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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/223 S AVENUE 18
/// BUILDING FILE · ROLL 2025

223 S AVENUE 18.

Los Angeles, CA 90031 · APN 5447-026-902

/// 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 YEAR1990
OWNERSHIP TENUREAPPROX. 36 YEARS

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

/// LAST TRANSFER
RECORDEDOCT 22, 1996

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 90031

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
2248 FERNLEAF ST→DEC 2024EST.$567,495$283,748UNITS22520 LINCOLN PARK AVE→DEC 2024EST.$870,000$435,000UNITS2265 S AVENUE 20→DEC 2024EST.$701,251$350,626UNITS22244 FERNLEAF ST→DEC 2024EST.$532,704$266,352UNITS2343 S AVENUE 20→DEC 2024EST.$776,000$388,000UNITS2500 E AVENUE 28→DEC 2024EST.$1,433,000$716,500UNITS22670 WORKMAN ST→DEC 2024EST.$675,000$225,000UNITS33900 BERENICE PL→DEC 2024EST.$1,235,000$617,500UNITS2

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

/// COMPARE

Buildings like this one.

ON S AVENUE 18 · ZIP 90031

214 S AVENUE 18→4 UNITS · BUILT 1923 · FOURPLEX222 S AVENUE 18→10 UNITS · BUILT 1911 · 5+ UNITS237 S AVENUE 18→2 UNITS · BUILT 1895 · DUPLEX240 S AVENUE 18→3 UNITS · TRIPLEX244 S AVENUE 18→6 UNITS · BUILT 2016 · 5+ UNITS249 S AVENUE 18→2 UNITS · BUILT 1890 · DUPLEX

SIMILAR SIZE AND ERA IN 90031

104 E AVENUE 33→2 UNITS · BUILT 1920 · 1,313 SF105 E AVENUE 38→2 UNITS · BUILT 1904 · 1,974 SF105 SYCAMORE PARK DR→2 UNITS · BUILT 1914 · 3,064 SF1060 BLAKE AVE→2 UNITS · BUILT 1918 · 1,800 SF1101 RIVERSIDE DR→2 UNITS · BUILT 1964 · 1,503 SF111 E AVENUE 37→2 UNITS · BUILT 1900 · 2,267 SF
EVERY BUILDING IN 90031 →
/// COMMON QUESTIONS · 223 S AVENUE 18

The short answers.

Is 223 S Avenue 18 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 223 S Avenue 18 last change hands?

The most recent transfer on the roll was recorded October 1996. 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 223 S Avenue 18 face a big tax bill on a sale?

Possibly. A base year going back roughly 36 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 223 S Avenue 18 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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