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Property at 1505 S Selby Avenue Removed from Rent Escrow Account Program (REAP)

  • When: 2025/08/20
  • Address: 1505 S Selby Avenue
  • 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 recommendation from the Los Angeles Housing Department (LAHD) to remove the property at 1505 South Selby Avenue from the Rent Escrow Account Program (REAP). This action terminates the rent reductions and the escrow account for the units previously placed in the REAP program due to code violations. The property owner, ST PAULS COMMUNITY SELBY, had 30 initial violations cited by the Code Enforcement Division, including structural hazards, sanitation, weatherproofing, and maintenance issues, which have since been corrected. The resolution allows for the termination of rent reductions, restoration of rent to original levels 30 days after tenant notification, and the release of escrow funds after administrative fees and outstanding penalties are satisfied. The LAHD will also conduct expedited systematic inspections.

Source

Ownership - ST PAULS COMMUNITY SELBY


City Representative - Liseth Romero