Title
CASE 1203 - 553 Pacific Ave., Apt. D
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1. CASE NUMBER: 1203
2. ADDRESS: 553 Pacific Ave., Apt. D
3. UNIT STATUS: Non-exempt unit subject to a binding decision regarding the amount of the rent increase.
4. BASE RENT: $1,070.00 for a 1-bedroom unit; includes water and laundry.
5. RENT INCREASE OFFER(S): $200.00 (18.7%), to a total rent of $1,270.00, effective February 1, 2019
6. PAST INCREASE(S): Effective 2018: $40.00 (3.9%)
Effective 2016: $30.00 (3.0%)
7. TENANCY BEGAN: 2009
8. CONCERNS:
Landlord provided the following:
• The property functions as a source of income.
• Seeking a fair rate of return on the investment.
• Has improved the property over the years, including remodeling the subject unit prior to the start of this tenancy.
• Prior rent increases have been modest.
Tenant did not provide comment.
Exhibit 1) Form(s) submitted by Landlord
Exhibit 2) Form(s) submitted by Tenant