BUILDINGS/5901 ERNEST AVE
/// BUILDING FILE · ROLL 2025

5901 ERNEST AVE.

Los Angeles, CA 90034 · APN 5065-018-029

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

2

BUILDING SF

1,450

SF / UNIT

725

YEAR BUILT

-

BEDROOMS

2

BATHROOMS

4

USE · CODE 0200

DUPLEX

/// OWN THIS BUILDING?

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.

/// ASSESSED VALUE
LAND$694,029
IMPROVEMENTS$206,935
TOTAL$900,964
LAND BASE YEAR2022
OWNERSHIP TENUREAPPROX. 4 YEARS

PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDDEC 21, 2021
EST. PRICE (2021)$848,998
EST. $/UNIT$424,499

PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.

/// RENT CONTROL

RENT CONTROL STATUS NOT DETERMINED

These records carry no year built for this parcel, 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.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90034

Recent sales nearby.

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.

/// COMPARE

Buildings like this one.

/// COMMON QUESTIONS · 5901 ERNEST AVE

The short answers.

Is 5901 Ernest Ave rent controlled?

These records carry no year built for this parcel, 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 5901 Ernest Ave have?

County records list 2 units at 5901 Ernest Ave, classified as duplex across 1,450 square feet of building area, averaging about 725 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When did 5901 Ernest Ave last sell, and for how much?

The last recorded transfer was December 2021, at an estimated $848,998, about $424,499 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 5901 Ernest Ave assessed at, and is that what it is worth?

The current assessed value is $900,964 ($694,029 land, $206,935 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.

How do I find out what 5901 Ernest 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.

/// OWNER READING
/// INTERESTED IN THIS BUILDING?

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 →