Housable provides a cloud‑based platform that guides California rental owners through the full ADU development lifecycle, from site assessment and financial scenario modeling to permitting, construction management, and lease‑up. The system automates code compliance, generates cash‑flow and equity uplift forecasts, and enables parallel execution of multiple ADU projects, reducing risk and accelerating portfolio density growth.
Funding
Funding not disclosed
Founders
Product
Problem
Rental owners in California often have unused or underutilized space—such as vacant leasing offices or garages—but face complex permitting, design, and construction processes that make adding Accessory Dwelling Units (ADUs) costly and time‑consuming. Without a streamlined approach, scaling ADU projects across a portfolio is risky and inefficient, limiting owners’ ability to increase unit density and capture higher asset value.
Solution
Housable offers a cloud‑based platform that guides rental owners through every stage of ADU development, from initial concept and financial scenario analysis to permitting, construction oversight, and lease‑up. The platform generates cash‑flow models based on rental rates, entry and exit cap rates, and construction costs, allowing owners to compare development options and quantify value‑add potential. Housable’s project team handles design, code compliance, and contractor coordination, enabling multiple ADU projects to run in parallel with consistent quality and timelines. By standardizing the workflow, the service reduces risk, accelerates approvals, and makes ADU expansion repeatable across an entire portfolio.
Target Audience
The primary customers are California‑based rental property owners and operators who manage single‑family homes, multifamily complexes, or mixed‑use assets and seek to increase unit density and portfolio value through ADU development.
Features
- Interactive scenario builder that calculates rental income, construction cost, entry/exit cap rates, and projected equity uplift for each ADU option
- End‑to‑end project management dashboard covering site assessment, architectural design, permit filing, and construction monitoring
- Parallel project execution engine that allows owners to launch and track multiple ADU builds simultaneously across different properties
- Integrated financial reporting that provides real‑time ROI metrics, cash‑flow forecasts, and asset‑valuation updates
- Built‑in compliance engine that automates code checks and streamlines communication with local permitting authorities
- Post‑construction lease‑up support, including tenant marketing tools and rent‑setting guidance aligned with market rates
- Secure data storage and role‑based access for owners, property managers, and Housable’s project team