What is the AB 1482 rent increase cap for Thousand Oaks CA in 2026?

For 2026, the AB 1482 rent increase cap for Thousand Oaks is approximately 8.3%. The formula is 5% (fixed component) plus the percentage change in the regional Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), not to exceed 10% total. Although Thousand Oaks is in Ventura County, it falls within the Los Angeles-Long Beach-Anaheim Metropolitan Statistical Area (MSA) for AB 1482 CPI purposes. The Bureau of Labor Statistics CPI-W for this MSA is approximately 3.3% for the relevant 12-month period, yielding 8.3% (5% + 3.3%). Rent may be increased no more than once every 12 months per tenant. Notice requirements: 30 days for increases under 10%; 90 days for 10% or more (cumulative over the prior 12 months).

What are California SB 267 security deposit rules for Thousand Oaks landlords?

SB 267, effective January 1, 2025, amended Civil Code §1950.5 to cap residential security deposits at one month's rent for all new rental agreements. This applies to all Thousand Oaks landlords regardless of portfolio size. Pet deposits count toward the one-month ceiling — landlords cannot charge a separate pet deposit on top of the security deposit maximum. The total of all deposits labeled any way cannot exceed one month's rent. The deposit must be returned within 21 calendar days of the tenant surrendering possession, with an itemized written statement of deductions and supporting documentation. Wrongful retention of any portion exposes the landlord to a penalty of 2× the wrongfully withheld amount plus attorney fees under Civil Code §1950.5(l). For a Thousand Oaks two-bedroom renting at $2,800/month, the maximum deposit is $2,800, and wrongful retention could cost up to $5,600 in penalties plus attorney fees.

How does eviction work in Thousand Oaks CA (Ventura County Superior Court)?

Thousand Oaks unlawful detainer (eviction) cases are filed at the Ventura County Superior Court. Most Conejo Valley UD cases go to the East County Division at 3855-L Alamo St, Simi Valley CA 93065 (which serves eastern Ventura County including Thousand Oaks, Newbury Park, and Westlake Village), or alternatively at the main courthouse at 800 S. Victoria Ave, Ventura CA 93003. For non-payment of rent, the landlord serves a 3-Day Notice to Pay Rent or Quit (CCP §1161(2)) stating the exact amount owed. The tenant must pay or vacate within 3 calendar days. After 12 months of continuous occupancy in an AB 1482-covered building, any termination notice must state a qualifying just-cause ground. No-fault terminations require 1 month's current rent in relocation assistance tendered simultaneously with the notice. After proper notice and non-compliance, the landlord files an unlawful detainer at the appropriate Ventura County Superior Court location. Tenants have 5 business days to respond. Uncontested cases typically resolve in 3–5 weeks from filing to Ventura County Sheriff lockout.

What major employers drive rental demand in Thousand Oaks CA?

Amgen Inc. (One Amgen Center Dr, Thousand Oaks CA 91320) is the dominant employer: the world's largest independent biopharmaceutical company maintains its global headquarters in Thousand Oaks and employs approximately 5,000–6,000 people at the campus, with global roles in research, manufacturing, regulatory affairs, and corporate functions. Bioscientists and engineers earn $90,000–$220,000+, making Amgen households the premium tier of the Thousand Oaks rental market. Los Robles Regional Medical Center (HCA Healthcare; 215 W. Janss Rd; ~350 beds; ~2,500 employees) is the second-largest employer. Conejo Valley Unified School District (CVUSD; ~22,000 students; ~2,400 employees) provides stable mid-income teaching and classified employment. California Lutheran University (60 W. Olsen Rd; ~4,000 students; ~500 faculty and staff) adds both student-adjacent and professional rental demand. Countrywide Financial (now Bank of America; large Thousand Oaks campus with Bank of America Home Loans operations) employs several hundred financial services workers. Thousand Oaks City Hall employs approximately 500–700 city workers. The Ventura County Sheriff's Office maintains a Thousand Oaks station. Many residents also commute to the San Fernando Valley via the 101 Freeway.

