215 LUCAS AVE.
Los Angeles, CA 90026 · APN 5153-029-019
UNITS
16
BUILDING SF
12,134
SF / UNIT
758
YEAR BUILT
-
BEDROOMS
18
BATHROOMS
16
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
These records carry no year built for this parcel, 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 LUCAS AVE · ZIP 90026
SIMILAR SIZE AND ERA IN 90026
This building sits in Echo Park / Silver Lake.
RECORDED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 215 Lucas Ave rent controlled?
These records carry no year built for this parcel, 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 215 Lucas Ave have?
County records list 16 units at 215 Lucas Ave, classified as 5+ units across 12,134 square feet of building area, averaging about 758 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When did 215 Lucas Ave last sell, and for how much?
The last recorded transfer was January 2021, at an estimated $3,287,498, about $205,469 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 215 Lucas Ave assessed at, and is that what it is worth?
The current assessed value is $3,558,494 ($2,854,914 land, $703,580 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 Echo Park / Silver Lake apartment market doing?
215 Lucas Ave sits in Echo Park / Silver Lake, in Los Angeles. Recorded sale counts, median price per unit, median price per square foot, and the share of rent-control-era stock for the submarket are published and updated as the county roll refreshes. See the Echo Park / Silver Lake market page for the current figures rather than a number quoted here.
How do I find out what 215 Lucas Ave 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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