As it stands today, Santa Monica’s rent control rules apply only to multi-unit housing and to units built prior to the adoption of rent control in 1979. The revisions proposed by SB 466 would extend rent control to single-family-homes and condos while changing the threshold from a fixed point in time (locally, pre-1979) to a rolling date that brings all construction into rent control after 15 years.
Read More: https://smdp.com/2023/04/05/rent-control-board-march-meeting/