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Updated over 8 years ago on . Most recent reply

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102
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Miho Y.
  • Investor
  • Huntington Beach, CA
25
Votes |
102
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Los Angeles rent controlled multifamily units housing inspection

Miho Y.
  • Investor
  • Huntington Beach, CA
Posted

Hello. I'm thinking about purchasing a multi unit building under rent control in Los Angeles. My concern is that these units are legally 1 bed 1 bath, but the seller claims that the previous owner converted them into 2 bed 1 bath. I heard they come to do the inspection at least once in 3 years. Does anyone here has heard of a story where the housing inspector from the city orders to convert back into 1 bed 1 bath? In such a case, will they require the landlord to reduce the rents when the rents are already below market? Thank you.

Most Popular Reply

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4,365
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
1,248
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
Replied

I have heard yes to all questions. Proceed assuming your worst case scenario, convert then rent as 1/1.

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