Key California Rental Market Changes in 2024 and What They Mean for 2025

2024 was a pivotal year for California’s rental market, with significant legislative updates and voter decisions shaping the future for landlords and tenants alike. From Proposition 33’s rejection to new rental regulations, these changes are setting the tone for 2025. Here’s a comprehensive recap of the major developments and their implications for property owners in Sacramento, Roseville, Fairfield, and beyond.

Proposition 33: Voters Reject Expanding Rent Control

A key ballot measure this year, Proposition 33, aimed to repeal the Costa-Hawkins Rental Housing Act, which limits rent control in California. If passed, it would have allowed local governments to impose rent control on newer properties and single-family homes.

However, voters decisively rejected the measure, reflecting a statewide concern over the potential impact on housing development and rental availability. For landlords, this decision preserves the existing rules, ensuring properties built after 1995 and single-family homes remain exempt from rent control.

New Statewide Tenant Protections

California also saw the introduction of expanded tenant protections in 2024, including:

  • Mandatory Relocation Assistance: Landlords must now provide relocation fees in specific no-fault eviction scenarios, such as substantial renovations or property conversions. These fees can range from $9,000 to $30,000, depending on the tenant’s circumstances.
  • Just-Cause Eviction Requirements: Just-cause eviction laws now apply to a broader range of properties, including single-family homes and accessory dwelling units (ADUs), requiring landlords to meet specific criteria before evicting tenants.

These measures aim to balance tenant stability with property owners’ rights, but they also highlight the importance of detailed lease agreements and compliance with local laws.

Los Angeles’ New Rental Regulations

In December 2024, Los Angeles implemented a new set of rental regulations, which include:

  • Annual Fee per Unit: Property owners must pay $31.05 per unit annually to fund tenant protection enforcement.
  • Mandatory Inspections: Landlords must conduct regular property inspections to ensure compliance with health and safety standards.
  • Expanded Rent Cap: The city expanded its rent increase cap, limiting annual rent hikes to 5% plus inflation or 10%, whichever is lower.

While these changes are specific to Los Angeles, they signal a growing trend of stricter rental laws in urban areas, which may influence other cities, including Sacramento and Fairfield, in the near future.

Sacramento Rental Trends in 2024

Sacramento’s rental market saw significant growth in 2024, driven by:

  • High Demand for Single-Family Rentals: With more families seeking spacious housing, single-family rental properties continue to dominate the market.
  • Rising Rental Rates: Average rents in Sacramento increased by approximately 8%, reflecting ongoing demand and limited inventory.
  • Tenant Expectations for Upgraded Amenities: Tenants increasingly value energy-efficient appliances, smart home technology, and well-maintained properties, making upgrades a key investment for landlords.

Looking Ahead to 2025

As we move into 2025, California landlords should prepare for:

  1. Increased Regulatory Oversight: More cities are likely to adopt stricter rental regulations, mirroring trends in Los Angeles and other urban areas.
  2. Tenant-Centric Policies: Legislators will likely push for additional tenant protections, such as expanded rent caps and eviction rules.
  3. Sustainability Requirements: Expect a focus on eco-friendly upgrades, including energy-efficient appliances and solar installations, to comply with California’s sustainability goals.

Staying informed and proactive will be critical for property owners navigating these changes.

Partner with Real Property Management Select for 2025 Success

At Real Property Management Select, we’re committed to helping landlords in Sacramento, Roseville, Fairfield, and surrounding areas adapt to California’s evolving rental market. From regulatory compliance to tenant management, our team provides the expertise you need to protect your investments and maximize returns.

Contact us today to learn how we can support your property management needs in 2025 and beyond.

Our Property Management Successes in 2024 and What’s Ahead for 2025

As 2024 draws to a close, Real Property Management Select reflects on a year filled with growth, success, and impactful contributions to property owners in Sacramento, Roseville, Concord, and Fairfield. Here’s a recap of our accomplishments this year and an exciting look at what’s on the horizon for 2025.

