537 S LORENA ST.
Los Angeles, CA 90063 · APN 5186-008-012
UNITS
5
BUILDING SF
6,364
SF / UNIT
1,273
YEAR BUILT
1907
BEDROOMS
14
BATHROOMS
9
USE · CODE 0500
5+ UNITS
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.
This form saves what you type as you go, so you can come back to it.
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.
LIKELY COVERED BY LA RSO
Built 1907 in the City of Los Angeles with 5 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. 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 S LORENA ST · ZIP 90063
SIMILAR SIZE AND ERA IN 90063
The short answers.
Is 537 S Lorena St rent controlled?
Built 1907 in the City of Los Angeles with 5 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. 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 537 S Lorena St have?
County records list 5 units at 537 S Lorena St, classified as 5+ units across 6,364 square feet of building area, averaging about 1,273 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 537 S Lorena St built?
The assessor roll gives a build year of 1907, 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 537 S Lorena St last change hands?
The most recent transfer on the roll was recorded August 2015. 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 537 S Lorena St assessed at, and is that what it is worth?
The current assessed value is $554,997 ($314,008 land, $240,989 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 537 S Lorena 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.
This form saves what you type as you go, so you can come back to it.
Own this building?
FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS. 48H TURNAROUND.
NOT SELLING? GET DEALS LIKE THIS FIRST →