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rent

Loft For Lease: 200 N. San Fernando Rd. #405 - Lincoln Heights

Leased

200 N. San Fernando Rd.
Lincoln Heights, CA 90031

Open House: Monday, 9/20, 4-6 PM - please email for an appointment team@urbanhillsides.com

Experience a true loft living environment at 200 San Fernando Road in the restored Alta Lofts!

The building has Art Deco features, central open landscaped courtyard, social room, gym, bike storage area and community BBQs. This unit has hardwood floors, floor to ceiling east facing windows, high ceilings, exposed ducting and includes all appliances including laundry in the unit. The building is walking distance to the Metro, close to Downtown, Chinatown, Elysian Park and the LA River. One secured parking space in included.

Available: 10/1/21

Studio

974 square feet

Rent: $2,200

Deposit: $3,500

Pets considered

team@urbanhillsides.com

For Lease: Light-filled Eagle Rock Home with Work-From-Home Space

For lease - 3 bed 3 bath with great outdoor space in great neighborhood. 2717 Lytelle Pl., Los Angeles, CA, 90065.

2717 Lytelle Pl.
Eagle Rock, CA 90065

Rent: $4,500 per month

Light-filled home - 4 bedroom / 3 bath. The 4th bedroom is open to a common space and currently functions as an office. This common bonus space provides plenty of room for a second office - see photos. The tastefully upgraded kitchen integrates into an open floor plan. It transitions from the large living room all the way to the backyard. The formal dining room connects to the kitchen and looks out onto the oversized backyard. A wood patio with a built-in BBQ and sink complete the scene. More features: central air and heat, all appliances, wood floors in all common areas, carpet in bedrooms, recessed lighting, updated bathrooms with floating vanities and a soaking tub. The primary bedroom suite has a wall-to-wall closet system with en suite bath with a multi-head shower design. A modular wall unit in the living room provides ample storage, and the room is wired for audio. Most furniture in the photos can be included if desired. There is one covered and one uncovered parking space. Downstairs / entry level space is owner storage.

Bedrooms: 4

Bathrooms: 3

Living space: 1,740 sq ft

Total move-in required: $8,000 plus first month $4,500 - $12,500

For Lease: Highland Park Recently Remodeled 1/1 Apartment

302 Branch St. Unit E
Highland Park, CA 90042

$1,525 / mo

1 bed
1 bath
500 sq ft

Remodeled one bedroom one bath downstairs apartment with hardwood floors and three walls of light. Located in a 5-unit building within walking distance to York and Figueroa in a popular Highland Park neighborhood. Updates include new kitchen, granite counter tops, remodeled bath, copper plumbing, and modern tile. Three walls of windows flood the apartment with natural light. Stove and microwave included. One off street parking space on site. The property is located on a residential street and is surrounded by a mix of single family homes and smaller apartment buildings. Close to restaurants, grocery stores, bus lines and Metro station.

Owner pays for water. Tenant responsible for gas, electric and trash. Pet(s) considered upon landlord's approval, pet deposit and pet insurance required.

Please contact darren@urbanhillsides.com for a showing and additional info
Text/call - 323.898.2991

Lease: Highland Park Newly Remodeled 2/1 with Yard - Apartment Feels Like Small House

Highland Park 2/1 Apartment That Feels Like Small House. 302 Branch, A, Los Angeles, CA, 90042.

302 Branch St. Unit A
Highland Park, CA 90042

$2,700 / mo

2 bed
1 bath
800 sq ft

Washer/dryer
Air conditioning

Remodeled 2 bed/1 bath front unit in a small building. Located in the heart of Highland Park within walking distance to York & Figueroa St, restaurants & markets. Private fenced front yard, laundry hookups in the unit & two parking spaces. Energy efficient upgrades include 3 mini split units with heat & A/C, hot water on demand with a dedicated tankless water heater & LED lighting throughout. The kitchen has been upgraded with shaker cabinets, granite countertops, a new 5-burner gas stove, dishwasher, large pantry & an oversized sink. There is a dedicated dining area & large living room with lots of natural light. A large shade tree in the front yard adds to the house-like feel of this unit that is ready for immediate occupancy.