Which Thousand Oaks properties are exempt from AB 1482?

AB 1482 exemptions in Thousand Oaks follow statewide rules. Buildings with a certificate of occupancy (CO) issued in 2010 or later are exempt from the rent cap for 15 years from the CO date. Single-family homes and condominiums are exempt from the rent cap provision (Civil Code §1947.12) but may still be subject to the AB 1482 just-cause eviction provision (Civil Code §1946.2) unless the landlord has served the required written exemption notice in the lease: 'This property is not subject to the local rent control ordinance of [city/county] and is exempt from the just cause requirements of California Civil Code section 1946.2.' Without that notice, a tenant with 12+ months of occupancy in an SFH or condo gains just-cause eviction protection even though the rent cap does not apply. Owner-occupied buildings of two or fewer units where the owner resides in one unit, dormitories, and nonprofit regulatory-agreement housing are also exempt.

What are 2026 rent levels in Thousand Oaks CA by neighborhood?

Thousand Oaks 2026 rental prices by submarket: Newbury Park (eastern Thousand Oaks near the 101/Wendy Dr interchange): 1BR $2,000–$2,600; 2BR $2,500–$3,300; older apartment stock, mostly AB 1482-covered; strong demand from Amgen commuters. Thousand Oaks Blvd / Janss Rd corridor (central, near Los Robles Hospital): 1BR $2,100–$2,700; 2BR $2,600–$3,400; mix of 1970s–1990s apartments and newer condos. Westlake Village / North Ranch area (western Thousand Oaks near the 101/Lindero Canyon interchange): SFH 3BR $3,200–$4,800; premium master-planned communities; Westlake Lake frontage; higher income households. Lynn Ranch / Conejo Grade area (northwestern Thousand Oaks): SFH 3BR $3,000–$4,500; large lots; horse properties; semi-rural character. Near Cal Lutheran University (Olsen Rd area): 1BR $2,000–$2,500; student-proximate apartments; younger tenant mix. Citywide averages: 1BR $2,000–$2,700; 2BR $2,500–$3,500; SFH 3BR $3,000–$4,800.

Thousand Oaks CA Rent Increase 2026

Q: Does Thousand Oaks CA have rent control in 2026?

No. Thousand Oaks has no local rent control ordinance. The Thousand Oaks City Council has never enacted any rent stabilization program, rent registry, maximum allowable increase schedule, or local rent board. Landlords in Thousand Oaks are governed solely by California's statewide AB 1482 (Civil Code §§1946.2 and 1947.12) for covered buildings — those with a certificate of occupancy issued in 2009 or earlier — and by standard California landlord-tenant law for all others. There is no Thousand Oaks rent board, no local registration requirement, and no locally mandated notice form beyond what state law requires.

AB 1482 caps covered Thousand Oaks buildings at ~8.3% (5% + LA-Long Beach-Anaheim CPI-W ~3.3%). Thousand Oaks has NO local rent control. SB 267 caps security deposits at 1 month’s rent. Eviction at Ventura County Superior Court (East County Division or main Ventura courthouse).

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2026 Thousand Oaks CA Rent Increase — Quick Facts

Local rent control	NONE — Thousand Oaks City Council has never enacted rent stabilization
Governing state law	AB 1482 — Civil Code §§1946.2 & 1947.12 (Tenant Protection Act of 2019)
2026 AB 1482 cap	~8.3% — formula: 5% + 3.3% (LA-Long Beach-Anaheim CPI-W)
CPI region	Los Angeles-Long Beach-Anaheim MSA (BLS CPI-W)
Covered buildings	Certificate of occupancy issued 2009 or earlier (15-year rolling threshold)
Notice required	30 days (increases <10%); 90 days (increases ≥10% cumulative over 12 months)
Security deposit cap	1 month’s rent (SB 267, eff. January 1, 2025; Civil Code §1950.5)
Deposit return deadline	21 calendar days after surrender + itemized statement with documentation
Eviction court	Ventura County Superior Court — East County Division (3855-L Alamo St, Simi Valley) or main courthouse (800 S. Victoria Ave, Ventura)
Typical 2026 rents	1BR: $2,000–$2,700 \| 2BR: $2,500–$3,500 \| SFH 3BR: $3,000–$4,800

