Beverly Hills Rent Increases Held to 4.7%
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The maximum rental increase for rent-controlled apartments in Beverly Hills in January, 1986, will be 4.7%, according to a spokesman in the city manager’s office.
The rate, which has been virtually unchanged for a year, is based on an average of consumer price levels in greater Los Angeles.
About 5,000 of the city’s 8,400 rental units are covered by the rent-control system.
Since landlords must give a 30-day notice before asking for a rent increase, they are urged to contact the city’s rent stabilization office at 550-4939 to determine what the rate will be in February, the spokesman said.
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