S.LOWENSTEIN
CALLVALUATION_
BUILDINGS/10425 IRENE ST
/// BUILDING FILE · ROLL 2025

10425 IRENE ST.

Los Angeles, CA 90034 · APN 4314-027-025

/// 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

24

BUILDING SF

20,209

SF / UNIT

842

YEAR BUILT

1970

BEDROOMS

31

BATHROOMS

31

USE · CODE 0500

5+ UNITS

/// OWN THIS BUILDING?

Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.

This form saves what you type as you go, so you can come back to it.

/// ASSESSED VALUE
LAND$5,689,144
IMPROVEMENTS$1,137,827
TOTAL$6,826,971
LAND BASE YEAR2018
OWNERSHIP TENUREAPPROX. 8 YEARS

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

/// LAST TRANSFER
RECORDEDAPR 30, 2020

No market sale detected on this parcel since 2021. The last recorded transfer may have been a refinance, trust move, or family transfer that didn't reset the Prop 13 base.

/// RENT CONTROL

LIKELY COVERED BY LA RSO

Built 1970 in the City of Los Angeles with 24 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. Confirm the address with LAHD.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90034

Recent sales nearby.

3747 MENTONE AVE→DEC 2024EST.$1,735,468UNITS93602 KEYSTONE AVE→DEC 2024EST.$1,796,339UNITS105869 DAUPHIN ST→DEC 2024EST.$1,515,750UNITS43647 VINTON AVE→DEC 2024EST.$2,400,000UNITS92612 CHARITON ST→DEC 2024EST.$1,305,000UNITS43765 DELMAS TER→DEC 2024EST.$1,504,467UNITS-3755 JASMINE AVE→DEC 2024EST.$3,504,512UNITS101916 S ROBERTSON BLVD→DEC 2024EST.$3,450,000UNITS10

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

/// COMPARE

Buildings like this one.

ON IRENE ST · ZIP 90034

10405 IRENE ST→18 UNITS · BUILT 1966 · 5+ UNITS10416 IRENE ST→16 UNITS · BUILT 1955 · 5+ UNITS10433 IRENE ST→8 UNITS · BUILT 1955 · 5+ UNITS

SIMILAR SIZE AND ERA IN 90034

10006 PALMS BLVD→22 UNITS · BUILT 1964 · 20,280 SF10026 PALMS BLVD→20 UNITS · BUILT 1957 · 15,316 SF10122 PALMS BLVD→32 UNITS · BUILT 1959 · 33,185 SF10132 PALMS BLVD→21 UNITS · BUILT 1968 · 16,740 SF10144 TABOR ST→27 UNITS · BUILT 1985 · 24,900 SF10206 REGENT ST→14 UNITS · BUILT 1961 · 12,940 SF
EVERY BUILDING IN 90034 →RSO, 5-12 UNITS →SOFT-STORY ORDERS ON FILE →LAND WORTH MORE THAN THE BUILDING →
/// COMMON QUESTIONS · 10425 IRENE ST

The short answers.

Is 10425 Irene St rent controlled?

Built 1970 in the City of Los Angeles with 24 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. Confirm the address with LAHD. 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 10425 Irene St have?

County records list 24 units at 10425 Irene St, classified as 5+ units across 20,209 square feet of building area, averaging about 842 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 10425 Irene St built?

The assessor roll gives a build year of 1970, which puts it in the stock old enough for the LA Rent Stabilization Ordinance to reach it, where the building sits inside City of Los Angeles limits. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.

When did 10425 Irene St last change hands?

The most recent transfer on the roll was recorded April 2020. Not every recorded transfer is a market sale: refinances, trust transfers, and family conveyances all appear in the same field, and those do not reset the assessed value.

What is 10425 Irene St assessed at, and is that what it is worth?

The current assessed value is $6,826,971 ($5,689,144 land, $1,137,827 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 10425 Irene St would sell for today?

Public records give you the frame, units, size, age, assessed value, and 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
SOFT-STORY RETROFIT →LA RSO EXPLAINED →VACANT RSO UNIT PLAYBOOK →READING A RENT ROLL →
/// INTERESTED IN THIS BUILDING?

Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.

This form saves what you type as you go, so you can come back to it.

Own this building?

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

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