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Updated over 5 years ago on .

Rent Control and Raising Rents from Rehab (Question)
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?