1627 E 88TH ST.
Los Angeles, CA 90002 · APN 6044-003-031
UNITS
2
BUILDING SF
3,870
SF / UNIT
1,935
YEAR BUILT
2018
BEDROOMS
10
BATHROOMS
8
USE · CODE 0200
DUPLEX
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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.
OUTSIDE LA RSO BY AGE
Built 2018, at an address whose mailing city is Los Angeles. Construction after 1 October 1978 is outside the City of Los Angeles RSO either way. If the parcel is inside the city, the statewide AB 1482 cap applies (5% plus regional CPI, never more than 10% a year, with a rolling 15-year exemption for new construction). The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, whose own ordinance can apply instead, so confirm the jurisdiction with LAHD or ZIMAS.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON E 88TH ST · ZIP 90002
SIMILAR SIZE AND ERA IN 90002
The short answers.
Is 1627 E 88th St rent controlled?
Built 2018, at an address whose mailing city is Los Angeles. Construction after 1 October 1978 is outside the City of Los Angeles RSO either way. If the parcel is inside the city, the statewide AB 1482 cap applies (5% plus regional CPI, never more than 10% a year, with a rolling 15-year exemption for new construction). The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, whose own ordinance can apply instead, so confirm the jurisdiction with LAHD or ZIMAS. 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 1627 E 88th St have?
County records list 2 units at 1627 E 88th St, classified as duplex across 3,870 square feet of building area, averaging about 1,935 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 1627 E 88th St built?
The assessor roll gives a build year of 2018, 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 1627 E 88th St last change hands?
The most recent transfer on the roll was recorded March 2021. 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 1627 E 88th St assessed at, and is that what it is worth?
The current assessed value is $969,381 ($462,938 land, $506,443 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 1627 E 88th 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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