BUILDINGS/974 W LA ALAMEDA AVE
/// BUILDING FILE · ROLL 2025

974 W LA ALAMEDA AVE.

San Pedro, CA 90731 · APN 7451-022-016

974 W La Alameda Ave is a 2-unit multifamily property in San Pedro, CA 90731, built in 1920, with 2,782 square feet of building area, according to the Los Angeles County assessor roll (2025). Its assessed value is $841,047, which under Proposition 13 is usually well below what it would sell for. The last recorded sale was December 2020, at an estimated $776,997. Rent control: outside the City of LA ordinance.

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UNITS

2

BUILDING SF

2,782

SF / UNIT

1,391

YEAR BUILT

1920

BEDROOMS

3

BATHROOMS

3

USE · CODE 0200

DUPLEX

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/// ASSESSED VALUE
LAND$516,318
IMPROVEMENTS$324,729
TOTAL$841,047
LAND BASE YEAR2021

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

/// LAST TRANSFER
RECORDEDDEC 15, 2020
EST. PRICE (2020)$776,997
EST. $/UNIT$388,499

PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.

/// RENT CONTROL

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.

COUNTY RENT RULES →INFERRED FROM THE ASSESSOR ROLL, NOT AN LAHD DETERMINATION. CONFIRM WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90731

Estimated sales nearby.

SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 27, 2024.

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

/// COMPARE

Buildings like this one.

/// COMMON QUESTIONS · 974 W LA ALAMEDA AVE

The short answers.

Is 974 W La Alameda 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 974 W La Alameda Ave have?

County records list 2 units at 974 W La Alameda Ave, classified as duplex across 2,782 square feet of building area, averaging about 1,391 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 974 W La Alameda Ave built?

The assessor roll gives a build year of 1920, 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 974 W La Alameda Ave last sell, and for how much?

The last recorded transfer was December 2020, at an estimated $776,997, about $388,499 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 974 W La Alameda Ave assessed at, and is that what it is worth?

The current assessed value is $841,047 ($516,318 land, $324,729 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 974 W La Alameda 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.

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