AB 1482 and Thousand Oaks: No Local Rent Control, Statewide Cap Only

Thousand Oaks is consistently ranked one of the safest and most desirable cities in California, anchored by Amgen’s global biotech headquarters and a high-income professional rental market. Landlords here sometimes ask whether this desirability has prompted local rent control measures. The answer is clear: Thousand Oaks has no local rent control ordinance. The City of Thousand Oaks has never enacted rent stabilization, a local rent board, or a mandatory rent registry.

The only rent regulation landlords face is California’s statewide AB 1482 (Tenant Protection Act of 2019, Civil Code §§1946.2 and 1947.12). AB 1482 imposes an annual rent increase cap and just-cause eviction requirements on qualifying buildings, but it does not require city registration, annual fees, or a local rent board process. Compliance is a matter of calculating the correct cap, providing proper written notice, and (where applicable) following the just-cause eviction rules.

The 2026 Thousand Oaks AB 1482 Cap: ~8.3%

The AB 1482 formula is: 5% + regional CPI-W, capped at 10% total.

Thousand Oaks falls within the Los Angeles-Long Beach-Anaheim MSA for AB 1482 CPI purposes, despite being located in Ventura County. The BLS CPI-W for this MSA is approximately 3.3% for the relevant 12-month period, giving a 2026 cap of 8.3%.

        5.0% (fixed) + 3.3% (LA-LB-Anaheim CPI-W) = 8.3% maximum increase
      

Worked Examples: 8.3% on Thousand Oaks Rents

Current Monthly Rent	8.3% Max Increase ($)	New Maximum Rent
$2,000 / month	$166.00	$2,166.00
$2,400 / month	$199.20	$2,599.20
$2,700 / month	$224.10	$2,924.10
$3,000 / month	$249.00	$3,249.00
$3,500 / month	$290.50	$3,790.50
$4,000 / month	$332.00	$4,332.00

The 8.3% cap is a maximum, not a required increase. Landlords may increase by less or not at all. Any increase above 8.3% in a covered building violates Civil Code §1947.12 and exposes the landlord to civil liability for disgorgement, statutory penalties, and attorney fees.

Notice Requirements

Under 10%: 30 days’ advance written notice required (Civil Code §827).
10% or more cumulative over prior 12 months: 90 days’ advance written notice required.
Rent may be increased only once per 12-month period per tenant (Civil Code §1947.12(a)).

AB 1482 Coverage in Thousand Oaks

AB 1482 covers buildings with certificates of occupancy issued 15 or more years before the date of the rent increase. In 2026, that means buildings with COs from 2009 or earlier are clearly covered; buildings from 2010–2011 require verification of the exact CO date.

Thousand Oaks developed primarily in the 1960s–1990s, with substantial tract housing and apartment construction during the post-war suburban expansion wave. A significant portion of Thousand Oaks’ apartment inventory — particularly in Newbury Park, along Thousand Oaks Blvd, and near the Janss Rd corridor — has COs dating from the 1970s and 1980s, well within AB 1482 coverage. Newer developments in Westlake Village and near the 101 Freeway corridor may have COs after 2009 and therefore be temporarily exempt.

Exempt Unit Types in Thousand Oaks

New construction (CO 2010 or later) — exempt from rent cap for 15 years.
Single-family homes and condos — exempt from the rent cap (Civil Code §1947.12) but potentially subject to just-cause eviction (Civil Code §1946.2) unless the landlord has served the required written exemption notice. Many Thousand Oaks SFH landlords overlook this — without the notice, an Amgen employee tenant with 12+ months of occupancy gains just-cause protection.
Owner-occupied buildings of two or fewer units where the owner resides in one unit.
Hotel, motel, dormitory, and nonprofit regulatory-agreement housing.

