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Real Estate Archives

SD City Council Rejects Ordinance Banning Short-Term Vacation Rentals

Like many cities throughout the county and state, the San Diego City Council recently considered an ordinance which would effectively ban most short-term property rentals within city boundaries.

SB 1069 Signed Into Law Cutting Regulation on Construction of Granny Flats

On September 27, 2016, California Governor Jerry Brown signed Senate Bill No. 1069 into law, which will help to reduce regulatory barriers facing homeowners when seeking to build a granny flat (referred to as an "accessory dwelling unit") on their real estate. According to State Senator Bob Wieckowski (D - Fremont), the author of SB 1069, "[r]emoving the most egregious obstacles to building these units will help to increase the supply of affordable housing in California and allow more people to remain in the communities they call home.... SB 1069 returns more power to homeowners and reins in some of the enormous fees and requirements levied by local agencies."

Arbitration Provisions in Residential Lease Agreements

Residential landlords must be careful in the wording and explanation of arbitration provisions in lease agreements, especially with Spanish speaking residents. In a recent case, Penilla v. Westmont, a California Appeals Court found that an arbitration provision in a mobilehome park rental agreement was unconscionable, and thus unenforceable, when it (1) substantially benefited the landlord, (2) imposed fees and limitations that would have substantially deterred residents from asserting their claims and (2) 15 of the 46 named parties spoke little or no English. The arbitration agreement, attached to the lease, required the tenants to pay half of the arbitration costs up front and determined that a failure to do so would result in a default judgment in favor of the landlord. The court found that due to the low income nature of the tenants, virtually none of them would be able to afford the cost of arbitration.

Multifamily Housing Market Expected to Grow

In a prior post, we highlighted the sunny outlook for commercial real estate projects in Southern California. Essentially, there is a strong sense of confidence among commercial real estate developers that is expected to last through 2018. With such optimism on the commercial side of real estate development, can the same be said for residential projects?

Real Estate Developers Concerned with Southern CA Zoning Measures

A recent trend in Southern California cities has real estate developers concerned. Simply stated, cities are being restricted from issuing zoning changes which are crucial for new development projects. Cities like Malibu, Encinitas, and Newport Beach are just a few examples of cities that already have restrictions in place that prevent them from issuing the zoning changes for real estate development projects.

North San Diego County Real Estate Update: March 28 to April 8

In our first bi-weekly edition of the North San Diego County Real Estate Update, we wanted to compile a summary of a few recent stories that may be of special interest to our readers. Moving forward, we plan to publish an update every few weeks to note stories that may affect the commercial real estate and residential real estate markets in Northern San Diego County.

Caruso Concedes Defeat in Measure A Special Election in Carlsbad

After a hard-fought campaign fraught with controversy, Los Angeles developer Rick Caruso has conceded defeat in the special election held in Carlsbad on February 23. The special election was regarding a Caruso Affiliated proposed real estate development adjacent to the Agua Hedionda Lagoon (near I-5 and Cannon Road), which was intended to decrease "visitor-serving commercial development" from 48.3 acres to 26.7 acres and increase the amount of land designated as "permanent open space" from 155.1 acres to 176.7 acres.

City of Carlsbad Exempts La Costa Condos from Short-Term Vacation Rental Ordinance

Over the past decade, municipalities up and down the California coast have passed ordinances which limit short-term vacation rentals to properties located within the coastal zone.

Will the California Coastal Commission choose a new leader?

Commercials about California tourism may focus on how celebrities live their lives and have fun across the state, but arguably the real draw is the state's natural beauty; especially along the coastline. The Pacific Coast Highway is world renowned for its unspoiled beauty, and this is possible due in part to the work of the California Coastal Commission.

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