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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)

Citation
Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)
Parent Document
Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)
Jurisdiction
California (state)
Effective Date
1991-04-03

Other Sections in This Document (31)

Full Text

377 chars
In December 1980, Monica Apartments Investment Company (Monica) purchased and took possession of the property. On July 20, 1981, Monica sought an individual rent increase by filing petition No. 1-0528 with Board. On October 1, 1981, Board approved the petition in part, and ordered that the maximum allowable rents on the property be increased to a yield of $519,954 per annum.