18424 COLLINS ST.
Los Angeles, CA 91356 · APN 2157-006-010
18424 Collins St is a 45-unit apartment building in Los Angeles, CA 91356, built in 1964, with 28,680 square feet of building area, according to the Los Angeles County assessor roll (2025). Its assessed value is $1,169,473, which under Proposition 13 is usually well below what it would sell for. The most recent transfer on the roll was recorded July 1998. Rent control: likely RSO, based on building age.
UNITS
45
BUILDING SF
28,680
SF / UNIT
637
YEAR BUILT
1964
BEDROOMS
52
BATHROOMS
51
USE · CODE 0501
5+ UNITS
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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.
LIKELY RSO, BASED ON BUILDING AGE
Built 1964 in the City of Los Angeles with 45 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.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS NOV 21, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON COLLINS ST · ZIP 91356
SIMILAR SIZE AND ERA IN 91356
The short answers.
Is 18424 Collins St rent controlled?
Built 1964 in the City of Los Angeles with 45 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 18424 Collins St have?
County records list 45 units at 18424 Collins St, classified as 5+ units across 28,680 square feet of building area, averaging about 637 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 18424 Collins St built?
The assessor roll gives a build year of 1964, 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 18424 Collins St last change hands?
The most recent transfer on the roll was recorded July 1998. 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 18424 Collins St assessed at, and is that what it is worth?
The current assessed value is $1,169,473 ($252,507 land, $916,966 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 51 years.
Would the owner of 18424 Collins St face a big tax bill on a sale?
Possibly. A base year going back roughly 51 years usually means a long hold and 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. The base year is not proof of when the current owner bought, though: a building inherited from a parent before Proposition 19 took effect in February 2021 could keep the old base year while its tax basis was stepped up at death. Long-held buildings also often sell through a 1031 exchange, or pass through an estate for the step-up in basis.
How do I find out what 18424 Collins 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.
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