718 E ROSECRANS AVE.
Los Angeles, CA 90059 · APN 6137-006-039
UNITS
4
BUILDING SF
5,420
SF / UNIT
1,355
YEAR BUILT
1964
BEDROOMS
12
BATHROOMS
4
USE · CODE 0400
FOURPLEX
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
OUTSIDE THE CITY OF LA ORDINANCE
The zoning record places this parcel in unincorporated Los Angeles County, not the City of Los Angeles, even though its mailing city reads "Los Angeles". The city's Rent Stabilization Ordinance does not reach it. Unincorporated county rentals fall under the County's own rent stabilization ordinance, which has its own coverage dates and rules, and the statewide AB 1482 cap applies where no stronger local rule does. Confirm the address with the County's Department of Consumer and Business Affairs before underwriting the rent roll.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 24, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON E ROSECRANS AVE · ZIP 90059
SIMILAR SIZE AND ERA IN 90059
The short answers.
Is 718 E Rosecrans Ave rent controlled?
The zoning record places this parcel in unincorporated Los Angeles County, not the City of Los Angeles, even though its mailing city reads "Los Angeles". The city's Rent Stabilization Ordinance does not reach it. Unincorporated county rentals fall under the County's own rent stabilization ordinance, which has its own coverage dates and rules, and the statewide AB 1482 cap applies where no stronger local rule does. Confirm the address with the County's Department of Consumer and Business Affairs before underwriting the rent roll. 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 718 E Rosecrans Ave have?
County records list 4 units at 718 E Rosecrans Ave, classified as fourplex across 5,420 square feet of building area, averaging about 1,355 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 718 E Rosecrans Ave built?
The assessor roll gives a build year of 1964, 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 718 E Rosecrans Ave last sell, and for how much?
The last recorded transfer was December 2021, at an estimated $1,219,999, about $305,000 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 718 E Rosecrans Ave assessed at, and is that what it is worth?
The current assessed value is $1,320,566 ($865,945 land, $454,621 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 718 E Rosecrans 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.
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.
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