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Updated over 5 years ago,
Rent Stabilization Ordinance - Los Angeles County
Hello, everyone.
I wanted clarification on rent control in L.A. from someone who has experience with the ordinance. I currently rent out a condo. The building is built 1970 and the complex has about 200 units. I know there was a revision to the rent control ordinance in 1995 (or 1996) regarding the actual rent increase portion.
My question is, does my property fall under rent control? or can I increase to current market value?