Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Reid Isaki
  • Culver City, CA
3
Votes |
28
Posts

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

User Stats

30
Posts
17
Votes
Marc Sinnott
  • Real Estate Broker
  • Los Angeles, CA
17
Votes |
30
Posts
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!

Loading replies...