Los Angeles, CA 90026 · APN 5405-003-021
UNITS
5
BUILDING SF
4,714
SF / UNIT
943
YEAR BUILT
1900
BEDROOMS
6
BATHROOMS
5
USE · CODE 050G
5+ UNITS
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.
Built 1900 in the City of Los Angeles with 5 units — pre-October 1978 multifamily inside city limits is generally under the Rent Stabilization Ordinance, capping annual increases and restricting evictions.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR) — NOT VERIFIED CLOSING PRICES.
CAP RATES, GRM, AND $/UNIT FROM CLOSED COMPS →
Built 1900 in the City of Los Angeles with 5 units — pre-October 1978 multifamily inside city limits is generally under the Rent Stabilization Ordinance, capping annual increases and restricting evictions. 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.
County records list 5 units at 914 W Kensington Rd, classified as 5+ units across 4,714 square feet of building area, averaging about 943 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
The assessor roll gives a build year of 1900, which puts it in the pre-1979 stock that the LA Rent Stabilization Ordinance generally covers inside city limits. Age drives more than character here: it sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
The most recent transfer on the roll was recorded July 2017. 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.
The current assessed value is $1,030,000 ($721,000 land, $309,000 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.
914 W Kensington Rd sits in Echo Park / Silver Lake, in Los Angeles. Recorded sale counts, median price per unit, median price per square foot, and the share of rent-control-era stock for the submarket are published and updated as the county roll refreshes — see the Echo Park / Silver Lake market page for the current figures rather than a number quoted here.
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.
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FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS — 48H TURNAROUND.
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