LA to consider prohibiting landlords from asking about criminal history
LOS ANGELES, Calif. — The Los Angeles City Council voted Tuesday to consider prohibiting landlords from inquiring about prospective tenants' criminal history.
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Housing Inspections
What’s new: The proposed changes address tenant complaints about landlords failing to address long-standing problems. County leaders are now considering a plan that would require inspectors to visit every apartment in unincorporated L.A. County at least once every four years. Under the proposal, landlords who persistently fail to fix code violations discovered by inspectors could have their properties put into a county-run program that would withhold rent payments until repairs are made.
It’s Not Just Homeowners: Multifamily Owners Are Building ADUs Too
Accessory Dwelling Units (ADUs) are a big topic in housing circles right now, and for good reason. Amid an ongoing housing crisis that is demanding solutions, ADUs are seen as one of the tools in which to tackle it. Accessory Dwelling Units (ADUs) are a big topic in housing circles right now, and for good reason. Amid an ongoing housing crisis that is demanding solutions, ADUs are seen as one of the tools in which to tackle it.
Los Angeles Mandate on Air Conditioning Multifamily Units Could Come at Cost To Owners
A potential new rule mandating Los Angeles multifamily owners install air conditioning is expected to cost tens of thousands of dollars for apartment owners, according to the city's multifamily association.
How Much Can My Rent Go Up Right Now? Here’s Your LA Rent Hike Cheat Sheet
Trying to understand how much your rent can go up? For tenants in Southern California, it’s confusing. State law in California currently allows annual rent hikes of up to 8.8% for many apartments in L.A. and Orange counties. However, different parts of SoCal — and other parts of the state — have very different rules on rent increases. Some cities have local forms of rent control. Others don’t.
New California laws taking effect in 2024 impact speed cameras, hotel reservations and more
SAN FRANCISCO -- The new year is bringing a host of new rights and privileges to California residents that impact how they live, work and entertain themselves. Here's a list of new laws taking effect on Jan. 1, 2024 and beyond.
As Demand Softens, LA Apartment Owners Offer More Concessions
The percentage of Los Angeles multifamily properties offering concessions rose in November, with 27% of properties with 25 or more units providing some level of incentives during the month — the highest level since June 2021.
Consistency Is Key: 5 Ways to Help Property Management Teams Work More Effectively and Efficiently
Between showings, lease signings, maintenance, and renewals, there are myriad carefully coordinated tasks that must be completed on-site every day. To be as successful and efficient as possible, property management teams need to operate like well-oiled machines. Unfortunately, most property management teams aren’t working that way today.
Apartment Concessions Undercutting Rising Rents
Residential rental concessions are hitting a two-year high with 30% of listing offering at least one concessions, according to Zillow based on its own rental listings. The previous recent high was in February 2021, where 37% of listings offered concessions. Because the data set is all through Zillow, it would be considered self-selected and so unlikely to be statistically representative of the entire country. However, it also is a large number of rental listings and not something to be ignored offhand.
USC: SoCal Apartment Rents Will Rise 2% to 4% In Coming Years
Apartment rents are expected to grow between 2% and 4% in the next two years in all five Southern California housing markets, according to the new University of Southern California Casden Real Estate Economic Forecast. In Los Angeles County alone, rents are projected to grow 2% over the next two years.