Monday, November 17, 2014
Go Ahead, Raise the Rent
Landlords out there, you know that many of the buildings in DTLA are free of rent control, right? Just wanted to make sure. Buildings that were converted into condominiums are not subject to rent control laws. This is one of the reasons why those who are looking to buy an investment property love downtown. For in-depth information on rent control: http://lahd.lacity.org/lahdinternet/rentstabilization/tabid/247/default.aspx
Labels:
adaptive reuse,
aro,
condos,
conversion,
development,
downtown,
dtla,
landlords,
los angeles,
real estate,
rent,
rent control