BUILDINGS/737 N VIRGINIA CT

/// BUILDING FILE · ROLL 2025

737 N VIRGINIA CT.

Long Beach, CA 90813 · APN 7272-018-008

UNITS

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BUILDING SF

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SF / UNIT

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YEAR BUILT

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BEDROOMS

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BATHROOMS

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USE · CODE 050X

5+ UNITS

/// ASSESSED VALUE

LAND$105,972

IMPROVEMENTS$5,576

TOTAL$111,548

LAND BASE YEAR2019

OWNERSHIP TENUREAPPROX. 7 YEARS

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

/// LAST TRANSFER

RECORDEDSEP 20, 2018

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.

/// RENT CONTROL

LIKELY UNDER AB 1482 STATE CAP (5% + CPI, MAX 10%)

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year.

AB 1482 VS RSO →INFERRED FROM PUBLIC RECORDS — VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.

/// ZIP 90813

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS

851 MARTIN LUTHER KING JR AVE→DEC 2024EST.$1,530,000$765,000UNITS2 1431 ELM AVE→DEC 2024EST.$2,262,500$188,542UNITS12 727 MARTIN LUTHER KING JR AVE→DEC 2024EST.$600,000$300,000UNITS2 1040 N ALMOND CT→DEC 2024EST.$750,000$375,000UNITS2 1724 CHERRY AVE→DEC 2024EST.$2,125,000$265,625UNITS8 336 E 8TH ST→DEC 2024EST.$4,000,000$307,692UNITS13 1700 PACIFIC AVE→DEC 2024EST.$1,751,000$175,100UNITS10 1036 CHERRY AVE→DEC 2024EST.$1,374,000$229,000UNITS6

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

/// COMPARE

Buildings like this one.

ON N VIRGINIA CT · ZIP 90813

1019 N VIRGINIA CT→2 UNITS · BUILT 1929 · DUPLEX 1033 N VIRGINIA CT→3 UNITS · BUILT 1922 · TRIPLEX 1219 N VIRGINIA CT→4 UNITS · BUILT 1910 · FOURPLEX

SIMILAR SIZE AND ERA IN 90813

1000 E 10TH ST→7 UNITS · BUILT 1921 · 5,340 SF 1000 ORANGE AVE→19 UNITS · BUILT 1986 · 15,879 SF 1001 PACIFIC AVE→8 UNITS · BUILT 1979 · 4,882 SF 1002 MAINE AVE→9 UNITS · BUILT 1920 · 4,046 SF 1010 E 7TH ST→10 UNITS · BUILT 1962 · 6,552 SF 1010 ORANGE AVE→12 UNITS · BUILT 1962 · 9,822 SF

EVERY BUILDING IN 90813 →LAND WORTH MORE THAN THE BUILDING →

/// COMMON QUESTIONS · 737 N VIRGINIA CT

The short answers.

Is 737 N Virginia Ct rent controlled?

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year. 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.

When did 737 N Virginia Ct last change hands?

The most recent transfer on the roll was recorded September 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 737 N Virginia Ct assessed at, and is that what it is worth?

The current assessed value is $111,548 ($105,972 land, $5,576 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 737 N Virginia Ct would sell for today?

Public records give you the frame — units, size, age, assessed value, 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

WHAT IS MY BUILDING WORTH? →SELLING WITH TENANTS IN PLACE →HOW LA RSO WORKS →

Own this building?

FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS — 48H TURNAROUND.

WHAT'S IT WORTH_TALK TO SHAYA →

NOT SELLING? GET DEALS LIKE THIS FIRST →