Legacy Asset Management
Journal
What we have learned running rental property in Los Angeles since 1991, written down. Two sections, because owners and renters need opposite things from the same rulebook.
For Owners
Written for people who own a building and have to keep it compliant, tenanted and standing. Rent stabilization, historic overlay work, retrofit and inspection deadlines, and what each of them costs in practice.
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Historic West Adams, block by block
The eight historic overlay districts with their adopted boundaries mapped, both Business Improvement Districts, and the five neighborhoods that carry no overlay at all.
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West Adams property management
How we work, what we charge, and what running a pre-1978 building inside a historic overlay actually involves.
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“No pets” counts as a pet policy: what California’s SB 1296 means for rental owners
Starting April 1, 2027, every California rental needs a written pet policy, even a no-pets one, and applicants have to see it before they pay an application fee. What SB 1296 requires, what it doesn’t, and how to get ready.
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The leak nobody hears: preventing water waste in Los Angeles rentals
Running toilets, broken sprinklers and the LADWP rules most people never hear about: who pays, who repairs, and what tenants should report, whether the water bill is in the owner's name or the tenant's.
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Your Eviction Isn’t Over When You Win: What AB 747 and AB 2042 Mean for California Landlords
California's AB 747 and AB 2042 change how eviction service is documented and make old default judgments easier to challenge. A general overview for rental owners.
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The real cost of self-managing a Los Angeles rental in 2026
Self-management looks free because the fee is the only cost on a statement. Here is where the other costs hide in Los Angeles in 2026: vacancy, this year's rule changes, deposit photographs, old-building repairs and your time.
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Priced Out, Not Moving Far: What the New Migration Data Means for LA Rental Owners
Los Angeles is losing buyers and younger adults to cheaper nearby markets while rents slip and costs climb. What three new reports mean for rental owners.
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Should you hire a property manager? Six signs for Los Angeles owners
Rent rules you are not sure of, records that would not survive a dispute, repairs on your schedule rather than the building's: how to tell when self-managing has stopped working.
For Renters
Written for people renting in Los Angeles. Deposits and what may lawfully be taken out of one, repairs your landlord is obliged to make, and how tenant screening actually works. We manage buildings, which means some of this describes obligations we are on the hook for.
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Protect your credit
How to freeze your credit reports at all three bureaus for free, how to lift the freeze in an hour before you apply for a home, and what to do when a tenant screening report has something wrong on it.
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West Adams neighborhood guide
Sixty-three places along Washington, Adams and Jefferson, and which Metro E Line station serves which stretch, before you sign a lease.
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The leak nobody hears: preventing water waste in Los Angeles rentals
Running toilets, broken sprinklers and the LADWP rules most people never hear about: who pays, who repairs, and what tenants should report, whether the water bill is in the owner's name or the tenant's.