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© 2026 SHAYA LOWENSTEIN · LYON STAHL INVESTMENT REAL ESTATE830 S PACIFIC COAST HWY, SUITE D-200, EL SEGUNDO, CA 90245SHAYA@LYONSTAHL.COM · DRE #01942326
BUILDINGS/1232 E 119TH ST
/// BUILDING FILE · ROLL 2025

1232 E 119TH ST.

Los Angeles, CA 90059 · APN 6148-014-900

/// 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

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BUILDING SF

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SF / UNIT

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YEAR BUILT

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BEDROOMS

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BATHROOMS

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USE · CODE 0200

DUPLEX

/// ASSESSED VALUE
LAND$0
IMPROVEMENTS$0
TOTAL$0
LAND BASE YEAR1975
OWNERSHIP TENUREAPPROX. 51 YEARS

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

/// LAST TRANSFER
RECORDEDAUG 19, 1983

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

LIKELY UNDER AB 1482 STATE CAP (5% + CPI, MAX 10%)

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year.

AB 1482 VS RSO →INFERRED FROM PUBLIC RECORDS — VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90059

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
1514 E 108TH ST→DEC 2024EST.$930,000$465,000UNITS21757 E 118TH ST→DEC 2024EST.$600,000$300,000UNITS210910 WILMINGTON AVE→DEC 2024EST.$620,000$310,000UNITS211658 SUCCESS AVE→DEC 2024EST.$820,000$410,000UNITS210916 WILMINGTON AVE→DEC 2024EST.$620,000$310,000UNITS22103 E 118TH ST→DEC 2024EST.$505,749$168,583UNITS32031 E 113TH ST→DEC 2024EST.$505,000$252,500UNITS21512 E 110TH ST→DEC 2024EST.$720,000$360,000UNITS2

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

/// COMPARE

Buildings like this one.

ON E 119TH ST · ZIP 90059

1200 E 119TH ST→2 UNITS · BUILT 1947 · DUPLEX1208 E 119TH ST→2 UNITS · BUILT 1947 · DUPLEX1212 E 119TH ST→2 UNITS · BUILT 1947 · DUPLEX1213 E 119TH ST→2 UNITS · BUILT 1947 · DUPLEX1219 E 119TH ST→3 UNITS · BUILT 1946 · TRIPLEX1222 E 119TH ST→2 UNITS · BUILT 1946 · DUPLEX

SIMILAR SIZE AND ERA IN 90059

10703 GRAPE ST→2 UNITS · BUILT 1922 · 1,635 SF10706 ANZAC AVE→2 UNITS · BUILT 1918 · 1,514 SF10712 HICKORY ST→2 UNITS · BUILT 1961 · 1,824 SF10713 COMPTON AVE→2 UNITS · BUILT 1948 · 1,064 SF10714 JUNIPER ST→2 UNITS · BUILT 1948 · 1,308 SF10715 GRAPE ST→2 UNITS · BUILT 1923 · 1,208 SF
EVERY BUILDING IN 90059 →
/// COMMON QUESTIONS · 1232 E 119TH ST

The short answers.

Is 1232 E 119th St rent controlled?

Outside LA RSO coverage on these records — most California multifamily over 15 years old falls under the AB 1482 statewide cap of 5% plus CPI, never more than 10% per year. 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.

When did 1232 E 119th St last change hands?

The most recent transfer on the roll was recorded August 1983. 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.

Would the owner of 1232 E 119th St face a big tax bill on a sale?

Possibly. A base year going back roughly 51 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 1232 E 119th St 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 →

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