Just-Cause Eviction (Civil Code §1946.2)

AB 1482 just-cause protections activate in covered buildings after a tenant has completed 12 months of continuous occupancy. After that threshold, any termination notice must state a qualifying just-cause reason.

At-Fault Just Causes:

Non-payment of rent after a proper 3-Day Notice to Pay Rent or Quit
Material lease breach after notice and opportunity to cure
Material nuisance, damage, or unlawful use of the premises
Criminal activity on or near the premises
Failure to sign a renewal lease offered at or below the Civil Code §1947.12 legal maximum rent
Unauthorized subletting or assignment
Repeated lawful-entry refusals after proper CCP §1954 notice

No-Fault Just Causes (relocation assistance required):

Owner or qualifying family member move-in (OMI) — 90-day move-in, 12-month primary residence minimum, 18-month no-repeat, right-of-return if re-let within 12 months
Withdrawal from the rental market (Ellis Act)
Government order requiring unit vacatur
Substantial remodel requiring building permits for structural/plumbing/electrical/mechanical work (cosmetic work and paint never qualify; SB 567 requires the permit be obtained before serving the notice)

No-Fault Relocation Assistance

For no-fault terminations in AB 1482-covered buildings, the landlord must provide one month’s current rent in relocation assistance, tendered simultaneously with the termination notice. This obligation cannot be deferred. For a Thousand Oaks 2BR renting at $3,000/month, the landlord must tender a $3,000 relocation payment at the same moment the notice is served.

SB 267 Security Deposit Law: 1-Month Cap for All Thousand Oaks Landlords

California SB 267 (effective January 1, 2025, amending Civil Code §1950.5) capped all California residential security deposits at one month’s rent for any rental agreement entered on or after January 1, 2025. This is a universal rule — it applies to every Thousand Oaks landlord regardless of the number of units owned.

SB 267 Key Rules

One-month cap: All deposits — security, pet, cleaning, key, or any other label — combined cannot exceed one month’s rent.
Pet deposits included: A $3,000/month unit cannot have a $3,000 security deposit plus a $500 pet deposit. The total is capped at $3,000.
Return deadline: 21 calendar days after the tenant surrenders possession, with an itemized statement and copies of all supporting invoices/receipts (AB 2801, effective January 1, 2025, added the receipt requirement).
Wrongful withholding: 2× the amount wrongfully withheld plus reasonable attorney fees (Civil Code §1950.5(l)).
Normal wear and tear: Never a valid deduction. Carpet aging, wall paint, and normal appliance wear cannot be charged to the tenant.

Thousand Oaks landlords renting to Amgen employees at $3,000–$4,000/month should note that the one-month cap is absolute. A landlord who collected two months’ deposit under pre-2025 law and is renewing a lease on or after January 1, 2025 must restructure the deposit to comply with SB 267.

Eviction in Thousand Oaks: Ventura County Superior Court

Thousand Oaks unlawful detainer (UD) cases are handled by the Ventura County Superior Court. The East County Division (3855-L Alamo St, Simi Valley CA 93065) serves eastern Ventura County including Thousand Oaks, Newbury Park, Simi Valley, and Moorpark — most Conejo Valley UD matters go here. The main courthouse (800 S. Victoria Ave, Ventura CA 93003) also handles UD filings for any Ventura County address.

Thousand Oaks Eviction Timeline

Serve the correct notice. For non-payment: 3-Day Notice to Pay Rent or Quit (CCP §1161(2)). For lease violations: 3-Day Notice to Perform Covenant or Quit. For no-fault terminations in covered buildings (AB 1482; 12+ months occupancy): proper just-cause notice with simultaneous relocation payment.
Wait the notice period and serve properly (personal service, substituted service, or post-and-mail per CCP §1162). The 3-day period begins the day after service.
File unlawful detainer at Ventura County Superior Court, East County Division or main courthouse. Filing fee varies by claim amount: approximately $240–$435.
Serve the summons. Tenant has 5 business days to respond. If no response, request default judgment.
Trial (if contested): scheduled within approximately 20 days of trial request.
Writ of Possession issued after judgment. Ventura County Sheriff executes — typically within 5–10 business days. Total timeline (uncontested): approximately 3–5 weeks from filing.

