• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Torrance rejects rent control ordinance for mobile homes

John R. Saunders of Saunders Property and the Skyline Mobile Home Park at 2550 Pacific Coast Highway (Saunders, Google Maps)
John R. Saunders of Saunders Property and the Skyline Mobile Home Park at 2550 Pacific Coast Highway (Saunders, Google Maps)

The municipality of Torrance has backed a rent limit deal by the landlord of a mobile home park while rejecting a proposed rent stabilization ordinance favored by residents.

The City Council rejected the rent control ordinance in favor of a rent stabilization agreement proposed by the owner of Skyline Mobile Home Park at 2550 Pacific Coast Highway, the Torrance Daily Breeze reported.

Residents of the 265-lot, senior-only mobile home park had urged the council to protect them from skyrocketing rents for more than a year.

The inland park was acquired by Saunders Property, based in Newport Beach, in October 2021. Since then, rents at Skyline have increased 15.9 percent, and will rise another 10 percent in January.

The first rent hike came as a result of a $625,000 increase in property tax to Saunders Property because of a land-value reassessment at the time of purchase, owner John Saunders had told residents.

Further raises, he said, will gradually bring rates up to what he says is market value. The increased rents, however, alarmed the park’s senior residents, who live on fixed incomes.

“I want to stay in Torrance, I love Torrance, but if these increases continue, I won’t be able to afford Torrance,” resident Bernice Rose said. “ I’m 85 years old, blind in one eye and can barely see out of the other. If I had to move somewhere else, I’d be crawling along the floor to find out where I’m going.”

In response to pressure from the City Council, which had considered a potential rent control ordinance since early this year, the landlord proposed a rent stabilization deal in August.

Saunders volunteered to apply the rent increase limits of state AB 1482 to the space rents at Skyline.

The statewide bill applies to rental units, not mobile home parks, and caps annual rent increases at 5 percent, plus the regional rate of inflation, for a total raise not to exceed 10 percent.

In September, the council supported this agreement over a rent control ordinance, saying it was a fair deal. But Councilman Asam Sheikh requested the city reconsider the decision, because of potential confusion over terms.

He proposed a rent stabilization ordinance with a 4 percent annual increase, plus inflation, for a total raise not to exceed 10 percent, including a provision to allow the owner to reset rents to market value with each change in tenancy.

The motion – supported by Assemblyman Al Muratsuchi and L.A. County Supervisor Janice Hahn – failed to receive a second, and died without a council vote.

— Dana Bartholomew

[contact-form-7 404 "Not Found"]
Read more
  • Faring moves ahead on 1,200-unit project in Carson
  • Mobile home REIT buys two Riverside County parks for $40M
  • Atherton couple buy mobile home park in San Jose for $41M

The post Torrance rejects rent control ordinance for mobile homes appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 18 November 2022
  • The Real Deal
  • Uncategorized
  •  Like
WeHo compound breaks neighborhood record →← Integral Communities to build 226 homes by LA River in Long Beach
  • Recent Posts

    • LA signed resi contracts volume jumps over 300% as “Entourage House” finds buyer July 14, 2025
    • California to create new housing agency to meet shortage crisis July 14, 2025
    • Irvine voters could strike down Irvine Company’s golf course conversion July 14, 2025
    • Crescent Heights plans LA’s biggest condo conversion project in 52 years July 14, 2025
    • Pasadena Office Tower loses more than half its value in a decade, worth less than debt tied to it July 12, 2025
  • Recent Comments

    • Archives

      • July 2025
      • June 2025
      • 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