Agent: “I want to pitch this property to the Mid-City clients. 2 out of the 3 units will be delivered vacant at COE and there is some upside in the rents. The only problem is that the 3rd unit is unpermitted. How hard is it to legalize a rental unit retroactively?”
“Depends on three factors:
1. Does the zoning permit three units?
2. Is there enough parking for three units?
3. Was the construction work to make the third unit done to code or is it janky?