Unlocking $10 Billion of Value in the City of Los Angeles
10x cheaper than putting tenants in hotels
Serving 40,000 property owners and real estate investors in LA
Ending the housing crisis by making 100,000 units availible without any new builds.
SwingUnit is a marketplace for Landlords and Property Managers to exchange open inventory
Dont have a vacant unit? and don't want to pay +$20k for your tenant to stay in a hotel while you complete repairs?
Get a Tempoartly Relocation Unit at Fair Market Rents. LAHD, RSO, and THP Compliant.
Benefits:
- Tempoary Revocable license. Not leases. A license clearly states no tenancy created, no RSO protections apply, and revocable at will.
- No tenancy implied or assumed. The tenant does not gain tenancy rights at the temporary property, because their contract and rent obligations remain tied to the original landlord and unit.
- Minimized landlord risk exposure.
- Relocation is paid for by the original landlord and documented in the THP, the tenant does not contract with the new property.
- Unit is provided as "comparable housing" under the THP plan
Swing Unit Savings Calculator
Hotels are expensive
150–250/night → $9k–$20k per tenant.
Vacancy burns cash
Turn idle units into short‑term revenue.
Compliance is complex
RSO/THP: we standardize docs and workflow.
Tenant Relocation Rules:
No Mail Delivery
Mail is delivered to old unit.
No Utilities in Tenants Name
Landlord is responsible for paying for utilities.
No Rent or Rent-Like Payment
Landlord pays the license amount to the new landlord.
How the solution works
- 1
Tell us project + dates
- 2
Get matched with comparable units
- 3
Generate THP pack + license (not a lease)
- 4
Move, finish work, return
Up to 60% cost savings vs hotels
Tenants prefer apartments over motels
Standardized THP paperwork
Revocable license, escrow, insurance add‑on
Temporary, non‑tenancy; THP doc pack included; landlord‑to‑landlord payments.
Who should use Swing Unit?
- Landlords and Property Managers Needing To temporarily Relocate Tenants (Demand)
- Landlord, Property Manager, and Investors who want to maximize highest and best use of units that historically been kept vacant. (Supply)
Portfolio size:
- Small landlords: 4–20 units → need cost relief.
- Mid-size PMs: 50–200 units → repeatable demand.
- Institutional owners: 200+ units → systematic THP compliance needs.
DEMAND SIDE
Who they are:
- Owners of multifamily buildings in Los Angeles subject to rent control AB 1482, RSO (Rent Stabilization Ordinance).
- Property managers overseeing portfolios of pre-1978 stock needing upgrades (plumbing, seismic, asbestos, rewiring, roof replacement).
- The majority of real estate investors in LA have only 14 units, most don't have a vacancy in their portfolio and they want another option beside a hotel.
Pain points:
- LAHD THP requires them to provide comparable housing during renovations.
- Hotels/corporate housing are expensive +$20k per tenant.
- Tenant relations suffer when relocations feel disruptive or low-quality.
- Compliance risk: sloppy THPs can cause delays or legal issues.
The Solution
- Marketplace offers cost-effective, compliant swing units that meet LAHD THP rules.
- Standardized revocable license agreements prevent new tenancies.
- Built-in documentation automates the process of THP filings with LAHD.
SUPPLY SIDE
Landlords & Property Managers with Vacant Units
Who they are:
- Owners/managers holding intentional vacancies because:
- Buildings appraise higher vacant than occupied at below-market rents.
- Prepping for redevelopment, sale, or condo conversion.
- Owners of small/mid multifamily portfolios where vacancy carry costs cut NOI.
Pain points:
- Vacant units generate $0 revenue, while property tax, insurance, and utilities continue.
- Fear of accidentally creating protected tenancies if leased temporarily.
- Short term rental laws for Airbnb and too restictive and there are no way to screen tenants on airbnb
Why they care:
- Marketplace lets them monetize vacancy through short-term license-only agreements.
- No tenant protections attach → units revert to vacant status after use.
- Provides 3–6 months of cash flow during downtime, without altering long-term plans.
Value Drivers
| Segment | Value Proposition |
|---|---|
| Landlords needing relocation | Save $20,000 vs hotels • Improve tenant satisfaction • Reduce compliance risk • THP docs included |
| Landlords with vacancy | Highest and Best Use for intentionally vacant units • Offset hold costs • Preserve future strategy (no tenancy) • License structure protects RSO position |
The Swing Unit Marketplace serves a two-sided landlord ecosystem:
- Demand: RSO landlords required to relocate tenants under THP who need affordable, compliant swing housing.
- Supply: Landlords with intentional vacancy who want short-term cash flow without triggering RSO tenancy protections.
Start a compliant relocation
Revocable license • THP-ready docs • Escrow • Insurance add‑on