An important and informative piece from Curbed explaining how California Assembly Bill 1482 will affect Apartment homeowners:

The largest change is that there is now a cap on how high property owners can raise their rents each year, specifically 5% + local inflation.

This law, however, will not affect buildings built in the last 15 years. Unless, of course, your city already have local rent control ordinances (like San Francisco or Berkeley, for example).

In addition to the above, the law will require that any eviction must have a provable “just cause”, and that any tenant resident for more than one year must be given the opportunity to “cure” the violation.

(https://la.curbed.com/2019/9/24/20868937/california-rent-control-law-bill-governor)