversions: max(1, ⌊units × 25%⌋) = 5 additional units carved from common rooms, oversized lobbies, basement storage, or laundry rooms.

Pro-forma snapshot

Existing units20
Detached ADUs (SB 1211)8
Interior conversions5
Total new units13
Median 1BR rent in Richmond$2,400/mo
Est. additional gross rent$374K/yr
Estimated total project cost~$2,621K
Year-1 NOI estimate~$281K
Stabilized cap rate at cost10.7%
Replacement parking requiredNo (§66313)
Approval pathwayMinisterial · §66314
Typical permit timeline in Richmond70-115 days

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Other property types in Richmond

Duplex in Richmondup to 3 new homesTriplex in Richmondup to 4 new homesFourplex / 4-unit in Richmondup to 5 new homes5-unit apartment in Richmondup to 6 new homes6-unit apartment in Richmondup to 7 new homes8-unit apartment in Richmondup to 10 new homes10-unit apartment in Richmondup to 10 new homes12-unit apartment in Richmondup to 11 new homes16-unit apartment in Richmondup to 12 new homes24-unit apartment in Richmondup to 14 new homes32-unit apartment in Richmondup to 16 new homes

20-unit apartment owners in other Bay Area cities

20-unit apartment in San Francisco~$484K/yr rent · 90-150 days20-unit apartment in Oakland~$421K/yr rent · 70-120 days20-unit apartment in San Jose~$452K/yr rent · 60-100 days20-unit apartment in Berkeley~$437K/yr rent · 75-130 days20-unit apartment in Fremont~$452K/yr rent · 70-115 days20-unit apartment in Hayward~$390K/yr rent · 70-115 days20-unit apartment in Concord~$374K/yr rent · 70-115 days20-unit apartment in Walnut Creek~$421K/yr rent · 75-120 days20-unit apartment in Santa Rosa~$359K/yr rent · 75-120 days20-unit apartment in Napa~$374K/yr rent · 75-120 days20-unit apartment in Vallejo~$328K/yr rent · 70-110 days20-unit apartment in Fairfield~$328K/yr rent · 70-110 days

Topics relevant to this scenario

Utility hookups for multifamily ADUsImpact fees on SB 1211 ADUsWho SB 1211 helpsInterior conversion ADUs under SB 1211SB 1211 and rent controlHOAs and SB 1211Existing vs proposed buildings under SB 1211Fire code compliance for SB 1211 ADUs