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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/1508 W FLORENCE AVE
/// BUILDING FILE · ROLL 2025

1508 W FLORENCE AVE.

Los Angeles, CA 90047 · APN 6018-006-009

/// 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 0500

5+ UNITS

/// ASSESSED VALUE
LAND$568,913
IMPROVEMENTS$0
TOTAL$568,913
LAND BASE YEAR2018
OWNERSHIP TENUREAPPROX. 8 YEARS

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

/// LAST TRANSFER
RECORDEDJAN 31, 2018

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 90047

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
1445 W 59TH PL→DEC 2024EST.$662,000$220,667UNITS31746 W 106TH ST→DEC 2024EST.$700,000$233,333UNITS31543 W 102ND ST→DEC 2024EST.$791,550$395,775UNITS21601 W 69TH ST→DEC 2024EST.$775,000$387,500UNITS21504 W 59TH PL→DEC 2024EST.$435,290$217,645UNITS210000 S GRAMERCY PL→DEC 2024EST.$860,000$286,667UNITS31451 W 108TH ST→DEC 2024EST.$1,090,000$363,333UNITS31417 W 82ND ST→DEC 2024EST.$740,000$246,667UNITS3

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

/// COMPARE

Buildings like this one.

ON W FLORENCE AVE · ZIP 90047

1442 W FLORENCE AVE→6 UNITS · BUILT 1948 · 5+ UNITS1500 W FLORENCE AVE→4 UNITS · FOURPLEX1504 W FLORENCE AVE→4 UNITS · BUILT 1941 · FOURPLEX1508 W FLORENCE AVE→6 UNITS · BUILT 1990 · 5+ UNITS1540 W FLORENCE AVE→8 UNITS · BUILT 1953 · 5+ UNITS1544 W FLORENCE AVE→8 UNITS · BUILT 1953 · 5+ UNITS

SIMILAR SIZE AND ERA IN 90047

10018 S VAN NESS AVE→28 UNITS · BUILT 1955 · 17,482 SF10021 S WESTERN AVE→7 UNITS · BUILT 1956 · 4,192 SF10024 S VAN NESS AVE→18 UNITS · BUILT 1954 · 17,064 SF10026 S WESTERN AVE→6 UNITS · BUILT 1955 · 3,408 SF10040 S WESTERN AVE→6 UNITS · BUILT 1953 · 3,688 SF10050 S WESTERN AVE→8 UNITS · BUILT 1954 · 3,744 SF
EVERY BUILDING IN 90047 →LAND WORTH MORE THAN THE BUILDING →
/// COMMON QUESTIONS · 1508 W FLORENCE AVE

The short answers.

Is 1508 W Florence Ave 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 1508 W Florence Ave last change hands?

The most recent transfer on the roll was recorded January 2018. 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 1508 W Florence Ave assessed at, and is that what it is worth?

The current assessed value is $568,913 ($568,913 land). 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 1508 W Florence Ave 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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