Culver City approves rent control with some concessions made to landlords
With 482 cities in California, Culver City now joins a club of roughly 20 jurisdictions with long-term rent control rules on their books. On Monday, September 21, the City Council approved its iteration of rent control this with a lone dissent.
In the 11th hour, however, the City Council made concessions to landlord groups. On September 28, lawmakers are expected to give final approval. One of the things that jump off the page is that allowable increases will be pegged to the consumer price index, but council members agreed to a 2% floor on the annual rent cap, irrespective of CPI.
The council also limited the “just cause” eviction protections to tenants who have been in place for over a year, similar to the provisions of the state law, Assembly Bill 1482. Other tweaks were made to the originally drafted ordinance.
In bulleted fashion, we've put together a handy PDF with a summary of changes in store for Culver City landlords and property managers.