The Los Angeles Housing Department Announced That Landlords Will Be Able To Make Rent Increases Effective February 1, 2024. Landlords of RSO properties can resume allowable rent increases effective February 1, 2024. No banking or retroactive rent increases are allowed. The annual allowable rent increase under the RSO from February 1, 2024, through June 30, 2024, will be 7% unless amended by City Council. An additional 1% for gas and 1% for electric service can be added if the landlord provides the service to the tenant. Landlords must provide an advance 30-day written notice for all rent increases of less than 10%. Click The Link In The Bio For The Full Article Please remember; this information is subject to change. Stay tuned for future updates from LAHD!
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