First ADU condo sale in California signals new path to ownership in San Jose
TL;DR
In San Jose, a 749-square-foot backyard ADU sold for about $530,000, making it the state’s first ADU condominium under Assembly Bill 1033 and pitched by officials as a new route to affordable homeownership in one of the nation’s most expensive housing markets.
- Dystopian future of California housing revealed — as concerning $500K sale goes through New York Post
- San Jose 749-square-foot, 2-bedroom ADU condo sells for $530,000; first-of-its-kind sale for CA ABC7 Bay Area
- California’s first ADU condo sale offers cheaper path to homeownership in San Jose The Mercury News
- NEWS RELEASE: San José Home to First Accessory Dwelling Unit (ADU) Condo Sale in California City of San Jose (.gov)
- A Backyard ADU Just Sold Separately From the Main House for $530,000 Yahoo
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