2024 Successes: Supporting Property Owners Every Step of the Way

  1. High Tenant Retention Rates
    This year, we prioritized tenant satisfaction, ensuring clear communication, responsive maintenance, and quality rental experiences. These efforts led to fewer turnovers, saving property owners time and money. 
  2. Proactive Maintenance Excellence
    With our focus on preventative maintenance, we tackled issues before they became costly repairs. Our team partnered with trusted local vendors to ensure properties remained in excellent condition throughout the year. 
  3. Compliance with Changing Laws
    Navigating California’s complex and ever-changing rental regulations is no small task. We kept property owners informed and ensured their rentals met all local and state requirements, reducing legal risks. 
  4. Digital Transformation
    We upgraded our technology platforms to streamline property management processes. From tenant screening to online rent collection, these improvements enhanced efficiency and transparency for property owners and renters alike. 
  5. Strengthening Community Connections
    Our team actively engaged with local communities, building partnerships and contributing to initiatives that benefit neighborhoods. 

What’s Ahead for 2025

  1. Adapting to Market Trends
    As rental demand continues to evolve, we’ll guide property owners through anticipated trends such as: 

    • Shifting tenant preferences for sustainability and energy-efficient housing.
    • A potential increase in demand for single-family rentals.
  2. Enhanced Legal Support
    California’s rental laws remain dynamic. In 2025, we’ll continue offering expert advice to help property owners stay ahead of new regulations and avoid legal complications. 
  3. Expanding Preventative Services
    In response to feedback, we’ll offer new maintenance plans designed to further reduce long-term costs and ensure the longevity of rental properties. 
  4. Focus on Owner Education
    We’ll introduce more resources—blogs, webinars, and guides—so property owners can stay informed and confident in managing their investments. 
  5. Commitment to Innovation
    Real Property Management Select will leverage advanced technology to improve property management experiences. From enhanced tenant portals to automated reporting tools, 2025 promises to deliver greater convenience and insight.

 

Looking Forward Together

At Real Property Management Select, we’re more than property managers—we’re your partners in success. Whether you own a single-family home or a portfolio of properties, our goal remains the same: maximizing your investment while providing peace of mind.

Contact us today to learn more about how we can help you achieve even greater success in 2025.

Top Winter Maintenance Tips for Rental Properties in Sacramento and Beyond

As winter sets in, protecting your rental property is essential for maintaining its value and ensuring tenant satisfaction. Whether you own rental properties in Sacramento, Roseville, Concord, or Fairfield, preparing for colder weather can prevent costly repairs and enhance tenant retention.

At Real Property Management Select, we specialize in helping landlords like you protect their investments through proactive property management. Here’s our comprehensive guide to winterizing your rental property.

1. Inspect and Maintain HVAC Systems

Ensure your property’s heating system is ready for winter with these steps:

  • Schedule a professional HVAC inspection to confirm it’s running efficiently.
  • Replace air filters to improve energy efficiency and indoor air quality.
  • Clean air vents to optimize airflow and heating.

2. Inspect Roofs and Clear Gutters

Prevent leaks and water damage by:

  • Checking for missing shingles, cracks, or leaks on the roof.
  • Clearing gutters of leaves and debris to prevent blockages.
  • Ensuring downspouts are directing water away from the foundation.

3. Weatherproof Doors and Windows

Drafts can lead to higher energy bills and uncomfortable tenants.

  • Apply weatherstripping and caulk around windows and doors.
  • Inspect window seals and fix gaps to minimize heat loss.

4. Service the Water Heater

Avoid mid-winter water heater problems by:

  • Inspecting for leaks and fixing them promptly.
  • Flushing the tank to remove sediment buildup for better efficiency.
  • Setting the temperature to 120-140°F for safety and energy savings.

5. Ensure Safety Equipment is Functional

Smoke and carbon monoxide detectors are essential, especially when heaters are running.

  • Replace batteries and test all detectors regularly.
  • Ensure detectors meet safety standards and are up to date.

6. Maintain the Exterior and Landscaping

Winter storms can wreak havoc on a property’s exterior.

  • Trim tree branches and shrubs that could fall or damage the property.
  • Clear walkways of snow and ice to avoid slips and liability risks.

7. Prepare for Emergencies

Always have a plan in place for unexpected issues.

  • Create an emergency contact list of reliable contractors.
  • Share emergency procedures with tenants to ensure they know how to respond.

Why Choose Real Property Management Select?

Our team serves Sacramento, Roseville, Concord, Fairfield, and nearby areas, offering professional property management services tailored to your needs. From regular maintenance to tenant placement, we ensure your property is in the best hands.

With decades of experience, we help property owners maximize their rental income and minimize stress. Partner with us to keep your properties winter-ready and thriving.

Contact Real Property Management Select Today!

Take the stress out of winter maintenance. Call or email us to learn more about our comprehensive property management services in Sacramento and beyond.