Advertisement
YOU ARE HERE: LAT HomeCollectionsRental Housing
IN THE NEWS

Rental Housing

FEATURED ARTICLES
BUSINESS
March 3, 1993 | JOHN O'DELL, TIMES STAFF WRITER
In an effort to speed sales of its already fast-moving condominiums and increase demand for its rental units, Irvine Co. is offering residents of its apartments as much as $3,000 credit if they purchase one of the company's condos. Details of the plan were mailed late last month to residents of the giant land developer's 11,000 apartments in Irvine, Newport Beach and Tustin. Though this is the first time that the Irvine Co.
ARTICLES BY DATE
BUSINESS
February 25, 2014 | By Lauren Beale
Christian Audigier has listed a house in the Windsor Square area for sale at $3.199 million or for lease at $25,000 a month. The English Tudor, built in 1925, blends old world character outside with chic modern interiors. The 5,330 square feet of living space features countless chandeliers, formal living and dining rooms, a gym, five bedrooms and four bathrooms. A two-story house at the rear has its own kitchen. The grounds are surrounded by hedges and include a swimming pool with a spa, lawn, decks and patios.
Advertisement
OPINION
October 28, 2006
Re "Low pay, high rent, wit's end," Column One, Oct. 24 Although I am sympathetic to the plight of large families that find it difficult to find reasonably priced, spacious apartments, I am not sympathetic to the problems faced by illegal immigrants who face the same problem. If, in fact, L.A. has millions of illegal immigrants, that number is probably the paramount reason that rental rates are skyrocketing. They crowd out the legal residents, whose concerns should be your focus, and our city's.
BUSINESS
January 26, 2014 | By Lew Sichelman
It's one thing to manage a rental house when it's nearby. But it's another process entirely when the rental is in a distant vacation retreat. Unfortunately, many second-home buyers find that out the hard way. According to a survey by HomeAway, an online marketplace for vacation rentals, owners spend an average of 8.6 hours a week managing their properties. That's one full workday a week. And even then, it's doubtful that the typical owner can market his vacation pad, maintain it and do all the other things necessary to have a successful rental regime.
BUSINESS
May 18, 1999 | DARYL STRICKLAND, Daryl Strickland covers real estate for The Times. He can be reached at (714) 966-5670, and at daryl.strickland@latimes.com
As the federal government cracks down on housing discrimination, an Orange County executive has produced a video that teaches those in the rental housing business how to comply with current laws. "No one will be immune, and the penalties for offenders are increasingly severe," said Stacy Waddell, a training director at the Sares-Regis Group, a housing development company in Irvine.
REAL ESTATE
July 8, 2001 | CLARA YOUNG
Here are some suggestions from the Humane Society of the United States for renters with pets: * Give yourself enough time to find housing. * Make use of available resources. Contact the local humane society, SPCA or the animal control agencies. Also check the online list of links to sites that list pet-friendly apartments.
CALIFORNIA | LOCAL
June 6, 2000 | BARBARA MURPHY
Cabrillo Economic Development Corp. has purchased 5.23 acres of vacant land on the northeast corner of Alamo Street and Fairbanks Avenue in Simi Valley, with plans to build rental units. Private investors David Ellis and Saul Nehoryan sold the property for $1.5 million. Cabrillo plans to build a multifamily residential housing project on the site and manage it as rental property. Cabrillo has built several multifamily housing projects in Ventura County.
CALIFORNIA | LOCAL
April 25, 1995 | MIMI KO
After hearing emotional testimony from a 12-year-old girl and other residents, the City Council has agreed to negotiate a loan of as much as $565,000 to help the La Habra Neighborhood Housing Service buy and rehabilitate more than a dozen rental apartments on Garnet Lane. The group's executive director, Glenn Hayes, said the issue will be back before the council for final approval within weeks.
NEWS
August 19, 1997 | LEE ROMNEY, TIMES STAFF WRITER
After investigations in six Southern California counties, the Orange County district attorney's office has filed criminal charges against operators of a property management firm that moves in on houses in foreclosure, changes the locks, rents the properties and pockets the cash.
CALIFORNIA | LOCAL
March 10, 1993 | JOHN CHANDLER, TIMES STAFF WRITER
The Los Angeles County Board of Supervisors on Tuesday ordered convicted slumlord Dr. Milton Avol to repair 10 of 72 decrepit rental houses he owns in the Palmdale area by April 8, threatening to demolish them if he doesn't comply. The county action was the latest in a series of moves aimed at pressuring Avol to clean up the houses he owns in an unincorporated county area surrounded by Palmdale. County officials have cited at least 36 of his 72 houses for violating building codes.
SPORTS
December 23, 2013 | By Dylan Hernandez
The Dodgers are closing in on a one-year contract with former All-Star closer Chris Perez, according to people familiar with the situation who spoke under the condition of anonymity because the deal hasn't been finalized. Financial terms of the prospective deal aren't known. Perez, 28, was an All-Star with the Cleveland Indians in 2011 and 2012 but was released Oct. 31. Perez was arrested on marijuana charges this year and lost his job as the Indians' closer. Armed with a fastball routinely clocked in the mid- to high 90s, Perez figures to be a late-inning reinforcement in a bullpen that includes closer Kenley Jansen and setup man Brian Wilson.
