Transforming Properties: ADUs and Market Trends in LA

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Key to the City of Angels

Rick Albert

39 episodes

5 days ago

Unlock the secrets of Los Angeles real estate with Rick Albert, your guide to one of the world’s most dynamic markets. With 300+ deals under his belt, Rick shares expert insights on house hacking, investments, and multimillion-dollar deals. The Key to the City of Angels delivers market trends, success stories, and wealth-building tools. Whether you're a first-time buyer, seasoned investor, or just curious, this podcast offers practical advice to help you thrive. Tune in, learn the strategies, and find your key to success in L.A. real estate!

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Transforming Properties: ADUs and Market Trends in LA - EP 32

Key to the City of Angels

46 minutes 31 seconds

2 months ago

Transforming Properties: ADUs and Market Trends in LA - EP 32

In this episode of The Key to the City of Angels, host Rick Albert sits down with Seth Phillips—also known as “Mr. ADU”—to dive deep into the world of Accessory Dwelling Units (ADUs). From flipping houses to pioneering ADU development in Los Angeles, Seth shares how this strategy can create value, generate cash flow, and solve housing challenges. They also unpack the latest California housing laws, the realities of appraisals, and why smart design and community input matter more than ever.

🎧 Hosted by: Rick Albert

👤 Guest: 🏡 Seth Phillips – Real Estate Broker, Developer & ADU Specialist

Seth Phillips—widely known as “Mr. ADU”—is the Founder and Head of ADU Gold, a California-based consulting and development firm focused on accessory dwelling units (ADUs). Originally from Minnesota, Seth moved to California in 1982 and has built a distinguished real estate career spanning more than 30 years. He co-owned and managed one of the largest RE/MAX franchises in Los Angeles, launching multiple offices, overseeing hundreds of agents, and helping pioneer early internet-driven sales strategies. Since 2007, Seth has shifted into development, managing over 100 home renovations and multi-million-dollar estate projects.

💡 What You’ll Learn:

✔️ How Seth transitioned from spec building to ADU development

✔️ Why ADUs add more value than many traditional home upgrades

✔️ The appraisal and lending challenges around ADUs—and how they’re improving

✔️ Senate Bills 9, 684, and 1123: what they mean for single-family and multifamily owners

✔️ How ADUs empower house hacking and increase affordability

✔️ Why smart design, neighborhood character, and community matter in development

✔️ The future of ADUs in solving California’s housing shortage

🎵 Whether you’re a homeowner, investor, or curious about LA’s housing future, this episode reveals why ADUs are one of the most powerful tools in real estate today.

💼 Connect with Seth Phillips:

🌐 Website → https://adugold.com

Facebook → https://www.facebook.com/aducaliforniagold/

LinkedIn → https://www.linkedin.com/in/sethphillips3/

🎙 Follow Rick Albert – The Real Estate Mastery Podcast:

🌎 Website → https://rickalbertonline.com/

📘 Facebook → https://www.facebook.com/RickBAlbert/

📷 Instagram →https://www.instagram.com/rickbalbert/?hl=en

🔗 LinkedIn → https://www.linkedin.com/in/rickbalbert/

💎 Produced by Icons of Real Estate – https://iconsofrealestate.com/