983 EMERSON ST.
Pasadena, CA 91106 · APN 5732-013-046
UNITS
1
BUILDING SF
1,544
SF / UNIT
1,544
YEAR BUILT
1957
BEDROOMS
3
BATHROOMS
3
USE · CODE 0300
TRIPLEX
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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.
OUTSIDE LA RSO (FEWER THAN TWO UNITS)
The roll records 1 unit here. The Rent Stabilization Ordinance reaches buildings of two or more units, so it does not apply. Whether the statewide cap applies to a single-family home turns on who owns it and whether the required notice was given.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 5, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON EMERSON ST · ZIP 91106
The short answers.
Is 983 Emerson St rent controlled?
The roll records 1 unit here. The Rent Stabilization Ordinance reaches buildings of two or more units, so it does not apply. Whether the statewide cap applies to a single-family home turns on who owns it and whether the required notice was given. 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 983 Emerson St have?
County records list 1 unit at 983 Emerson St, classified as triplex across 1,544 square feet of building area, averaging about 1,544 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 983 Emerson St built?
The assessor roll gives a build year of 1957, 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 983 Emerson St last sell, and for how much?
The last recorded transfer was August 2022, at an estimated $998,999, about $998,999 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 983 Emerson St assessed at, and is that what it is worth?
The current assessed value is $1,039,359 ($624,240 land, $415,119 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 983 Emerson St 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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