Asked by Manuel, Los Angeles, CA • Tue Jul 22, 2008
I am looking to buy a multifamily residential income property in the Mid-Wilshire/Westside area in Los Angeles, but i am put off by the rent control for buildings built before 1978 in these areas. My question is: If i purchase a complex and improve the property would i be able to get around the Rent Control? In other words, do i have to go through the condo conversion process to avoid rent control or is there another way? Thanks
Real Estate in Los Angeles
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