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Rent stabilization is secure in Los Angeles

On Behalf of | Jan 7, 2021 | Real Estate

California’s mobile home parks have rent stabilization ordinances that they need to abide by. The Mobile Home Park Home Owners Allegiance is one group that verifies all mobile home park rent stabilization ordinances in the state of California. These ordinances aren’t the same as rent control that you’d seen an apartment or rental home and aren’t interchangeable. 

Every mobile home park has different rent stabilization requirements and agreements based on where it’s located. For example, In Los Angeles, a mobile home rent stabilization ordinance was passed in 2019 that standardized how much rent could be increased annually. 

How much can rent be increased annually in an LA mobile home park?

According to the Los Angeles County Department of Consumer and Business Affairs, mobile home space rent can be increased by three percent between July 1, 2020, and June 30, 2021. 

If the rent at your park was raised prior to the ordinance but after Feb. 30, 2018, then rent has to be capped at that rate for a year. If it was raised below the allowed percentage, then you may increase the rent to meet the 3% restriction. 

What happens if a park charges more than the 3% increase?

If that happens, then the park owner can be reported to the Department of Consumer and Business Affairs. The county may choose to fine the park owner up to $1,000 per offense per day if it’s discovered that they did violate the ordinance. 

As a mobile home park owner, it’s in your best interests to know about local ordinances and to make sure you follow them. Failing to do so could be costly. It helps to have experienced representation on your side.