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Updated almost 8 years ago,

User Stats

318
Posts
154
Votes
Osazee Edebiri
Pro Member
  • Realtor
  • San Jose, CA
154
Votes |
318
Posts

Removing A Unit From Rent Control - Oakland, CA

Osazee Edebiri
Pro Member
  • Realtor
  • San Jose, CA
Posted

Hey BP,

I found out that is possible to remove a unit from Rent Control if you do "Substantial Rehabilitation"

  • Substantial Rehabilitation:This applies only to entire buildings. An owner must have spent a minimum of fifty (50) percent of the average basic cost for new construction for a rehabilitation project. The average basic cost for new construction is determined using tables issued by the Chief Building Inspector. These tables are unique to the period when the rehabilitation was completed.

http://rapwp.oaklandnet.com/issues/exemptions/

Does anyone have experience doing this? If so, is it something you would recommend, and can I get a description of what the process was like?

  • Osazee Edebiri
  • Loading replies...