Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)

Citation: Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)
Parent Document: Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)
Jurisdiction: California (state)
Effective Date: 1993-10-21
Original Source: https://www.courtlistener.com/opinion/2270028/kavanau-v-santa-monica-rent-con... ↗

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In November 1989, Kavanau applied to the Board for permission to raise rents, seeking an average increase of about $474 per month for nine of the ten units. In April 1990, the Board’s hearing examiner determined that Kavanau was entitled, under the MNOI, to permanent increases of $183 per month per unit, plus an additional $140 per month per unit for the duration of the useful life of the capital improvements, a total of $323 per month per unit, starting immediately. (These figures are approximate, as they vary from unit to unit and, for the sake of simplicity, we use the rough figure of $35,000 to refer to the increased rent Kavanau would receive for the year in question if he had the benefit of the hearing examiner’s findings under the MNOI.) To state the obvious, the hearing examiner’s findings necessarily included the determination that, without the allowed increase, Kavanau was not making a fair return on his investment.

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