AB 1482 Defense in UD Actions

Tenants in AB 1482-covered buildings who have lived there 12+ months can raise the absence of a qualifying just-cause ground as a defense in any UD action. Courts regularly dismiss UDs that lack a properly stated just-cause ground in covered buildings. Thousand Oaks landlords should verify AB 1482 coverage status and just-cause compliance before filing.

Thousand Oaks CA Rental Market 2026: Amgen, Conejo Valley UVSD, and Neighborhood Prices

Amgen Inc.: The Engine of Thousand Oaks Rental Demand

Amgen Inc. (One Amgen Center Dr, Thousand Oaks CA 91320) is the dominant employer in the Conejo Valley and the primary demand driver for Thousand Oaks’s premium rental market. Amgen is the world’s largest independent biopharmaceutical company, with products including Enbrel (rheumatoid arthritis), Aranesp (anemia), Neulasta (chemotherapy support), Repatha (cardiovascular), and Lumakras (lung cancer). The Thousand Oaks campus is Amgen’s global headquarters, where the company was founded in 1980.

The campus employs approximately 5,000–6,000 people in research science, clinical development, regulatory affairs, manufacturing, corporate finance, IT, and legal functions. Compensation is industry-leading:

Scientists and engineers (PhD/MS level): $110,000–$220,000+ base, plus equity and bonus
Senior clinical development staff: $150,000–$280,000
Manufacturing and process engineers: $85,000–$150,000
Administrative and support staff: $55,000–$95,000

Amgen households are the highest-quality tenant segment in the Thousand Oaks rental market. Scientists and engineers relocating from Boston (Amgen’s second campus in Cambridge, MA), New Jersey, or international sites look for 2BR and 3BR apartments or SFH rentals in the $2,700–$4,500 range. High-income Amgen households have low eviction risk, consistent on-time payment histories, and long tenancies driven by career stability at the company.

Los Robles Regional Medical Center (HCA Healthcare)

Los Robles Regional Medical Center (215 W. Janss Rd, Thousand Oaks CA 91360) is a 350-bed acute-care hospital operated by HCA Healthcare employing approximately 2,500 people including physicians, RNs, LVNs, allied health professionals, and administrative staff. RN salaries in the Conejo Valley range from $90,000 to $165,000+ depending on specialty, experience, and shift differentials. The hospital is within walking distance of several apartment complexes along the Thousand Oaks Blvd / Janss Rd corridor, making it a primary driver of rental demand in central Thousand Oaks.

Conejo Valley Unified School District (CVUSD)

CVUSD serves approximately 22,000 students across 29 elementary, 6 middle, and 4 comprehensive high schools. It is consistently ranked one of the top unified school districts in Ventura County, with several schools receiving California Distinguished School designations. The district employs approximately 2,400 people: teachers, classified staff, counselors, and administrative personnel. Teacher salaries range from approximately $62,000 (entry-level) to $125,000+ (experienced with advanced degrees and longevity). CVUSD employment creates stable mid-income rental demand throughout Thousand Oaks.

California Lutheran University

California Lutheran University (60 W. Olsen Rd, Thousand Oaks CA 91360) is a private liberal arts university with approximately 4,000 students and 500 faculty and staff. CLU drives both student-proximate rental demand (graduate students and faculty near the Olsen Rd campus) and contributes to the city’s civic and professional employment base. Faculty salaries range from approximately $70,000 (assistant professor) to $130,000+ (full professor in professional programs). Graduate students — particularly MBA and JD candidates in CLU’s Oxnard center and Thousand Oaks campus — form a reliable tenant pool for studios and 1BR apartments in the $1,800–$2,500 range.

