United Dwelling was founded in 2018 in Los Angeles, California. The company allows homeowners to build a second home on their residential zoned property and/or converts the garage into a small home, finds a tenant the homeowner approves, manages it, and shares the rental income with the homeowner.
These rental homes, known as Accessory Dwelling Units (ADUs), come at absolutely no cost to the homeowner.
United Dwelling handles every aspect of the process including permits, partnering with a contractor for construction, finding qualified tenants that the homeowner will approve, managing, and maintaining the property.
It targets mostly low income and middle-income neighborhoods, with some exceptions for workforce housing.
With a vast housing shortage causing rising prices, United Dwelling has found a very positive reception.
In May 2020, the company raised $10 million in funding.
The company maintains a corporate office in Los Angeles, California.
United Dwelling was founded in 2018 in Los Angeles, California. The company allows homeowners to build a second home on their residential zoned property and/or converts the garage into a small home, finds a tenant the homeowner approves, manages it, and shares the rental income with the homeowner.
These rental homes, known as Accessory Dwelling Units (ADUs), come at absolutely no cost to the homeowner.
History
United Dwelling handles every aspect of the process including permits, partnering with a contractor for construction, finding qualified tenants that the homeowner will approve, managing, and maintaining the property.
It targets mostly low income and middle-income neighborhoods, with some exceptions for workforce housing.
With a vast housing shortage causing rising prices, United Dwelling has found a very positive reception.
In May 2020, the company raised $10 million in funding.
The company maintains a corporate office in Los Angeles, California.
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