Rent Controlled Neighborhoods in Los Angeles

The majority of the neighborhoods in Los Angeles County are under strict rent control, with up to 3% increase per year. In fact, there are around 118,000 rent controlled units available right now. With the Rent Stabilization Ordinance in place, there are rules on the city website, outlining different restrictions such as rules of eviction, security deposit payments, occupancy rules, etc. Before investing in multifamily real estate, it is best for a buyer to fully understand the rules and regulations pertaining to a rent controlled property. In general, rent control is one of the major reasons why certain properties are more appealing to investors than others. If you’re looking for the ren

AirBnb – A Better Way to Deal with Rent Control

Airbnb is changing the face of the hotel and rental industry. In fact, many people are opting to rent their units through Airbnb, straying away from the traditional tenant and landlord relationship. In cities such as Los Angeles and San Francisco, where rent control is strict, Airbnb has been used as an effective way to deal with rent control regulations. WHAT IS AIRBNB? Founded in 2008, Airbnb (aka Air Bed & Breakfast) is an online marketplace for people to list their property for short term rental. It offers travelers the comfort of staying in a home like environment rather than a hotel at an, oftentimes, more affordable price. In addition, it gives property owners a way to make extra mo

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Anie Mayelian  (818) 915-9118 
DRE #0077825

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