Originally Posted by
y2k1jetta
Yes but you may not like Palms or Culver City, and those are a solid 20 mins. West LA is under some rent control as is Santa Monica but dig around West LA first and the area is very busy.
Beverly Hills, West Hollywood, Santa Monica and Los Angeles are the only cities with rent control in Southern California. If a tenant voluntarily moves, though, and under some other circumstances such as a major rehab, apartments can be rented at market value. This isn't New York City style rent control or what Santa Monica once had which was struck down by the California Supreme Court.
In the city of Los Angeles, the cap on yearly rent increases is (basically) 3% IF the apartment was built by October 1, 1987 or prior. There is NO cap on rent increases at any time if the building was built after that.
http://lahd.lacity.org/lahdinternet/...language=en-US
I don't see any problem with the Palms area west of Overland. Some areas of Culver City are nice. Mar Vista most areas are just fine. West Los Angeles west of the 405 below Santa Monica Blvd. can be a little lower priced, too. These might not be as nice as Westwood or Brentwood but they are fine areas with lots of apartments.