• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

New state law benefits exactly one OC mobile home park

California Governor Gavin Newsom & Rancho La Paz Mobile Home Park (iStock, Getty Images, Google Maps)

A new state law that offers protections against big rent hikes to residents of a single mobile home park in Orange County will take effect on January 1.

The law was signed by Gov. Gavin Newsom in July after residents of the Rancho La Paz park, mostly seniors who are reliant on Social Security pensions, faced dramatic rent increases because of the park’s unique location — it straddles two cities, Anaheim and Fullerton.

“We started a food pantry here and we fed 56 residents a week because after they paid the increases in the rent, they couldn’t afford food anymore,” Lupe Ramirez, a grandmother who lives in Rancho La Paz, told Spectrum News.

In 2015, rents were $650 on the park’s Anaheim side and $750 on the Fullerton side.

Rents have risen steadily since then, and in 2019 a new park owner, Saunders Property Company, which bought the park for $85 million, notified residents of another $200 monthly hike. Now some residents pay as much as $1,575, Ramirez told the Orange County Register.

Rancho La Paz’s location straddling two different municipalities made securing rent control measures difficult. That prompted Assemblywoman Sharon Quirk-Silva, a Democrat, to introduce a bill that applies protections to mobile home parks that are specifically located in two different cities. Rancho La Paz is the only mobile home park in the state that fits that criteria.

The measure limits annual rent increases to 3% plus cost of living or 5% — whichever figure is lower — for 10 years.

[OC Register] — Trevor Bach

Read more
  • Blackstone bets $550M on mobile homes
  • Developers pay $15M for Miami River mobile home park
  • Hot commodity: Investors bet on mobile home parks
[contact-form-7 404 "Not Found"]

The post New state law benefits exactly one OC mobile home park appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 03 November 2021
  • The Real Deal
  • Uncategorized
  •  Like
Massive student housing firm bilked on upscale complexes, tenants and investors say →← NBCUniversal joins studio expansion craze
  • Recent Posts

    • USC saves view of LA Coliseum sign after clash with developer, city May 15, 2025
    • Tesla re-ups lease of 82K sf Santa Monica service center May 15, 2025
    • Hotel designer asks $99K per month for Santa Monica beach pad May 15, 2025
    • Feds to sell landmark Spring Street Courthouse in DTLA May 14, 2025
    • Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood May 14, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM