Los Angeles STOPS evictions for remodel, but is it the REAL problem?

In 2023, LA City gave landlords the opportunity to terminate a tenancy for substantial remodel under the Just Cause Ordinance, but now they are taking this right away. Go beyond the politicians’ soundbites and news headlines to TRULY understand the issue. What is the renoviction, aka substantial remodel “loophole?” And how many renovictions are there in LA City? Why does it matter if the right to renovictions is removed? We are going to dive into the real numbers for substantial remodel evictions, plus compare it to the biggest reason for evictions in LA City: nonpayment of rent. Every six minutes, this happens in LA City…

📌 Dive into the eviction notice data for LA City 👉 https://housing2.lacity.org/residents...

📌 One article on renovictions in LA City 👉 https://www.latimes.com/california/st...

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Sections
00:00 WIRE Associates intro from Christian Walsh
00:41 What is a renoviction?
01:03 LA City removes substantial remodel termination of tenancy
02:23 LA City rentals that this will apply to
04:17 Withdrawal from the market LAHD application
05:36 How many evictions in LA City?
13:10 Why does removing the right to renovictions matter?


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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)

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