pages: RentReviewAdvisoryCommittee/2018-12-17.pdf, 3
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RentReviewAdvisoryCommittee | 2018-12-17 | 3 | Approved Minutes December 17, 2018 7-D. CASE 1179 - 1845 Poggi St., Apt. D223 Tenant: Tam Trung Nguyen Landlord: Andy King Proposed rent increase: $169.00 (10.0%), to a total rent of $1,864, effective December 1, 2018 Using a speaker phone Staff called a translation service to obtain a Vietnamese translator for Mr. Nguyen. Vice Chair Murray explained the meeting procedure to Mr. Nguyen. Mr. King stated that his company purchased the property over a year ago and have made $3 million in improvements, as the prior owners had neglected maintaining and improving the property. Mr. King detailed the improvements made to the property, which included seismic retrofitting, security improvements, and the addition of amenities. He said the property tax bill was approximately half a million dollars more than the previous owner. Mr. Nguyen said he had lived in the unit for two years, and is paying more than many current residents. He said that he could afford a 5% increase but not the 10% the landlord was requesting. He said that there have been improvements to the property but not the inside of his unit. Member Johnson asked Mr. King how many units were currently vacant and he provided an approximate number. She asked how much current units were renting for and Mr. King provided a range of current market rate rents. Mr. Nguyen said he was a baker for Sugar Bowl Bakery and his son attended a high school in the City of Alameda. He said his wife worked part-time in a local spa as a nail technician. Member Sullivan-Cheah asked Mr. Nguyen how much of a rent increase he could afford. Mr. Nguyen said he could afford a maximum increase of $80. He said an increase above that would make their budget very tight considering their other expenses. The parties were not able to make an agreement and the Committee began deliberations. Member Johnson said she thought an increase of about 5% was reasonable as the landlord acquired the property knowing the improvements that needed to be done and how much the current tenants' rents were. Member Sullivan-Cheah said he found the previous increases significant considering the tenants' short tenancy, and that the rent was generally close to market rate. He said he was thinking that a rent of $1,784 would be reasonable. Page 3 of 7 | RentReviewAdvisoryCommittee/2018-12-17.pdf |