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All Forum Posts by: Andrew Aladjadjian

Andrew Aladjadjian has started 2 posts and replied 2 times.

General Landlording & Rental Properties

Post: Rent Stabilization Ordinance - Los Angeles County

Andrew AladjadjianPosted
  • Granada Hills, CA
  • Posts 2
  • Votes 1

Hello, everyone.

I wanted clarification on rent control in L.A. from someone who has experience with the ordinance. I currently rent out a condo. The building is built 1970 and the complex has about 200 units. I know there was a revision to the rent control ordinance in 1995 (or 1996) regarding the actual rent increase portion.

My question is, does my property fall under rent control? or can I increase to current market value?

0 Votes
New Member Introductions

Post: New member from SoCal

Andrew AladjadjianPosted
  • Granada Hills, CA
  • Posts 2
  • Votes 1

Hi everyone!

I was doing some research online when I noticed, on many occasion, that Biggerpockets.com would be the link I would use, and with the best information. I realized that this was because of the user interactions. This site really has plenty to offer for anyone with questions about real estate investing, so I decided to sign up! Looking forward to learning more about the industry to help myself grow in investing.

A little about myself:

Age 26, married just over a year, live in the SFV of Los Angeles and currently own one rental property; a condo in Tarzana. I am looking to make my next move and really want to learn about markets outside of LA.

1 Vote