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Updated over 10 years ago,

User Stats

139
Posts
72
Votes
Ewa Reza
Pro Member
  • Real Estate Agent
  • Los Angeles, CA
72
Votes |
139
Posts

Evicting from multi-unit rent controled propety to do rehab

Ewa Reza
Pro Member
  • Real Estate Agent
  • Los Angeles, CA
Posted

I'm looking to purchase a 4 unit property in Los Angeles (rent control). Tenants are paying $300-$400 for 2-3 bedroom apartments. Crazy. I would obviously start with cash for keys strategy first but in the worse case scenario can I evict them based on Ord. No. 177,901 Eff. 9/29/06. where the landlord seeks to recover possession in order to remove the rental unit permanently from rental housing use? 

What happens when I sell the property? Can new owner bring these units back on rental market?

  • Ewa Reza
  • Loading replies...