BUILDINGS/9503 E AVENUE U
/// BUILDING FILE · ROLL 2025

9503 E AVENUE U.

Littlerock, CA 93543 · APN 3046-015-006

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

2

BUILDING SF

2,056

SF / UNIT

1,028

YEAR BUILT

1954

BEDROOMS

4

BATHROOMS

3

USE · CODE 0200

DUPLEX

/// OWN THIS BUILDING?

Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.

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/// ASSESSED VALUE
LAND$46,640
IMPROVEMENTS$201,937
TOTAL$248,577
LAND BASE YEAR1987
OWNERSHIP TENUREAPPROX. 39 YEARS

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

/// LAST TRANSFER
RECORDEDJUL 10, 2019

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

RENT CONTROL STATUS NOT DETERMINED

The roll's city name for this parcel does not match a jurisdiction we recognise, 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.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 93543

Recent sales nearby.

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

/// COMPARE

Buildings like this one.

/// COMMON QUESTIONS · 9503 E AVENUE U

The short answers.

Is 9503 E Avenue U rent controlled?

The roll's city name for this parcel does not match a jurisdiction we recognise, 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 9503 E Avenue U have?

County records list 2 units at 9503 E Avenue U, classified as duplex across 2,056 square feet of building area, averaging about 1,028 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 9503 E Avenue U built?

The assessor roll gives a build year of 1954, 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 9503 E Avenue U last change hands?

The most recent transfer on the roll was recorded July 2019. 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 9503 E Avenue U assessed at, and is that what it is worth?

The current assessed value is $248,577 ($46,640 land, $201,937 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, and this one has held its base year for roughly 39 years.

Would the owner of 9503 E Avenue U face a big tax bill on a sale?

Possibly. A base year going back roughly 39 years usually means a low tax basis, and a low basis means a large taxable gain on a straight sale: capital gains plus depreciation recapture, with California taxing gains at ordinary income rates. It is also why long-held buildings so often sell through a 1031 exchange instead, or pass through an estate for the step-up in basis.

How do I find out what 9503 E Avenue U 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.

/// OWNER READING
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