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© 2026 SHAYA LOWENSTEIN · LYON STAHL INVESTMENT REAL ESTATE830 S PACIFIC COAST HWY, SUITE D-200, EL SEGUNDO, CA 90245SHAYA@LYONSTAHL.COM · DRE #01942326
BUILDINGS/1029 W 161ST ST
/// BUILDING FILE · ROLL 2025

1029 W 161ST ST.

Gardena, CA 90247 · APN 6113-027-019

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

6

BUILDING SF

6,086

SF / UNIT

1,014

YEAR BUILT

1986

BEDROOMS

12

BATHROOMS

6

USE · CODE 0500

5+ UNITS

/// ASSESSED VALUE
LAND$1,455,976
IMPROVEMENTS$1,191,736
TOTAL$2,647,712
LAND BASE YEAR2022
OWNERSHIP TENUREAPPROX. 4 YEARS

PROP 13 ASSESSED VALUES — USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDJAN 28, 2022
EST. PRICE (2022)$2,494,998
EST. $/UNIT$415,833

PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE — NOT A VERIFIED CLOSING PRICE.

/// RENT CONTROL

LIKELY UNDER AB 1482 STATE CAP (5% + CPI, MAX 10%)

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year.

AB 1482 VS RSO →INFERRED FROM PUBLIC RECORDS — VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90247

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
1130 MARINE AVE→DEC 2024EST.$10,550,000$239,773UNITS441731 W 144TH ST→DEC 2024EST.$1,170,000$292,500UNITS416933 S DALTON AVE→DEC 2024EST.$2,074,000$259,250UNITS81638 W 146TH ST→DEC 2024EST.$1,200,365$200,061UNITS61321 W 164TH ST→DEC 2024EST.$647,433$323,717UNITS216008 S MANHATTAN PL, UNIT→DEC 2024EST.$1,251,000$417,000UNITS316812 S DALTON AVE→DEC 2024EST.$1,640,000$410,000UNITS41127 W 164TH ST, # B→DEC 2024EST.$1,557,000$311,400UNITS5

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR) — NOT VERIFIED CLOSING PRICES.

/// COMPARE

Buildings like this one.

ON W 161ST ST · ZIP 90247

1021 W 161ST ST→21 UNITS · BUILT 1972 · 5+ UNITS1043 W 161ST ST→2 UNITS · BUILT 1925 · DUPLEX

SIMILAR SIZE AND ERA IN 90247

1041 MAGNOLIA AVE→5 UNITS · BUILT 1987 · 6,753 SF1100 MAGNOLIA AVE→5 UNITS · BUILT 1984 · 4,905 SF1103 MAGNOLIA AVE→7 UNITS · BUILT 1986 · 7,161 SF1104 W 163RD ST→6 UNITS · BUILT 1972 · 5,351 SF1107 MAGNOLIA AVE→7 UNITS · BUILT 1984 · 6,493 SF1113 MAGNOLIA AVE→5 UNITS · BUILT 1983 · 5,688 SF
EVERY BUILDING IN 90247 →
/// COMMON QUESTIONS · 1029 W 161ST ST

The short answers.

Is 1029 W 161st St rent controlled?

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year. This is an inference from public assessor records, not a determination — confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.

How many units does 1029 W 161st St have?

County records list 6 units at 1029 W 161st St, classified as 5+ units across 6,086 square feet of building area, averaging about 1,014 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 1029 W 161st St built?

The assessor roll gives a build year of 1986, which is after the October 1978 RSO cutoff. Age drives more than character here: it sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.

When did 1029 W 161st St last sell, and for how much?

The last recorded transfer was January 2022, at an estimated $2,494,998 — about $415,833 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.

What is 1029 W 161st St assessed at, and is that what it is worth?

The current assessed value is $2,647,712 ($1,455,976 land, $1,191,736 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.

How do I find out what 1029 W 161st St would sell for today?

Public records give you the frame — units, size, age, assessed value, when it last traded — but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.

/// OWNER READING
WHAT IS MY BUILDING WORTH? →SELLING WITH TENANTS IN PLACE →HOW LA RSO WORKS →

Own this building?

FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS — 48H TURNAROUND.

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