At least 10 rent-stabilized apartments are again available for housing following legal settlements with property owners who allegedly violated city regulations by using them as short-term rental units, Los Angeles City Attorney Hydee Feldstein Soto announced Tuesday.

On Tuesday, Feldstein Soto gave an update on her ongoing crackdown on illegal short-term rentals and party houses in the city.

According to the City Attorney’s Office, city lawyers reached a pre-litigation settlement with MC Pico Properties LLC and Monem Corp. — the owner and manager, respectively, of the Franklin Apartments.

Since late 2020, MC Pico and Monem allegedly used the rent-stabilized building for illegal short-term rentals for more than 3,000 nights, city prosecutors said. At least 10 of the building’s 30 units h

See Full Page