S.LOWENSTEIN
CALLVALUATION_
BUILDINGS/14430 BENEFIT ST
/// BUILDING FILE · ROLL 2025

14430 BENEFIT ST.

Los Angeles, CA 91423 · APN 2266-007-045

/// 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

26

BUILDING SF

30,540

SF / UNIT

1,175

YEAR BUILT

1987

BEDROOMS

50

BATHROOMS

45

USE · CODE 0501

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$5,744,168
IMPROVEMENTS$2,473,593
TOTAL$8,217,761
LAND BASE YEAR2010
OWNERSHIP TENUREAPPROX. 16 YEARS

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

/// LAST TRANSFER
RECORDEDNOV 25, 2009

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 UNDER AB 1482 STATE CAP

Built 1987, 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 PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 91423

Recent sales nearby.

4450 FULTON AVE→DEC 2024EST.$2,225,000UNITS84514 FULTON AVE→DEC 2024EST.$2,225,000UNITS814461 DICKENS ST→NOV 2024EST.$1,200,000UNITS54447 MATILIJA AVE→NOV 2024EST.$1,590,500UNITS24556 HAZELTINE AVE→SEP 2024EST.$1,635,000UNITS64345 MATILIJA AVE→AUG 2024EST.$2,475,000UNITS84503 FULTON AVE→AUG 2024EST.$2,035,500UNITS84916 HAZELTINE AVE→AUG 2024EST.$2,400,000UNITS8

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

/// COMPARE

Buildings like this one.

ON BENEFIT ST · ZIP 91423

14406 BENEFIT ST→7 UNITS · BUILT 1964 · 5+ UNITS14429 BENEFIT ST→3 UNITS · BUILT 1948 · TRIPLEX14437 BENEFIT ST→8 UNITS · BUILT 1964 · 5+ UNITS14444 BENEFIT ST→7 UNITS · BUILT 1963 · 5+ UNITS14448 BENEFIT ST→7 UNITS · BUILT 1987 · 5+ UNITS14451 BENEFIT ST→4 UNITS · BUILT 1964 · FOURPLEX

SIMILAR SIZE AND ERA IN 91423

12954 RIVERSIDE DR→18 UNITS · BUILT 1986 · 18,240 SF13002 RIVERSIDE DR→40 UNITS · BUILT 1987 · 41,561 SF13119 MOORPARK ST→20 UNITS · BUILT 1987 · 23,906 SF13131 MOORPARK ST→41 UNITS · BUILT 1978 · 62,076 SF13138 MOORPARK ST→24 UNITS · BUILT 1974 · 29,074 SF13141 RIVERSIDE DR→28 UNITS · BUILT 1985 · 38,772 SF
EVERY BUILDING IN 91423 →
/// COMMON QUESTIONS · 14430 BENEFIT ST

The short answers.

Is 14430 Benefit St rent controlled?

Built 1987, 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 14430 Benefit St have?

County records list 26 units at 14430 Benefit St, classified as 5+ units across 30,540 square feet of building area, averaging about 1,175 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 14430 Benefit St built?

The assessor roll gives a build year of 1987, 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 14430 Benefit St last change hands?

The most recent transfer on the roll was recorded November 2009. 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 14430 Benefit St assessed at, and is that what it is worth?

The current assessed value is $8,217,761 ($5,744,168 land, $2,473,593 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, and this one has held its base year for roughly 16 years.

Would the owner of 14430 Benefit St face a big tax bill on a sale?

Possibly. A base year going back roughly 16 years usually means a low tax basis, and a low basis means a large taxable gain on a straight sale: capital gains plus depreciation recapture, with California taxing gains at ordinary income rates. It is also why long-held buildings so often sell through a 1031 exchange instead, or pass through an estate for the step-up in basis.

How do I find out what 14430 Benefit 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
AB 1482 VS RSO →MEASURE ULA TRANSFER TAX →READING A RENT ROLL →TOC TIERS →
/// 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.

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