Soft-Story Retrofit Program for Los Angeles County

SOFT-STORY RETROFIT PROGRAM FOR LOS ANGELES COUNTY

What Can We Do So You Don’t Have To?

As a professional in Los Angeles County, perhaps Portfolio Property Management can help to alleviate some of the headaches that often accompany the ownership of property, help with the paperwork for the Soft-Story Retrofit program, manage the multiple vendors involved to comply with the order, and make sure you are in compliance with the Tenant Habitability Program.

Our company will be able to assist you with rental problems by offering different management procedures, as well as, developing individual property plans to meet your expectations of the property.

Would you like to be done with this property and sell? Our Brokerage Company, Portfolio Properties, can help!

Do you need financing or a renovation loan? Our Lending division, Portfolio Funding, can help!

It’s as easy as 1, 2, 3!

Videos

LA City Council Approves Seismic Retrofitting Measure

Soft-Story Retrofitting

From the receipt of the Order (Ordinance 183893):

Call Portfolio Property Management.
We coordinate with the engineer, architect, and contractor to evaluate the strength of the building and develop plans for the building’s seismic strengthening and obtain permitting.
We prepare the Tenant Habitability Plan (THP) and notify tenants.
Within 12 months of completing the retrofit work, we submit the paperwork for the Seismic Retrofit Cost Recovery Program.

Compliance Requirements:

Just a few things we can do for YOU!

Soft-Story Project and Renovation Management
General Contractors B License
We handle the tenants notifications and questions regarding the THP
Tenant discounts for services lost during the retrofitting
Full Bookkeeping Service
Investor and Tenant Portals
Property Rent Roll
Members of the California Apartment Associate (CAA)We use CAA forms and legal advisors
Funded Reserve
An Annual Property Operating Data (APOD)
Brokerage and Financing Divisions
Short Term Loan Financing