BUILDINGS/623 S MCDONNELL AVE
/// BUILDING FILE · ROLL 2025

623 S MCDONNELL AVE.

East Los Angeles, CA 90022 · APN 5247-015-030

/// 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

1,576

SF / UNIT

788

YEAR BUILT

1921

BEDROOMS

3

BATHROOMS

2

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.

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/// ASSESSED VALUE
LAND$500,000
IMPROVEMENTS$240,000
TOTAL$740,000
LAND BASE YEAR2025
OWNERSHIP TENUREUNDER 2 YEARS

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

/// LAST TRANSFER
RECORDEDAUG 7, 2024
EST. PRICE (2024)$740,000
EST. $/UNIT$370,000

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

/// RENT CONTROL

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.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90022

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 · 623 S MCDONNELL AVE

The short answers.

Is 623 S Mcdonnell Ave 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 623 S Mcdonnell Ave have?

County records list 2 units at 623 S Mcdonnell Ave, classified as duplex across 1,576 square feet of building area, averaging about 788 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 623 S Mcdonnell Ave built?

The assessor roll gives a build year of 1921, 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 623 S Mcdonnell Ave last sell, and for how much?

The last recorded transfer was August 2024, at an estimated $740,000, about $370,000 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 623 S Mcdonnell Ave assessed at, and is that what it is worth?

The current assessed value is $740,000 ($500,000 land, $240,000 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 623 S Mcdonnell 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?

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