How much can we increase rent in 2023 in Los Angeles and when?

[David G.]

Hi all,

Thanks for all your continued help. I manage a 10 unit apartment complex in Los Angeles, CA. I am trying to research if and when we can raise rents.  It's difficult for me to find out through my internet searches if there is still a moratorium on rent increases. The lahd website says this... "Annual rent increases for rental units subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) are prohibited through January 31, 2024." But other sources seem to say you can and I know others that have raised rent.  Just want to do the legal thing but also we have been struggling and really need to raise the rents to combat inflation and not being able to raise rent for the last three years. Is that what I should go by? Also what units, and what type of rentals are subject to the RSO?

It looks like the eviction moratorium is over come tomorrow, so I figure maybe rent can increase too? Also I maybe wrong about that too, but is that correct that the eviction moratorium is ending today, March 31st?

Finally, if and when we are allowed to raise rent is it still 4% a year? I heard somewhere that it could be 5%

Thanks for all your help in me trying to decode this all.