Santa Monica Sues Real Estate Firm for Converting Rent-Controlled Units Into Vacation Rentals

 Santa Monica Sues Real Estate Firm for Converting Rent-Controlled Units Into Vacation Rentals

City of Santa Monica files complaint against NMS Properties Corporation 

By Sam Catanzaro

Santa Monica is suing a real estate corporation for converting a rent-controlled apartment building into alleged illegal vacation rentals. 

In a lawsuit filed on September 28, 2021, the Santa Monica Rent Control Board and the City of Santa Monica allege that since 2018 NMS Properties, Inc. and its affiliates have violated and continue to violate the state Ellis Act and local Rent Control regulations, as well as laws intended to protect long-term tenants and preserve the City’s affordable housing stock. The lawsuit alleges that the owners and managers of the residential rental property at 1242 10th Street, including WMNS Communities, LLC and NMS Properties, Inc., unlawfully converted what had once been a rent-controlled 10-unit multi-family residential apartment building with stable, long-term tenants, into a building that is now…

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