Multi-unit properties (2 units and up) in the City of Los Angeles, built before October 1978, are covered by the City of Los Angeles Rent Stabilization Ordinance.
Here are links to information you need to know when buying a property covered by the RSO:
Entire City of Los Angeles Landlord-Tenant Handbook
Evicting a tenant for occupancy by property owner
August 2009 UPDATE; Changes for "Mom-and-Pop" Units
The Declaration of Intent form must be filed with the City of Los Angeles, approved by the City, AND returned to the property owner BEFORE the 60 Day Notice of Termination can be served upon the tenant.
Impact of foreclosure in a property covered by L A City Rent Control
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