SB 1211 for 10-unit apartment in San Mateo

San Mateo's SB 1211 math for 10-unit apartment owners: 8 detached ADUs (the §66323 cap), plus 2 interior conversions. Total: 10 new homes. At San Mateo's median rent of $3,000/mo, that's ~$360K in additional gross annual rent.

10new homes possible
8detached ADUs
2interior conversions
$360Kest. annual rent

The San Mateo scenario

Run it as a sequence: stabilize existing 10 units → permit 8 detached ADUs ministerially under §66314 → convert 2 interior spaces into rentable units → re-tenant at San Mateo medians.

Local tip for San Mateo: Peninsula tech rents; very strong upside.

Large multifamily (10+ unit) design playbook

A 10-unit complex is capped at 8 detached ADUs by statute, so the play shifts toward interior conversions: max(1, ⌊units × 25%⌋) = 2 additional units carved from common rooms, oversized lobbies, basement storage, or laundry rooms.

Pro-forma snapshot

Existing units10
Detached ADUs (SB 1211)8
Interior conversions2
Total new units10
Median 1BR rent in San Mateo$3,000/mo
Est. additional gross rent$360K/yr
Estimated total project cost~$2,016K
Year-1 NOI estimate~$270K
Stabilized cap rate at cost13.4%
Replacement parking requiredNo (§66313)
Approval pathwayMinisterial · §66314
Typical permit timeline in San Mateo75-130 days

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Other property types in San Mateo

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10-unit apartment owners in other Bay Area cities

10-unit apartment in San Francisco~$372K/yr rent · 90-150 days10-unit apartment in Oakland~$324K/yr rent · 70-120 days10-unit apartment in San Jose~$348K/yr rent · 60-100 days10-unit apartment in Berkeley~$336K/yr rent · 75-130 days10-unit apartment in Fremont~$348K/yr rent · 70-115 days10-unit apartment in Hayward~$300K/yr rent · 70-115 days10-unit apartment in Richmond~$288K/yr rent · 70-115 days10-unit apartment in Concord~$288K/yr rent · 70-115 days10-unit apartment in Walnut Creek~$324K/yr rent · 75-120 days10-unit apartment in Santa Rosa~$276K/yr rent · 75-120 days10-unit apartment in Napa~$288K/yr rent · 75-120 days10-unit apartment in Vallejo~$252K/yr rent · 70-110 days

Topics relevant to this scenario

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