Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)

Citation: Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)
Parent Document: Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)
Jurisdiction: California (state)
Effective Date: 1994-05-19
Original Source: https://www.courtlistener.com/opinion/2263659/apartment-assn-of-greater-los-a... ↗

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permit base rent adjustments upon a showing that the owner’s situation led to the charging of rents that did not reflect market conditions. Those who purchased after 1979 were not involved in the decisions that led to the setting of rents in 1978. They bought properties that had a known schedule of regulated rents that could not be increased without permission. Moreover, debt service is not a factor in fair return calculations under Board Regulation No. 4101, subdivision (c)(2)(ii). 5

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