Rent Control Formula:
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This calculator determines the maximum allowable rent increase for rent-controlled properties in Los Angeles under local ordinances. It follows the formula that limits increases to the lesser of CPI + 3% or 8%.
The calculator uses the Los Angeles rent control formula:
Where:
Explanation: The formula ensures rent increases don't exceed either CPI + 3% or 8%, whichever is lower, protecting tenants from excessive hikes while allowing landlords reasonable adjustments.
Details: Los Angeles' Rent Stabilization Ordinance (RSO) applies to buildings built before October 1978. The calculator helps determine compliant increases for these properties.
Tips: Enter the current CPI percentage (available from government sources) and the tenant's current rent amount. The calculator will show the maximum allowable increase and new rent amount.
Q1: What properties are covered by LA rent control?
A: Generally, multifamily buildings built before October 1978. Single-family homes and condos are typically exempt.
Q2: How often can rent be increased?
A: For RSO properties, landlords may increase rent once every 12 months.
Q3: Where can I find the current CPI for LA?
A: The U.S. Bureau of Labor Statistics publishes regional CPI data. The LA Housing Department also provides this information.
Q4: Are there exceptions to these rules?
A: Some exceptions exist for substantial rehabilitation, capital improvements, or if the property qualifies for vacancy decontrol.
Q5: What if my building isn't covered by RSO?
A: For non-RSO properties, California state law (AB 1482) may apply, which has different calculation rules.