Bank of America Home Loans (Countrywide Legacy Campus)

Thousand Oaks hosts a significant Bank of America Home Loans (formerly Countrywide Financial) operations campus with several hundred financial services workers in mortgage processing, compliance, and technology. While the campus is smaller than it was at Countrywide’s peak, it remains a steady mid-income employment anchor contributing to rental demand along the US-101 corridor near Agoura Hills Rd.

Neighborhood Rent Guide for Thousand Oaks 2026

Neighborhood / Area	Typical Rents	Character
Newbury Park (eastern Thousand Oaks; 101/Wendy Dr)	1BR: $2,000–$2,600 2BR: $2,500–$3,300	High apartment density; 1970s–1990s stock mostly AB 1482-covered; closest submarket to Amgen campus
Central TO / Janss Rd Corridor (near Los Robles Hospital)	1BR: $2,100–$2,700 2BR: $2,600–$3,400	Mix of 1970s–1990s apartments and newer condos; hospital worker rental hub; most AB 1482-covered
Westlake Village / North Ranch (western TO near 101/Lindero Canyon)	SFH 3BR: $3,200–$4,800 SFH 4BR: $4,000–$6,500	Premium master-planned; Westlake Lake; gated North Ranch; executive rental market; significant SFH inventory
Lynn Ranch (northwestern Thousand Oaks)	SFH 3BR: $3,000–$4,500	Equestrian and large-lot semi-rural submarket; long-term homeowner-turned-renter inventory; premium SFH
Near Cal Lutheran / Olsen Rd	1BR: $2,000–$2,500 2BR: $2,500–$3,100	Student-proximate; young professional mix; walkable to CLU; 1980s–2000s apartments
Along US-101 Corridor (Agoura Hills Rd to Moorpark interchange)	1BR: $2,000–$2,600 2BR: $2,500–$3,200	Corporate-adjacent; Bank of America campus proximity; commuter-oriented apartments; mixed AB 1482 coverage

Thousand Oaks CA Rent Increase FAQ 2026

Does Thousand Oaks have rent control?

No. Thousand Oaks has no local rent control ordinance. Landlords are governed only by California’s statewide AB 1482 (Civil Code §§1946.2 and 1947.12) for covered buildings (CO 2009 or earlier).

What is the 2026 rent increase cap for Thousand Oaks?

~8.3% under AB 1482 (5% + LA-Long Beach-Anaheim CPI-W ~3.3%). Applies to buildings with COs issued 2009 or earlier. Increases limited to once per 12 months per tenant.

What are the SB 267 deposit rules for Thousand Oaks?

One month’s rent maximum for all deposits (SB 267, effective January 1, 2025). Pet deposits count toward this cap. Return within 21 days with itemized statement. Wrongful withholding: 2× penalty plus attorney fees.

Where do Thousand Oaks evictions get filed?

Ventura County Superior Court — East County Division (3855-L Alamo St, Simi Valley CA 93065) or main courthouse (800 S. Victoria Ave, Ventura). Uncontested cases: approximately 3–5 weeks from filing to lockout.

How does AB 1482 just-cause apply in Thousand Oaks?

For buildings with COs from 2009 or earlier, once a tenant has completed 12 months of continuous occupancy, any termination requires a qualifying just-cause reason (Civil Code §1946.2). No-fault terminations require one month’s current rent in relocation assistance tendered simultaneously with the notice.

What major employers drive Thousand Oaks rental demand?

Amgen Inc. (~5,000–6,000 employees; global biotech HQ; $90K–$220K+ compensation), Los Robles Regional Medical Center (~2,500 employees; HCA), Conejo Valley Unified School District (~2,400 employees), California Lutheran University (~500 faculty/staff plus 4,000 students), Bank of America Home Loans operations campus, and significant 101 Freeway commuter demand into the San Fernando Valley.

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