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Updated almost 7 years ago,
Renter Questions for Alameda (CA) Landlords and Locals
Hey Alameda BPers,
I'm looking to get more knowledge of rental rates and rules in Alameda. I was wondering if anyone could point me in the right direction to learn the following:
1. Rental Market Competitiveness
- How do you determine how much excess demand, aka renter competition, there may be in a given location? Is this something I need to call around with property managers and listing owners to get a sense of?
- I know market comps and historical trends based on online information (Zillow, Craigslist, Rentometer, Rentjungle), but unsure if properties would be filled quickly at the listed market rates
- How to measure demand for single family house leases vs apartment unit leases? Is this something I need to talk to local owners and property managers about?
2. Rent Control Rules
- Does Costa-Hawkins apply in Alameda city? If I'm an owner occupant of a SFR or a residential MF, would that allow me to circumvent rent control regulations and forego the need to get city approval for any rent increases >5%?
- Reference link: http://www.alamedarentprogram.org/rent-increases-a...
Furthermore, if there are any other Alameda natives and/or owners, I'd love to get in touch and talk about our market. Many thanks in advance!