On Tuesday, June 4th, the LA County Board of Supervisors made a close decision (3-2) to lower how much landlords can raise rent in the unincorporated parts of the county. Supervisors Barger and Hahn voted against it.
Here's what the new rules mean for landlords:
Special rules apply to different types of landlords:
Who are luxury landlords? These are owners of high-end rental properties, typically offering premium amenities and services. Their units are often in desirable locations and priced significantly above the average market rent. Examples include high-rise apartments with concierge services or upscale townhouses with extensive facilities.
Until the end of 2024, the current max rent increase of 4% still applies.
If you're a small landlord, this new motion could have serious impacts on your ability to cover rising costs like maintenance, taxes, and the new Rental Housing Habitability Program.
Here’s how you can act:
This motion isn’t finalized yet. It requires another vote when the amendment draft is ready, so there’s still a chance to influence the outcome.
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