North Oak Property Management

The following exert was taken from a CAA (California Apartment Association) email. North Oak urges all Landlords to send a letter to its council members.

Action Alert:
LA City Council to Decide on 50/50 Split of Inspection Fees

As you may know, Los Angeles rental property owners are allowed to pass through 100% of the City of LA’s Systematic Code Enforcement Program (SCEP) Inspection Fees to residents.  The fee is currently $35.52 per unit per year and is proposed to increased to $43.32 per unit per year beginning January 1, 2012.

This Tuesday, October 25th at 10:00 AM at City Hall Room 340, LA City Councilmember Richard Alarcon will propose splitting the SCEP fee 50/50 to both rental housing owners and residents. CAA-LA opposes the 50/50 split of the SCEP fees for the following reasons:

• Most rental property owners in Los Angeles are small landlords.  The 2009 Economic Roundtable report on the Rent Stabilization Ordinance found that “52 percent of all rental property owners in the City of Los Angeles own 2 to 4 units.”
• The 2009 Economic Roundtable report did not recommend splitting the SCEP fee between landlord and tenants.
• Currently, RSO owners are facing increases in water and sewer rates, trash fees, insurance fees and maintenance costs.  Another fee increase will harm owners who are providing affordable housing in Los Angeles.
• Implementing a split of the SCEP fee only will harm owners who are working to maintain and preserve LA’s housing stock.

Please contact the LA City Concil and tell them to vote NO on the 50/50 split. Your calls, e-mails and letters have a tremendous impact. For a map of LA City Council Districts click here.

Paul Krekorian, District 2    (213) 473-7002     Councilmember.Krekorian@lacity.org
Dennis Zine, District 3        (213) 473-7003     Councilmember.Zine@lacity.org
Tom LaBonge, District 4     (213) 473-7004     Councilmember.Labonge@lacity.org
Paul Koretz, District 5        (213) 473-7005     Councilmember.Koretz@lacity.org
Tony Cardenas, District 6   (213) 473-7006     Councilmember.Cardenas@lacity.org
Bernard Parks, District 8    (213) 473-7008     Councilmember.Parks@lacity.org
Jan Perry, District 9           (213) 473-7009     Councilmember.Perry@lacity.org
Herb Wesson, District 10   (213) 473-7010     Councilmember.Wesson@lacity.org
Mitch Englander, District 12 (213) 473-7012   Councilmember.Englander@lacity.org
Eric Garcetti, District 13     (213) 473-7013     Councilmember.Garcetti@lacity.org
Jose Huizar, District 14      (213) 473-7014     Councilmember.Huizar@lacity.org

North Oak Property Management, The premier management service in the Greater Los Angeles area, Burbank, Glendale, Inglewood, and Ventura County since 1984.

Rear of Property

At the beginning of October North Oak Property Management took over the management of 621 Osage Ave, Inglewood CA. This amazing 8 unit property contains, 1, 2, and 3 Bedroom units. The building is located one block west of the Forum. Its spacious units also offer balconies/porches which for most units is a unique feature in this neighborhood. Currently there is a Two Bedroom One bathroom unit being renovated and should be ready within days for rent. Act now this unit will not stay on the market for long. Please contact us if you are interested in making this beautiful property a place to call home.

North Oak Property Management, The premier management service in the Greater Los Angeles area, Burbank, Glendale, Inglewood, and Ventura County since 1984.

North Oak is proud to announce the appointment by American Communities to manage two of its properties which it will be acquiring this week. North Oak has been and continues to be American Communities partner in managing its acquisitions in the greater Los Angeles area.

North Oak Property Management, The premier management service in the Greater Los Angeles area, Burbank, Glendale, Inglewood, and Ventura County since 1984.

North Oak Property Management was proud to attend the AAGLA’s Trade show this past Thursday. We enjoyed meeting so many great people and thank everyone for taking the time to stop by our booth. Steve Rodstein and Joel Rodstein, North Oak Property Management’s CEO and COO were on hand to answer questions from the trade show attendees and also give information about North Oak. We hope to see you all at our next trade show function or meet with you individually to discuss how we can help you with your management needs.

North Oak, The premier management service in the Greater Los Angeles area, Burbank, Glendale, Inglewood, and Ventura County.