Seniors in 55+ California Mobile Home Park Say Rent Doubled Under New Corporate Owners

Residents of the Crestview Hills Mobile Home Park in Fallbrook, CA, are facing two rent increases this year as the community is under new ownership.The 55-and-older community was recently purchased by a new owner, which informed the residents of a second rent increase due to a property tax reassessment.“The recent sale of Crestview Hills will result in a substantial and near-term property tax reassessment, including supplemental property taxes payable by the new owner. And higher ongoing annual property taxes,” reads the letter, according to KGTV.The management company provided tenants with information about a subsidized rent program in addition to informing them about the additional increase.Resident Rita Burn, who provided KGTV with the letter from the company, said that her rent has nearly doubled since she moved into Crestview Hills.When Burn moved into the park when she retired in 2017, she paid $825 a month for rent. Now, her rent is $1,600 per month and could climb higher if a second increase goes through.Burn, who is on a fixed income, was shocked to find out a second increase was coming.“I couldn’t believe it. I mean, I had heard rumors that it was gonna happen and then we...