As of October 8, 2019, Governor Gavin Newson has passed Assembly Bill 1482, establishing rent control in California. Effective January 1st, California Landlords will be able to raise the rent yearly by only 5% at most, plus the rate of inflation.
Besides the rent caps, the bill protects tenants from randomly being evicted, in an effort to prevent homelessness. Landlords now have to provide a legitimate reason towards evicting a tenant, and for those who’ve been tenants for longer than a year, landlords must give the opportunity to “cure” the violation. If a landlord wants to convert the rentals to condos, or needs to evict to remodel the property, they must pay relocation fees (one month’s rent) to their tenants.
Who Is Affected
- Apartments that are 16 years or older
- Condos and Single Family homes if owned by a corporation or a real estate investment trust
Who isn’t affected
- Apartments 15 years or younger. These apartments have a rolling date (If built on 2006, law would be applied in 2021.)
- Duplexes where the owner lives are exempt
- Condos and Single Family homes
Cities that have Local Rent Control Laws
- Santa Monica
- West Hollywood
- Beverly Hills
- Culver City
- City of Los Angeles