LA Rent Control Checker

In the City of Los Angeles, the Rent Stabilization Ordinance (RSO) covers rental buildings with two or more units that received a certificate of occupancy on or before October 1, 1978. Newer buildings that are at least 15 years old fall under statewide AB 1482 instead, which caps increases at 5% plus CPI with a 10% maximum. Separate cities like Santa Monica, West Hollywood, Beverly Hills, Culver City, Inglewood, and Pasadena run their own ordinances with different cutoff dates.

Yes. Lenders underwrite regulated buildings to in-place regulated rents rather than market comps, which changes proceeds. Vacancy decontrol under Costa-Hawkins lets rents reset to market at turnover, so value-add lenders size to a credible turnover schedule rather than a blanket market-rent assumption. Matching the business plan to a lender who understands regulated rolls is the difference between full proceeds and a retrade.

AB 1482 is California's statewide rent cap, in effect since 2020. It covers most rental buildings that are 15 or more years old on a rolling basis and not already under stricter local rent control, capping annual increases at 5% plus local CPI with an absolute maximum of 10%, and adding just-cause eviction requirements. New construction is exempt for its first 15 years.