BUSINESS
March 8, 2013 | By Kenneth R. Harney
WASHINGTON - Could rental houses owned and managed by deep-pocketed hedge funds and big investors be the post-bust steppingstones to homeownership for huge numbers of renters? Could they also provide a form of safe harbor or sanctuary for thousands of families who were displaced by financial difficulties from their previous homes through foreclosures or short sales? A new national study suggests that the answer to both questions is yes. Over the last five years, according to Wall Street analysts' estimates, between $7 billion and $9 billion worth of distressed single-family homes have been purchased and converted to rentals by institutional investors such as hedge funds, private partnerships of high-net-worth individuals and even pools of capital raised among investors in foreign countries.
CALIFORNIA | LOCAL
October 21, 2012 | By Louis Sahagun and Bettina Boxall, Los Angeles Times
Awakened by the sound of gunshots, Fanny Paiz opened her window and looked across the dark Inglewood street to a nightmare scene of bloodied neighbors and a house in flames. "I heard a man yelling," Paiz said. "Then I saw a lady run out into the street with a child in her arms. She was bleeding. She was standing in the middle of the street with the child, whose face was covered in blood. She fell down, screaming, 'He's shooting me. He's shooting me.' " Three other shooting victims were in the house, all members of the same family who police say were attacked before dawn Saturday by a rampaging neighbor who was being evicted.
BUSINESS
September 8, 2012 | By Lauren Beale, Los Angeles Times
Being super-rich just isn't what it used to be. As the summer leasing scene in Malibu wraps up, real estate experts report that for homeowners the rental season smelled worse than a red tide at morning. "It was a disastrous leasing season," said Michael Gardner, an agent with Prudential Malibu Realty. "The renters needed to save money, and the lessors needed to make money. " Of course, a bad deal for a homeowner means a good deal for someone looking for temporary refuge by the beach.
BUSINESS
March 4, 2012 | By Martin Eichner
Question: For more than five years, I have lived in a rental house. Throughout this time, I have been forced to go into my own pocket to pay for the most basic repairs, such as emergency plumber calls. I have paid for repairs myself because my landlord always takes too long to respond. I have been very careful to keep copies of all the repair bills I paid, and they total more than a month's rent. I have found a new place to live that is newer and in better condition. I would like to skip payment of the last month's rent on my current home as a way to make sure I am compensated for at least some of the bills I had to pay. Will I be able to do that?
NATIONAL
May 30, 2011
— The number of people unaccounted for after the Joplin tornado is down to 29. Missouri Department of Public Safety Deputy Director Andrea Spillars also said Monday that the remains of 146 people had been found, but that some could be duplicates. As a result, Spillars said, she cannot confirm exactly how many people died in the May 22 twister. The number of people unaccounted for stood at 43 on Sunday. One person has since been found alive, one had been listed twice and the number of confirmed dead has risen to 14. Offsetting that, four more people have been listed as missing.
CALIFORNIA | LOCAL
January 16, 1988
In its editorial "The Long Arm of Washington" (Jan. 11), The Times is in agreement with the Reagan Administration's thinking that rent control is counterproductive, it tends to discourage new investment in rental housing and tends to lead to deterioration in the quality of rental housing. For The Times information, new construction has been exempt from rent control since October, 1978. As to the deterioration of the quality of rental housing that is due to the piggish landlords who cannot get enough.
OPINION
April 30, 2007
Re "Disney rift with its city could endure," April 26 The Walt Disney Co.'s view is that rental housing near Disneyland would jeopardize its vision for the area. According to its website, Disney offers "unparalleled entertainment experiences" through "integrated, well-connected businesses that operate in concert to maximize exposure and growth worldwide." The irony is that just as Walt Disney's art and vision have been corporatized, so has the rental housing industry. Today, rental housing is an investment vehicle that provides high-quality units through tax credits to corporations.
CALIFORNIA | LOCAL
February 1, 2011 | By David Zahniser, Los Angeles Times
The acrimonious race between Los Angeles City Councilman Jose Huizar and onetime friend Rudy Martinez took an unusual turn Monday when the challenger said federal agents had questioned him about some of Huizar's private business dealings. Martinez said FBI agents interviewed him roughly six months ago about various issues, including repairs that he arranged for Huizar in 2006 and 2007 at a rental house owned by the councilman and his wife. FOR THE RECORD: An earlier version of this article incorrectly said former Los Angeles City Councilman Richard Alatorre resigned in 1999 after prosecutors conducted an investigation into roof repairs at his home.
REAL ESTATE
December 16, 2007 | Dinah Eng, Special to The Times
For Southern Californians losing their homes to foreclosure, there's both good news and bad as they enter the rental market. The good news is that there are plenty of rentals available. The bad news is that a foreclosure taints a credit record, making it harder to rent a place. Rental housing is plentiful in the Greater Los Angeles area -- even more so in the Inland Empire and San Diego County, areas hard hit by foreclosures.
Los Angeles Times Articles
|