IET Real Estate Los Angeles Blog

This Tuesday, December 11, Los Angeles City Council unanimously passed a long-awaited and much discussed ordinance regulating short-term rentals, also known as home-sharing. Slated to go into effect on July 1, 2019, the ordinance bans rent-controlled units and non-primary residences from participating in home-sharing. The regulations will apply to the entire city of Los Angeles, including Venice, one of the city’s most popular vacation destinations. This is the city’s first attempt to legalize and simultaneously crack down on short-term rentals, which many critics say contribute to the housing crisis. Many who host on Airbnb have been vocal about how much they rely on the extra income to stay in their homes.

 What you need to know:

  • Hosts will
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After 3 years of debate, Los Angeles City Council Planning and Land Use Management committee approved a draft ordinance on December 4, 2018, pushing forward a proposed regulatory structure for home-sharing platforms such as Airbnb and HomeAway. Los Angeles currently has no enforced regulatory system for how residents home-share.

The committee's approval of the full ordinance means that the full City Council could vote on it soon and work out the smaller details in the future. The ordinance would not take effect until July 1, 2019, or until a separate ordinance regulating non-primary residences is passed.

The draft ordinance that went before the PLUM Committee on Tuesday would allow qualified hosts to rent year-round (in a program called “extended”

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Believe it or not, Home-Sharing aka Vacation Rentals aka Airbnb is technically illegal in Los Angeles. It seems everyone has done it, or has friends or family who has; whether they host or travel. For the past few years, the Los Angeles City Council has been waiting to vote on a controversial ordinance with rules and regulations about who can home share, how they can do it, and what they have to pay in order to stay compliant. On Tuesday, November 6, the Planning and Land Use Management Committee heard comments from critics and advocates of this politicized ordinance for the sixth time since the motion was introduced in December 2014.

While the November 6 meeting drew numbers for another issue on the PLUM Meeting Agenda, the City Hall's hallways were

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Los Angeles City Hall

This Tuesday, Oct 24th, 2018 a Special Meeting of the Planning and Land Use Management (PLUM) Committee of the Los Angeles City Council convened to hear public comments on the proposed Home-Sharing Ordinance and adjourned without conclusion, again. The meeting was attended by members of the UNITE HERE Local 11, the Los Angeles Vacation Home Rental Alliance, Los Angeles Tenants Union, as well as concerned area landlords and home-share advocates. In the 3 years since the ordinance was proposed, it remains under review.

On June 2, 2015, City Councilmembers Mike Bonin and Herb Wesson first introduced the motion to direct the Department of City Planning to prepare an ordinance governing the use of short-term rentals (a portion of a residential building

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2017-08-18_14.00.02_400 

 

 

Was fortunate enough to participate in very first group tour of the new Kaiser Permanente Baldwin Hills-Crenshaw Medical Offices (behind mall on Martin Luther King Jr. Blvd) led by Assistant Physician in Charge, Latanya Hines, M.D.

 

 

 

 

 

 

The new facilities are beautiful on the outside and state of the art on the inside.  In addition to the modern aesthetic and all the impressive tech there were some nice touches like the featured art pieces sourced by locally based artists.  Hopefully community members will receive many years of top notch medical services as a result of increased access via this new facility.

 

 

 

 

The tour and a tasty catered lunch was facilitated by Crenshaw Chamber of Commerce.

 

 

Kaiser Permanente

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City of Los Angeles Parkway Enforcement to begin August 14th

 To those property owners who have been frusturated by the city lack of enforcement in this area this is good news, to those without parking not so much...

 

http://la.streetsblog.org/2017/07/26/parking-round-up-parkway-enforcement-smart-boot-expo/ 

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I for one am generally pro gentrification but I can definitely see how it can offend and change a neighborhood for the worse.  This type of development is needed more in our area (East of Larchmont & South/West of the 101 freeway - Koreatown to the South, Larchmont Village-Hancock Park to the West, East Hollywood to the North, Silverlake-Los Feliz-Echo park to the East)

 

Conscientious, retains character and spirit of the neighborhood, independent company versus large chain or franchise.

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Open House 6/11/17 12-2pm - $515,000


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Cape Cod style home in quiet Harbor Pines neighborhood Intimate 7 unit Gated Community Built in 2005 No shared walls=SFR feeling Upgrades include: oak hardwood floors, gourmet kitchen w/ Brazilian granite counter tops & walk-in pantry, real wood plantation shutters, stainless steel appliance package 2x car garage Reverse layout = lots of natural light & peek-a-boo views of city Dual sided fireplace in living room/dining room Central heat (no air) Great opportunity to own high quality home at entry level price Conventional Loans only complex not FHA/VA approved Less than 2 miles to whole foods, 24 Hour Fitness, Costco &
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Price Reduced $30k! - Motivated Seller!! - $419,000 All offers Welcome - Including FHA/VA and all Down Payment Assistance Programs

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4x bedrooms 2x full bathrooms Well maintained home in good condition. Property has laminate flooring and Washer dryer hookups. Property had central heat and air w/ ducting installed in last 2 years. 2x remodeled bathrooms Garage has been recently re-built Gated front yard with long driveway and large 2x car garage alley access for RV or boat in back yard (alley locked by city so no through traffic) Big house ideal for large family. Extremely motivated seller bring any and all offers FHA/VA offers welcome. Showings with Appointments only - DO NOT DISTURB
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