Redondo Beach : Condo Policy Retained
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The Redondo Beach City Council on Tuesday unanimously agreed to retain its current policy of not allowing condominium conversions in the city unless the rental vacancy rate is greater than 4%.
The council had requested a study of the policy last October to determine whether the cap could be lifted or modified to allow conversion of two-unit buildings.
The planning department cited a number of adverse effects if the current restrictions were eased and recommended that they be retained.
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