Golden State Property Management is committed to keeping you informed about the latest legislation that impacts your investments. We’re here to help you navigate the changes and ensure your properties remain compliant and profitable.
What You Need to Know About AB 1482
The California Tenant Protection Act of 2019 (AB 1482) has implemented new rent caps effective from August 1, 2024, through July 31, 2025. These caps are based on updated Consumer Price Index (CPI) figures for all California counties. Under AB 1482, rent increases are limited to no more than 5% plus the percentage change in the cost of living as measured by the CPI, or 10%, whichever is lower.
For example, in Los Angeles and Orange counties, the CPI increase is 3.9%, resulting in an allowable rent increase of 8.9%. In Riverside and San Bernardino counties, the CPI increase is 4.3%, leading to an allowable increase of 9.3%. These updates ensure tenants are protected from excessive rent hikes while allowing landlords to manage rising costs.
To calculate the allowable rent increase for your property, you can reference the table provided or use the California Apartment Association’s CPI calculator for precise figures.
| County of Property | 2024 CPI Increase | AB 1482 Allowable Increase (CPI + 5%) |
| Los Angeles | 3.9% | 8.9% |
| Orange | 3.9% | 8.9% |
| Riverside | 4.3% | 9.3% |
| San Bernardino | 4.3% | 9.3% |
| San Diego | 3.6% | 8.6% |
| Alameda | 3.8% | 8.8% |
| San Francisco | 3.8% | 8.8% |
| San Mateo | 3.8% | 8.8% |
| Santa Clara | 3.8% | 8.8% |
| All other counties | 3.8% | 8.8% |
Why This Matters
Understanding these rent caps is crucial for maintaining compliance with state regulations and safeguarding your investments. Non-compliance can lead to legal challenges and potential penalties, so staying informed is essential.
Share the Knowledge
At Golden State Property Management, we believe that informed clients make better decisions. We encourage you to share this important information with family, friends, and fellow property owners. By spreading the word, you help others stay informed and protect their investments as well.
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We are here to support you every step of the way. For more updates on legislation, property management tips, and expert advice, make sure to follow our website blogs. Together, we can ensure your properties are well-managed and compliant with all legal requirements. Contact us today to learn more about how we can help you stay ahead of the curve and keep your investments thriving!