BUILDINGS/11541 N BLUCHER AVENUE
/// BUILDING FILE · ROLL 2025

11541 N BLUCHER AVENUE.

Granada Hills, CA 91344 · APN 2605-002-220

/// 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

52

BUILDING SF

85,301

SF / UNIT

1,640

YEAR BUILT

2010

BEDROOMS

104

BATHROOMS

145

USE · CODE 0503

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.

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/// ASSESSED VALUE
LAND$9,845,895
IMPROVEMENTS$14,768,844
TOTAL$24,614,739
LAND BASE YEAR2021

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

/// LAST TRANSFER
RECORDEDAUG 11, 2020
EST. PRICE (2020)$22,740,214
EST. $/UNIT$437,312

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

/// RENT CONTROL

LIKELY UNDER AB 1482 STATE CAP

Built 2010, inside the City of Los Angeles. Construction after 1 October 1978 is outside the RSO, so the statewide cap applies instead: 5% plus regional CPI, never more than 10% in a year.

AB 1482 VS RSO →INFERRED FROM THE ASSESSOR ROLL, NOT AN LAHD DETERMINATION. CONFIRM WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 91344

Estimated sales nearby.

SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 9, 2024.

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

/// COMPARE

Buildings like this one.

/// COMMON QUESTIONS · 11541 N BLUCHER AVENUE

The short answers.

Is 11541 N Blucher Avenue rent controlled?

Built 2010, inside the City of Los Angeles. Construction after 1 October 1978 is outside the RSO, so the statewide cap applies instead: 5% plus regional CPI, never more than 10% in a 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 11541 N Blucher Avenue have?

County records list 52 units at 11541 N Blucher Avenue, classified as 5+ units across 85,301 square feet of building area, averaging about 1,640 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 11541 N Blucher Avenue built?

The assessor roll gives a build year of 2010, 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 11541 N Blucher Avenue last sell, and for how much?

The last recorded transfer was August 2020, at an estimated $22,740,214, about $437,312 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 11541 N Blucher Avenue assessed at, and is that what it is worth?

The current assessed value is $24,614,739 ($9,845,895 land, $14,768,844 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 11541 N Blucher Avenue 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
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