720 N WILMINGTON BLVD.
Los Angeles, CA 90744 · APN 7416-016-005
UNITS
8
BUILDING SF
5,244
SF / UNIT
656
YEAR BUILT
-
BEDROOMS
16
BATHROOMS
8
USE · CODE 0500
5+ UNITS
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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.
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.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 23, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON N WILMINGTON BLVD · ZIP 90744
SIMILAR SIZE AND ERA IN 90744
The short answers.
Is 720 N Wilmington Blvd 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 720 N Wilmington Blvd have?
County records list 8 units at 720 N Wilmington Blvd, classified as 5+ units across 5,244 square feet of building area, averaging about 656 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When did 720 N Wilmington Blvd last sell, and for how much?
The last recorded transfer was July 2020, at an estimated $1,024,997, about $128,125 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 720 N Wilmington Blvd assessed at, and is that what it is worth?
The current assessed value is $1,109,490 ($757,701 land, $351,789 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 720 N Wilmington Blvd 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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