11024 STRATHMORE DR.
Los Angeles, CA 90024 · APN 4363-016-001
UNITS
31
BUILDING SF
45,435
SF / UNIT
1,466
YEAR BUILT
2015
BEDROOMS
82
BATHROOMS
80
USE · CODE 0550
5+ UNITS
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.
PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
LIKELY EXEMPT (NEW CONSTRUCTION)
Built 2015, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON STRATHMORE DR · ZIP 90024
SIMILAR SIZE AND ERA IN 90024
The short answers.
Is 11024 Strathmore Dr rent controlled?
Built 2015, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15. 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 11024 Strathmore Dr have?
County records list 31 units at 11024 Strathmore Dr, classified as 5+ units across 45,435 square feet of building area, averaging about 1,466 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 11024 Strathmore Dr built?
The assessor roll gives a build year of 2015, which is after the 1 October 1978 RSO cutoff. The ordinance turns on the certificate of occupancy rather than the roll's build year, so a building finished either side of that date is worth confirming with LAHD. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
When did 11024 Strathmore Dr last sell, and for how much?
The last recorded transfer was March 2022, at an estimated $34,400,000, about $1,109,677 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 11024 Strathmore Dr assessed at, and is that what it is worth?
The current assessed value is $36,505,555 ($12,097,771 land, $24,407,784 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 11024 Strathmore Dr 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.
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.
NOT SELLING? GET DEALS LIKE THIS FIRST →