5860 S FIGUEROA ST.
Los Angeles, CA 90003 · APN 6004-036-012
UNITS
-
BUILDING SF
-
SF / UNIT
-
YEAR BUILT
-
BEDROOMS
-
BATHROOMS
-
USE · CODE 030V
LAND
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.
Vacant / unimproved land.
Rent-control rules apply to occupied residential units, not raw land. What matters here is zoning, density programs like TOC and ED1, and what the dirt can carry.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 30, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON S FIGUEROA ST · ZIP 90003
SIMILAR SIZE AND ERA IN 90003
The short answers.
When did 5860 S Figueroa St last change hands?
The most recent transfer on the roll was recorded June 2000. 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 5860 S Figueroa St assessed at, and is that what it is worth?
The current assessed value is $76,838 ($76,838 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, and this one has held its base year for roughly 26 years.
Would the owner of 5860 S Figueroa St face a big tax bill on a sale?
Possibly. A base year going back roughly 26 years usually means a long hold and a low tax basis, and a low basis means a large taxable gain on a straight sale: capital gains plus depreciation recapture, with California taxing gains at ordinary income rates. The base year is not proof of when the current owner bought, though: a building inherited from a parent before Proposition 19 took effect in February 2021 could keep the old base year while its tax basis was stepped up at death. Long-held buildings also often sell through a 1031 exchange, or pass through an estate for the step-up in basis.
How do I find out what 5860 S Figueroa 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 →