401 E 6TH ST.
Los Angeles, CA 90014 · APN 5148-013-004
UNITS
94
BUILDING SF
64,260
SF / UNIT
684
YEAR BUILT
2022
BEDROOMS
95
BATHROOMS
94
USE · CODE 0556
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.
LIKELY EXEMPT (NEW CONSTRUCTION)
Built 2022, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15.
Buildings like this one.
ON E 6TH ST · ZIP 90014
SIMILAR SIZE AND ERA IN 90014
The short answers.
Is 401 E 6th St rent controlled?
Built 2022, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15. 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 401 E 6th St have?
County records list 94 units at 401 E 6th St, classified as 5+ units across 64,260 square feet of building area, averaging about 684 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 401 E 6th St built?
The assessor roll gives a build year of 2022, 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 401 E 6th St last sell, and for how much?
The last recorded transfer was August 2021, at an estimated $6,150,000, about $65,426 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 401 E 6th St assessed at, and is that what it is worth?
The current assessed value is $6,526,429 ($6,526,429 land). 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 401 E 6th 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.
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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