702 W 104TH PL.
Los Angeles, CA 90010 · APN 6061-012-032
UNITS
4
BUILDING SF
7,299
SF / UNIT
1,825
YEAR BUILT
2018
BEDROOMS
10
BATHROOMS
6
USE · CODE 0400
FOURPLEX
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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.
LIKELY EXEMPT (NEW CONSTRUCTION)
Built 2018, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15.
This building sits in Koreatown.
ESTIMATED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 702 W 104th Pl rent controlled?
Built 2018, inside the City of Los Angeles. Buildings under 15 years old are exempt from AB 1482, and construction after 1 October 1978 is outside the RSO. The state cap applies once the building turns 15. 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 702 W 104th Pl have?
County records list 4 units at 702 W 104th Pl, classified as fourplex across 7,299 square feet of building area, averaging about 1,825 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 702 W 104th Pl built?
The assessor roll gives a build year of 2018, 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 702 W 104th Pl last change hands?
The most recent transfer on the roll was recorded June 2018. 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 702 W 104th Pl assessed at, and is that what it is worth?
The current assessed value is $1,705,486 ($1,251,495 land, $453,991 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.
What is the Koreatown apartment market doing?
702 W 104th Pl sits in Koreatown, in Los Angeles. Sale counts, median price per unit and median price per square foot for the submarket are estimated from county assessor reassessments at sale, not verified closing prices, and are published with the share of rent-control-era stock on the Koreatown market page. See that page for the figures rather than a number quoted here.
How do I find out what 702 W 104th Pl 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.
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