505 MANHATTAN BEACH BLVD.
Manhattan Bch, CA 90266 · APN 4170-019-034
UNITS
12
BUILDING SF
18,504
SF / UNIT
1,542
YEAR BUILT
1989
BEDROOMS
24
BATHROOMS
36
USE · CODE 0500
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.
RENT CONTROL STATUS NOT DETERMINED
The roll's city name for this parcel does not match a jurisdiction we recognise, 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.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 26, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON MANHATTAN BEACH BLVD · ZIP 90266
SIMILAR SIZE AND ERA IN 90266
The short answers.
Is 505 Manhattan Beach Blvd rent controlled?
The roll's city name for this parcel does not match a jurisdiction we recognise, 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 505 Manhattan Beach Blvd have?
County records list 12 units at 505 Manhattan Beach Blvd, classified as 5+ units across 18,504 square feet of building area, averaging about 1,542 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 505 Manhattan Beach Blvd built?
The assessor roll gives a build year of 1989, 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 505 Manhattan Beach Blvd last change hands?
The most recent transfer on the roll was recorded October 2011. 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 505 Manhattan Beach Blvd assessed at, and is that what it is worth?
The current assessed value is $6,919,443 ($3,691,753 land, $3,227,690 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 14 years.
How do I find out what 505 Manhattan Beach Blvd 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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