11115 MCCORMICK ST.
Los Angeles, CA 91601 · APN 2350-018-094
UNITS
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BUILDING SF
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SF / UNIT
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YEAR BUILT
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BEDROOMS
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BATHROOMS
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USE · CODE 0501
5+ UNITS
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
RENT CONTROL STATUS NOT DETERMINED
These records carry no unit count and no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 27, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON MCCORMICK ST · ZIP 91601
SIMILAR SIZE AND ERA IN 91601
This building sits in North Hollywood.
ESTIMATED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 11115 Mccormick St rent controlled?
These records carry no unit count and no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD. Confirm the address with the LA Housing Department or in ZIMAS before you rely on any assumption for pricing or notices.
When did 11115 Mccormick St last sell, and for how much?
The last recorded transfer was April 2021, at an estimated $7,339,999. 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 11115 Mccormick St assessed at, and is that what it is worth?
The current assessed value is $7,945,051 ($3,182,350 land, $4,762,701 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.
What is the North Hollywood apartment market doing?
11115 Mccormick St sits in North Hollywood, in Los Angeles. Sale counts, median price per unit and median price per square foot for the submarket are estimated from county assessor reassessments at sale, not verified closing prices, and are published with the share of rent-control-era stock on the North Hollywood market page. See that page for the figures rather than a number quoted here.
How do I find out what 11115 Mccormick 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.
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.
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