BUILDINGS/11265 PALMS BLVD

/// BUILDING FILE · ROLL 2025

11265 PALMS BLVD.

Los Angeles, CA 90066 · APN 4249-001-011

UNITS

BUILDING SF

25,688

SF / UNIT

1,070

YEAR BUILT

1947

BEDROOMS

BATHROOMS

USE · CODE 0500

5+ UNITS

/// ASSESSED VALUE

LAND$7,428,456

IMPROVEMENTS$3,077,503

TOTAL$10,505,959

LAND BASE YEAR2022

OWNERSHIP TENUREAPPROX. 4 YEARS

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

/// LAST TRANSFER

RECORDEDAPR 25, 2022

EST. PRICE (2022)$9,900,000

EST. $/UNIT$412,500

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

/// RENT CONTROL

LIKELY COVERED BY LA RSO

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

/// ZIP 90066

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS

3854 INGLEWOOD BLVD→DEC 2024EST.$2,350,000$261,111UNITS9 3996 INGLEWOOD BLVD→DEC 2024EST.$9,086,000$432,667UNITS21 3971 SAWTELLE BLVD→DEC 2024EST.$3,400,000$283,333UNITS12 3753 S CENTINELA AVE→DEC 2024EST.$1,800,000$600,000UNITS3 3860 INGLEWOOD BLVD→NOV 2024EST.$1,352,000$450,667UNITS3 12240 PACIFIC AVE→NOV 2024EST.$4,418,681$294,579UNITS15 12422 PACIFIC AVE→NOV 2024EST.$1,300,000$433,333UNITS3 4038 ROSABELL ST→NOV 2024EST.$2,025,000$1,012,500UNITS2

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

/// COMPARE

Buildings like this one.

ON PALMS BLVD · ZIP 90066

11715 PALMS BLVD→16 UNITS · BUILT 1955 · 5+ UNITS

SIMILAR SIZE AND ERA IN 90066

11311 CHARNOCK RD→19 UNITS · BUILT 1960 · 10,224 SF 11415 VENICE BLVD→14 UNITS · BUILT 1953 · 8,864 SF 11621 CULVER BLVD→14 UNITS · BUILT 1957 · 8,192 SF 11711 AVON WAY→23 UNITS · BUILT 1962 · 21,223 SF 11735 CULVER BLVD→19 UNITS · BUILT 1962 · 10,237 SF 11755 CULVER BLVD→20 UNITS · BUILT 1953 · 21,885 SF

EVERY BUILDING IN 90066 →RSO, 5–12 UNITS →LAND WORTH MORE THAN THE BUILDING →

/// COMMON QUESTIONS · 11265 PALMS BLVD

The short answers.

Is 11265 Palms Blvd rent controlled?

Built 1947 in the City of Los Angeles with 24 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.

How many units does 11265 Palms Blvd have?

County records list 24 units at 11265 Palms Blvd, classified as 5+ units across 25,688 square feet of building area, averaging about 1,070 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 11265 Palms Blvd built?

The assessor roll gives a build year of 1947, 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.

When did 11265 Palms Blvd last sell, and for how much?

The last recorded transfer was April 2022, at an estimated $9,900,000 — about $412,500 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 11265 Palms Blvd assessed at, and is that what it is worth?

The current assessed value is $10,505,959 ($7,428,456 land, $3,077,503 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 11265 Palms Blvd 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 →