Q) I have a four unit building in the city of Los Angeles under rent control. It has four parking spaces. One tenant's rental agreement allowes him to use two spaces. This was negotiated before I became the owner. This really hampers me in leasing out one of the units. Is there anything that I can do?
A) You are allowed to change the terms of the tenancy by serving a 30-day notice. In this case you could take away this additional parking space, but you you have to give a corresponding reduction in rent.
Pursuant to the Los Angeles Housing Department guidelines, the reduction is $60-$200 per month depending on the availability of street parking and the local parking structures.
(Taken from AOA News; June 2009)
Tuesday, July 21, 2009
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