14812 ERWIN ST.
Los Angeles, CA 91411 · APN 2241-016-028
UNITS
15
BUILDING SF
10,168
SF / UNIT
678
YEAR BUILT
1978
BEDROOMS
10
BATHROOMS
17
USE · CODE 050V
LAND
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
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.
Vacant / unimproved land.
Rent-control rules apply to occupied residential units, not raw land. What matters here is zoning, density programs like TOC and ED1, and what the dirt can carry.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON ERWIN ST · ZIP 91411
The short answers.
How many units does 14812 Erwin St have?
County records list 15 units at 14812 Erwin St, classified as land across 10,168 square feet of building area, averaging about 678 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 14812 Erwin St built?
The assessor roll gives a build year of 1978, 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 14812 Erwin St last change hands?
The most recent transfer on the roll was recorded February 2008. 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 14812 Erwin St assessed at, and is that what it is worth?
The current assessed value is $1,652,443 ($991,827 land, $660,616 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 18 years.
Would the owner of 14812 Erwin St face a big tax bill on a sale?
Possibly. A base year going back roughly 18 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 14812 Erwin 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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