Well behaved pets welcome. Owner pays water. No smoking inside the unit.
2 parking spaces included in rent total cost.

Please contact darren@urbanhillsides.com for a showing and additional info
Text/call - 323.898.2991

Mortgage and Rental Payment Relief Updates - COVID-19 - Los Angeles

In conjunction with the “Safer at Home” emergency order there needed to be some protection for property owners and renters. In the present environment many are unable to generate an income. The first city action was to protect tenants from being evicted based on the emergency order. The city is allowing tenants to defer payments for up to 6 months after the end of the emergency period.

Below are form links to help define and facilitate these changes.

NOTICE RE: NON-PAYMENT DUE TO COVID-19 (Notice to Renter of Rights Regarding Non-Payment Due to COVID-10)

NOTICE RE: NON-PAYMENT DUE TO COVID-19 (Tenant Provided Prior Notification to Landlord of Non-Payment Due to COVID-19)

Receipt for Partial Rent Payment (COVID-19 Eviction Moratorium)

In addition, here is a link to the housing department guidelines:
HCIDLA (Housing and Community Investment Department of Los Angeles) - COVID-19 EVICTION MORATORIUM

The next step still being worked on is to see if landlords and homeowners will be granted a deferment of their payments with the knowledge they would be taking in less income based on the above emergency action. The director of FHFA (Federal Housing Finance Agency) recently explained the new Mortgage Assistance Program. This program affects all mortgages guaranteed by Fannie Mae, Freddie Mac, FHA and most of all conforming loans. Some of the large banks have followed suit with their non-conforming portfolio loans as well. To look up your loan go to the links below. In each case you will need to contact your servicer (who may or may not be your lien holder) and navigate their process.

Fannie Mae loan look up: https://www.knowyouroptions.com/loanlookup
Freddie Mac loan look up: https://ww3.freddiemac.com/loanlookup/

We will continue to reach out with useful resources to help you navigate these tough times.
Be safe.

Landlord/Tenant Changes in 2020 and Beyond

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It’s not easy being a landlord or a tenant in 2020 as it has always been a relationship of opposing benefits. Despite the tension, people find a way to make it work in a mostly civil environment. But in the future the landlord/tenant relationship may get harder.

What happened? Authorities stopped building and downzoned neighborhoods for lesser density. By the time the low inventory issue was realized it was too late to make up for decades of underdevelopment. Compounding this situation, institutional investors purchased housing for rentals. According to one source 60% of Angelenos are presently renters with the trend predicted to rise.

Low inventory has created stressful relationships with tenants, landlords and regulators. This is an issue that all citizens should participate in solving.

Here are the changes that have happened already and the ones that are being discussed:

  • 2019 City of Los Angeles: Eviction Defense Program aka Right to Counsel. Tenants in the city get free legal representation paid by all residents.

  • 2020 State of CA: AB1482 (for 10 years) - Tenant Protection Act aka State Rent Control Highlighted details: Qualifying properties - all properties older than 15 years - some limitations on SFR; annual increase allowed - 5% max + CPI(10% max total); evictions must be just cause No-fault termination - one months rent to tenant or assist with cost of move. Link to bill: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB148

  • 2020 State of CA: SB1188 - Occupancy of property for people at risk of homelessness.

  • Proposed: L.A. County Fire parcel tax increase for shortfall needed to maintain infrastructure and for fire prevention.

  • Proposed: LA Vacancy Tax - Tax to be paid by property owners if a property sits vacant.

  • Proposed: State SB50 - Larger/denser developments near transportation hubs

  • Proposed: State AB22 - Every child and family - right to housing

  • Proposed: State AB53 - Limitation - Owner cannot request if applicant has a criminal record.

  • Proposed and defeated: L.A. City - Tenants right to form associations(unions). Could withhold rent if grievances are filed.

  • Proposed: State - “Split-Roll” - removes commercial properties from Prop 13 property tax protections. To be taxed at current market value. Properties under 3-million to be exempt. Impact on business owners with triple-net leases to be very large.

  • On State ballot in 2020 election: Prop 10(version 2) - Will create vacancy control. When a unit becomes vacant rent can only go up a small percentage rather than to market rate. This will create permanent low-priced units and permanently reduce the value of their buildings.