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Updated almost 5 years ago on . Most recent reply

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28
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3
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Reid Isaki
  • Culver City, CA
3
Votes |
28
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Rancho Palos Verdes rental question

Reid Isaki
  • Culver City, CA
Posted

Having a hard time to find this answer but I know that LA city has RSO but for rancho palos verdes, what are the laws surrounding single family home rentals? ie: in la city proper (Rent Stabilization Ordinances) state that you can only  do no fault evictions, if you are moving in, or a relative is moving in and you must pay relocation.  

For Rancho Palos Verdes, CA is there such a thing? Or if when the lease is up on a tenant they must move out or sign a new lease, or go month to month at the owner's discretion.    Trying to make sure I understand the rental laws of this city well, but it's so undocumented and wondering if anyone here has experience with this.   Thanks everyone!

Most Popular Reply

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30
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Marc Sinnott
  • Real Estate Broker
  • Los Angeles, CA
17
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30
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Marc Sinnott
  • Real Estate Broker
  • Los Angeles, CA
Replied

The City of Los Angeles Rent Stabilization Ordinance (RSO) applies to multifamily (2 or more dwelling units) properties that were built before 1978. In the city of LA a single family home would be exempt. Rancho Palos Verdes is an independent city, and it does not appear that it has its own rent control. However, I would recommend reading up on the new California statewide rent control that was recently passed. I believe this went into effect at the start of this year, and it imposes rent stabilization on any municipalities that did not already have their own rent control in place. My understanding is that the statewide rent control law does not include single family dwellings, unless they are owned by a corporation or a REIT. However, the CA statewide rent control is also significantly more lenient than LA in terms of rental increases - it allows for annual rental increases of 5% plus the CPI, up to a maximum of 10%.

A little light reading:

https://hcidla.lacity.org/RSO-Overview

https://la.curbed.com/2019/9/24/20868937/california-rent-control-law-bill-governor

Good luck!

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