18118 ELIZABETH LAKE RD.
Lake Hughes, CA 93532 · APN 3242-015-023
UNITS
6
BUILDING SF
1,454
SF / UNIT
242
YEAR BUILT
1947
BEDROOMS
7
BATHROOMS
6
USE · CODE 0500
5+ UNITS
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
RENT CONTROL STATUS NOT DETERMINED
The roll's city name for this parcel does not match a jurisdiction we recognise, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON ELIZABETH LAKE RD · ZIP 93532
The short answers.
Is 18118 Elizabeth Lake Rd rent controlled?
The roll's city name for this parcel does not match a jurisdiction we recognise, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD. Confirm the address with the LA Housing Department or in ZIMAS before you rely on any assumption for pricing or notices.
How many units does 18118 Elizabeth Lake Rd have?
County records list 6 units at 18118 Elizabeth Lake Rd, classified as 5+ units across 1,454 square feet of building area, averaging about 242 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 18118 Elizabeth Lake Rd built?
The assessor roll gives a build year of 1947, 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 18118 Elizabeth Lake Rd last sell, and for how much?
The last recorded transfer was September 2020, at an estimated $304,997, about $50,833 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 18118 Elizabeth Lake Rd assessed at, and is that what it is worth?
The current assessed value is $330,139 ($64,945 land, $265,194 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 18118 Elizabeth Lake Rd 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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