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Property at 312 East 42nd Place Removed from Rent Escrow Account Program (REAP) After Correcting Violations

  • When: 2006/09/19
  • Address: 312 East 42nd Place
  • City: Los Angeles
  • State: CA
  • Category: Economic Development Incentives
  • Subcategory: Housing Program
  • Asset Class: Multifamily
  • Size (Units): 3 Units

The Los Angeles City Council approved the removal of the property at 312 East 42nd Place from the Rent Escrow Account Program (REAP). This action follows the correction of 31 initial violations, including plumbing/gas and illegal construction issues, by the owner. The Los Angeles Housing Department (LAHD) and Inner City Law Center verified compliance, leading to the termination of rent reductions and the release of escrow funds to the owner. The property contains 3 total units. The City Council's resolution also outlines that the LAHD will conduct an expedited systematic inspection and the owner will prepay for two annual inspections.

Source

Ownership - NICOLAS CAMACHO LIVING TRUST


Nicolas Camacho