BUILDINGS/KOREATOWN/1751 WESTMORELAND BLVD
/// BUILDING FILE · ROLL 2025

1751 WESTMORELAND BLVD.

Los Angeles, CA 90006 · APN 5074-016-021

/// 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

12

BUILDING SF

9,888

SF / UNIT

824

YEAR BUILT

1923

BEDROOMS

12

BATHROOMS

12

USE · CODE 0500

5+ UNITS

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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$2,228,536
IMPROVEMENTS$371,422
TOTAL$2,599,958
LAND BASE YEAR2022

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

/// LAST TRANSFER
RECORDEDFEB 24, 2022
EST. PRICE (2022)$2,449,998
EST. $/UNIT$204,167

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

/// RENT CONTROL

LIKELY RSO, BASED ON BUILDING AGE

Built 1923 in the City of Los Angeles with 12 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. This is an inference from the assessor roll, not LAHD's determination. Confirm the address with LAHD.

HOW LA RSO WORKS →INFERRED FROM THE ASSESSOR ROLL, NOT AN LAHD DETERMINATION. CONFIRM WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90006

Estimated sales nearby.

SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 31, 2024.

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

/// COMPARE

Buildings like this one.

/// SUBMARKET

This building sits in Koreatown.

ESTIMATED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →

/// COMMON QUESTIONS · 1751 WESTMORELAND BLVD

The short answers.

Is 1751 Westmoreland Blvd rent controlled?

Built 1923 in the City of Los Angeles with 12 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. This is an inference from the assessor roll, not LAHD's determination. Confirm the address with LAHD. 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 1751 Westmoreland Blvd have?

County records list 12 units at 1751 Westmoreland Blvd, classified as 5+ units across 9,888 square feet of building area, averaging about 824 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 1751 Westmoreland Blvd built?

The assessor roll gives a build year of 1923, 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 1751 Westmoreland Blvd last sell, and for how much?

The last recorded transfer was February 2022, at an estimated $2,449,998, about $204,167 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 1751 Westmoreland Blvd assessed at, and is that what it is worth?

The current assessed value is $2,599,958 ($2,228,536 land, $371,422 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 Koreatown apartment market doing?

1751 Westmoreland Blvd sits in Koreatown, 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 Koreatown market page. See that page for the figures rather than a number quoted here.

How do I find out what 1751 Westmoreland Blvd 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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