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Property at 2016 S Bedford St Removed from Rent Escrow Account Program (REAP) After Corrected Violations

  • When: 2025/02/11
  • Address: 2016 S Bedford St
  • City: Los Angeles
  • State: CA
  • Category: Economic Development Incentives
  • Subcategory: Housing Program
  • Asset Class: Multifamily
  • Property Type: Multifamily
  • Size (Units): 6 Units

The Los Angeles City Council adopted a motion to remove the property at 2016 South Bedford Street from the Rent Escrow Account Program (REAP). This action followed a recommendation from the Los Angeles Housing Department (LAHD), confirming that the property owner had corrected all cited code violations, which included issues with exiting, fire protection equipment, and electrical systems. The property, containing six units, was initially placed into REAP under Case No. 809541 due to these violations. With the council's approval, rent reductions for the property will be terminated, and the associated escrow account will be closed. The LAHD will also conduct expedited systematic inspections of the property, and the owner is required to prepay for two annual inspections beyond the initial re-inspection.

Source

Ownership - STANLEY & PATIENCE KEREGHA