SB 1211 for 6-unit apartment in Riverside

In Riverside, a 6-unit 6-unit apartment just became one of the highest-yield SB 1211 typologies — 7 new homes, ministerially approved. At Riverside's median rent of $1,800/mo, that's ~$151K in additional gross annual rent.

7new homes possible
6detached ADUs
1interior conversions
$151Kest. annual rent

The Riverside scenario

The capital stack on a typical Riverside 6-unit apartment project: existing equity (the lot itself, owned outright in many cases), construction loan against the new ADU appraised value, refi at completion against the stabilized rent roll.

Local tip for Riverside: Inland Empire growth corridor.

Mid-size multifamily (5–8 unit) design playbook

This is SB 1211's sweet spot. A 6-unit existing building maxes out the 8-detached cap (or comes close), so design moves are about packing detached ADUs efficiently around the existing structure and converting underutilized parking.

Pro-forma snapshot

Existing units6
Detached ADUs (SB 1211)6
Interior conversions1
Total new units7
Median 1BR rent in Riverside$1,800/mo
Est. additional gross rent$151K/yr
Estimated total project cost~$1,725K
Year-1 NOI estimate~$113K
Stabilized cap rate at cost6.6%
Replacement parking requiredNo (§66313)
Approval pathwayMinisterial · §66314
Typical permit timeline in Riverside60-100 days

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Other property types in Riverside

Duplex in Riversideup to 3 new homesTriplex in Riversideup to 4 new homesFourplex / 4-unit in Riversideup to 5 new homes5-unit apartment in Riversideup to 6 new homes8-unit apartment in Riversideup to 10 new homes10-unit apartment in Riversideup to 10 new homes12-unit apartment in Riversideup to 11 new homes16-unit apartment in Riversideup to 12 new homes20-unit apartment in Riversideup to 13 new homes24-unit apartment in Riversideup to 14 new homes32-unit apartment in Riversideup to 16 new homes

6-unit apartment owners in other Inland Empire cities

6-unit apartment in San Bernardino~$143K/yr rent · 60-100 days6-unit apartment in Ontario~$160K/yr rent · 60-100 days6-unit apartment in Palm Springs~$185K/yr rent · 70-120 days6-unit apartment in Murrieta~$168K/yr rent · 60-100 days6-unit apartment in Temecula~$176K/yr rent · 60-100 days6-unit apartment in Corona~$168K/yr rent · 60-100 days6-unit apartment in Moreno Valley~$160K/yr rent · 60-100 days6-unit apartment in Fontana~$160K/yr rent · 60-100 days6-unit apartment in Rancho Cucamonga~$176K/yr rent · 60-100 days6-unit apartment in Victorville~$143K/yr rent · 60-100 days6-unit apartment in Hesperia~$143K/yr rent · 60-100 days

Topics relevant to this scenario

SB 1211 pro-forma walkthroughConverting surface parking under SB 1211Short-term rentals and SB 1211ADU design under SB 1211Impact fees on SB 1211 ADUsUtility hookups for multifamily ADUsInterior conversion ADUs under SB 1211Who SB 1211 helps