Rent Control and Raising Rents from Rehab (Question)

[Mike Dusenka]

How do you raise the rent up to market rents of an area while under rent control in Los Angeles, after doing a renovation? 

The closest I got to was a submitting a Capital Improvement application with HCIDLA. 

 They also included on their site a calculation on HCIDLA :

     Total cost for exterior painting of a 24 unit building = $25,000.

     To calculate the rent increase:

     $25,000 x 50% = $12,500

     $12,500 ÷ 60 months = $208.33

     $208.33 ÷ 24 units = $8.68 per month for each unit.

Is this the only way to increase rents after renovation?