BUILDINGS/VENICE/2006 CANAL ST
/// BUILDING FILE · ROLL 2025

2006 CANAL ST.

Los Angeles, CA 90291 · APN 4238-023-017

/// 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

2

BUILDING SF

2,012

SF / UNIT

1,006

YEAR BUILT

1979

BEDROOMS

3

BATHROOMS

3

USE · CODE 0200

DUPLEX

/// OWN THIS BUILDING?

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$1,196,460
IMPROVEMENTS$156,060
TOTAL$1,352,520
LAND BASE YEAR2023

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

/// LAST TRANSFER
RECORDEDFEB 10, 2023
EST. PRICE (2023)$1,300,000
EST. $/UNIT$650,000

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

/// RENT CONTROL

LIKELY UNDER AB 1482 STATE CAP

Built 1979, inside the City of Los Angeles. Construction after 1 October 1978 is outside the RSO, so the statewide cap applies instead: 5% plus regional CPI, never more than 10% in a year.

AB 1482 VS RSO →INFERRED FROM THE ASSESSOR ROLL, NOT AN LAHD DETERMINATION. CONFIRM WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90291

Estimated sales nearby.

SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 30, 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 Venice.

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

/// COMMON QUESTIONS · 2006 CANAL ST

The short answers.

Is 2006 Canal St rent controlled?

Built 1979, inside the City of Los Angeles. Construction after 1 October 1978 is outside the RSO, so the statewide cap applies instead: 5% plus regional CPI, never more than 10% in a year. 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 2006 Canal St have?

County records list 2 units at 2006 Canal St, classified as duplex across 2,012 square feet of building area, averaging about 1,006 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 2006 Canal St built?

The assessor roll gives a build year of 1979, 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 2006 Canal St last sell, and for how much?

The last recorded transfer was February 2023, at an estimated $1,300,000, about $650,000 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 2006 Canal St assessed at, and is that what it is worth?

The current assessed value is $1,352,520 ($1,196,460 land, $156,060 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 Venice apartment market doing?

2006 Canal St sits in Venice, 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 Venice market page. See that page for the figures rather than a number quoted here.

How do I find out what 2006 Canal 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.

/// OWNER READING
/// INTERESTED IN THIS BUILDING?

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