Does a basement apartment count as legal income in Hollywood?

A basement apartment counts as legal rental income in Hollywood only if it's properly permitted as a habitable or accessory unit, meeting egress, ceiling height, and utility requirements rather than just being finished and rented informally. Lenders and appraisers generally won't count unpermitted rental income when qualifying a buyer for a new loan. Brian Beatty can point a Hollywood owner toward the local office that confirms whether a specific basement unit is properly permitted.