4065 URSULA AVE.
Los Angeles, CA 90008 · APN 5028-002-028
UNITS
20
BUILDING SF
23,018
SF / UNIT
1,151
YEAR BUILT
1960
BEDROOMS
38
BATHROOMS
35
USE · CODE 050F
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 RSO, BASED ON BUILDING AGE
Built 1960 in the City of Los Angeles with 20 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 DEC 31, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON URSULA AVE · ZIP 90008
SIMILAR SIZE AND ERA IN 90008
This building sits in Baldwin Hills / Crenshaw.
ESTIMATED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 4065 Ursula Ave rent controlled?
Built 1960 in the City of Los Angeles with 20 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 4065 Ursula Ave have?
County records list 20 units at 4065 Ursula Ave, classified as 5+ units across 23,018 square feet of building area, averaging about 1,151 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 4065 Ursula Ave built?
The assessor roll gives a build year of 1960, 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 4065 Ursula Ave last sell, and for how much?
The last recorded transfer was June 2024, at an estimated $3,462,635, about $173,132 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 4065 Ursula Ave assessed at, and is that what it is worth?
The current assessed value is $3,531,888 ($1,589,349 land, $1,942,539 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 Baldwin Hills / Crenshaw apartment market doing?
4065 Ursula Ave sits in Baldwin Hills / Crenshaw, 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 Baldwin Hills / Crenshaw market page. See that page for the figures rather than a number quoted here.
How do I find out what 4065 Ursula 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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