In San Jose, the first ADU in California was officially converted into a standalone condominium.
We are thrilled to share that AlphaX RE Capital, in partnership with the City of San Jose and Mayor Matt Mahan, has achieved California’s first-ever ADU condominium conversion, a historic milestone made possible by AB 1033. For the first time in state history, an ADU can now be sold separately from its main home, creating a new pathway to more affordable homeownership.What this means for Apex Homes: AlphaX’s Pioneering work paves the way for us to build and develop more ADUs, offering families expanded opportunities to build equity and stability while addressing California’s housing needs. With plans to complete 86 condominiums over the next year, we’re excited to continue expanding affordable homeownership across the state.
Being at the forefront of these innovative housing solutions allows Apex Homes to deliver more attainable properties, create flexible living options, and lead the way in shaping the future of California housing.
What AB 1033 Means for Homeowners, Buyers, and Communities?
California’s housing landscape just changed in a big way. With the passage of AB 1033, homeowners and communities now have access to an innovative housing solution: ADU condominium conversions. For the first time in state history, an Accessory Dwelling Unit (ADU) can be sold separately from its main residence, unlocking new opportunities for ownership, investment, and affordability.
For Homeowners:
AB 1033 empowers homeowners to maximize their property’s potential. By building an ADU and converting it into its own condominium unit, owners can create a new asset that can be sold, rented, or passed down. This means homeowners can unlock equity, generate revenue, and increase the overall value of their property, without having to sell their primary home. For families, it’s a chance to pass wealth on to the next generation. For investors, it’s a way to diversify their portfolio with an entirely new class of housing.
For Buyers:
The law opens the door for buyers who have been priced out of California’s competitive housing market. Instead of purchasing an entire home, buyers can now purchase a more affordable ADU condominium. This creates a new pathway to entry-level homeownership, allowing families and individuals to build equity and stability at a more attainable price point. In cities like San Jose, where single-family homes can exceed $1M, ADU condos may be priced hundreds of thousands lower, putting ownership back within reach.
For Communities:
AB 1033 has the potential to reshape neighborhoods across California. By enabling ADUs to be sold separately, cities can increase housing supply, diversify housing options, and create stronger, more inclusive communities. This approach helps address the state’s housing shortage while keeping homeownership within reach for more families. It’s not just about numbers; it’s about giving people the chance to stay rooted in their communities while welcoming new homeowners at attainable price points.
The Future of AB 1033
San Jose was the first city in California to adopt AB 1033, setting a bold precedent for other municipalities to follow. In August 2025, AlphaX RE Capital completed the state’s first-ever ADU condominium conversion, paving the way for others. Over the next year, AlphaX plans to deliver 86 more ADU condominiums, expanding affordable homeownership opportunities across the state.
As more cities adopt AB 1033, the impact will grow—helping homeowners unlock equity, giving buyers new paths to ownership, and helping communities meet housing needs in sustainable, innovative ways. With pioneers leading the charge, the future of housing in California is becoming more flexible, attainable, and community-focused. One backyard at a time.
The Apex Difference: Building the Future of Housing
At Apex Homes, we are committed to setting a new standard for housing in California. With new policies like AB 1033 creating opportunities for ADU condominium conversions, Apex is positioned to guide homeowners, buyers and communities through this next chapter of housing innovation.
What Sets Apex Apart:
Pre-Approved Plans – Our designs are officially recognized in 10 California cities, including San Jose, Cupertino, Campbell, Chino, Antioch, Gilroy, Mountain View, Rancho Cucamonga, Saratoga, and Pomona. This reduces paperwork, shortens wait time, and minimizes costly delays in the permitting process.
Fast & Affordable Builds – Apex ADUs are completed in as little as three months, using efficient construction methods that keep costs low while maintaining quality. Our pricing is among the most competitive in the state, making ADU development more attainable for families and investors.
State Certified – Every Apex plan meets California’s rigorous state certification standards, providing peace of mind that your unit is fully compliant with building codes and regulations.
Beyond ADUs – We are not limited to accessory dwelling units. Apex is focused on standardized housing solutions, offering scalable models that can address both individual homeowner needs and broader community housing shortages.
Technology-Driven – Our digital platform allows homeowners to track progress in real time, manage upgrades, and stay fully informed throughout the process. This ensures transparency, efficiency, and confidence from start to finish.
At Apex Homes, our mission is clear: to make housing accessible, efficient and future-ready because every home matters.
