Answer
Does AB 1482 apply to my building?
Generally yes if the building is 15+ years old, has 2+ units, and isn't separately alienable (single-family on its own lot). Exemptions include single-family homes not owned by a corporation or LLC with a corporate member, condos owned separately, and buildings under 15 years old (rolling exemption). Always verify per property with your attorney.
The 15-year rolling exemption
AB 1482's age exemption rolls: a 2010 building is covered starting 2025, a 2011 building starting 2026, and so on. This matters when pricing newer product.
What AB 1482 caps
Annual rent increases are capped at 5% + local CPI, up to 10% total. Just-cause eviction protections apply. Plan the exit narrative accordingly.
Local context
This answer reflects how deals actually trade in Cameron Samimi's core coverage area: the South Bay (Torrance, Redondo Beach, Hawthorne, Lawndale, Gardena, El Segundo), Long Beach (Alamitos Beach, Belmont Heights, Wrigley, Bixby Knolls, Downtown), and Westside LA. Pricing, rent regulation, and buyer depth differ materially between these submarkets — verify the specifics for your property before acting.
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