SF Allowable Annual Rent Increase
Multi-family property built before June 13, 1979 are subject to San Francisco’s Rent Control Ordinance. Owners of properties affected by San Francisco Rent Control may only impose an an annual rent increase equal to 60% of the increase in CPI. On March 1st of each year, the San Francisco Rent Board shall publish the increase in the CPI for the preceding 12 months, as made available by the U.S. Department of Labor.
The annual allowable increase amount effective March 1, 2023 through February 29, 2023 is 3.6%.
The annual allowable increase amount effective March 1, 2022 through February 28, 2023 is 2.3%.
The annual allowable increase amount effective March 1, 2021 through February 28, 2022 is 0.7%.
The annual allowable increase amount effective March 1, 2020 through February 28, 2021 is 1.8%.
Statewide Rent Control AB 1482
California’s Statewide rent control, the Tenant Protection Act, AB 1482, affects multi-family property older than 15 years (2005).
AB 1482 caps annual rent increases at 5% plus the rate of inflation. It also requires landlords to show a “just cause” to evict tenants in place for 12 months or more. Tenants of no-fault just cause evictions must be offered relocation assistance equal to one month of rent.
Soft Story Retrofit Process
The Mandatory Soft Story Retrofit Program (MSSP) was created in 2013 as a multi-year community-based effort led by the Earthquake Safety Implementation Program and enforced by the Department of Building Inspection to ensure the safety and resilience of San Francisco's housing stock through the retrofit of older, wood-framed, multi-family buildings with a soft-story condition.
COPA Law & Process
The Community Opportunity to Purchase Act (COPA) gives qualified non-profit organizations the right of first offer, and/or the right of first refusal to purchase certain properties offered for sale in the City. COPA was created to prevent tenant displacement and promote the creation and preservation of affordable rental housing.
The following properties are subject to COPA:
Buildings with 3 or more residential units
Vacant land that could be developed into 3 or more residential units
San Francisco Property Tax Rate
The State of California property tax year is July 1st through June 30th.
Property tax collected by each county is payable in two installments:
First payment due November 1, delinquent December 10th
Second payment due March 1, delinquent April 10th
Secured Property Tax bills are mailed in October.
The secured property tax rate for Fiscal Year 2022-23 is 1.17973782%.