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All Forum Posts by: Garrett Morgan

Garrett Morgan has started 1 posts and replied 2 times.

Post: Clarifying Legal Rent Increase Limits for My San Pedro Duplex

Garrett Morgan
Pro Member
Posted
  • Posts 2
  • Votes 0
Quote from @Clarence Johnson:

Here is the best guidance below.  LA city is currently 4% but that can vary based on several factors.  Please also pay attention to requirments for posting notices and registration because if you into a sticky scenario this can impact the outcome in court.  I love San Pedro, good strategic buy.



RSO Overview – LAHD (lacity.org)


 Thank you! This is exactly the answer I was looking for!

Post: Clarifying Legal Rent Increase Limits for My San Pedro Duplex

Garrett Morgan
Pro Member
Posted
  • Posts 2
  • Votes 0

Hey Everyone,

I own a duplex in San Pedro, California, and I’m trying to confirm how much I can legally raise the rent. I’ve found conflicting information on municipal websites. One source says 4%, while another states 5% plus the CPI, with a maximum cap of 10%. Currently, I have one unit rented for $2,800 and another for $2,200.  Any help or guidance is much appreciated.