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New Laws Coming To California in 2024

Governor Newsom signed several new bills affecting multifamily housing into law, many of which will go into effect in 2024. See below for a summary of new laws taking effect. AB-1418: Effective January 1st, 2024, tenants will no longer be able to be evicted based on calls to law enforcement, suspected criminal activity or other alleged nuisance activity. SB-712: Effective January 1st, 2024, Tenants will be allowed to charge electric scooters and electric bikes in their apartments as long as the battery meets certain safety standards. SB-4: Effective January 1st, 2024, restrictions on churches, religious organizations and, non-profit colleges will be removed allowing them to build affordable housing on their land. AB-12: Effective July 1st, 2024, tenants will no longer have to pay several month’s rent as a security deposit. This bill caps the amount a landlord can charge to one month’s rent.

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02
Legendary Television City may be sold in further blow to Hollywood

Legendary Television City may be be sold in further blow to Hollywood...

Legendary Television City may be sold in further blow to Hollywood
Fire-damaged Pacific Palisades shopping center sets reopening date

Rick Caruso's Palisades Village will reopen Aug. 15. About one-third of the businesses are new, and many tenants are returning to their shops....

Fire-damaged Pacific Palisades shopping center sets reopening date
Downtown L.A. fixture PwC will move to Century City

In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City....

Downtown L.A. fixture PwC will move to Century City
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