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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/2516 FAIRMOUNT ST
/// BUILDING FILE · ROLL 2025

2516 FAIRMOUNT ST.

Los Angeles, CA 90033 · APN 5177-017-005

/// 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 0400

FOURPLEX

/// ASSESSED VALUE
LAND$1,122,000
IMPROVEMENTS$1,632,000
TOTAL$2,754,000
LAND BASE YEAR2024
OWNERSHIP TENUREAPPROX. 2 YEARS

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

/// LAST TRANSFER
RECORDEDMAR 18, 2024
EST. PRICE (2024)$2,700,000
EST. $/UNIT—

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

/// 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 90033

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
538 S BOYLE AVE, UNIT A→DEC 2024EST.$930,000$310,000UNITS32611 GANAHL ST→DEC 2024EST.$785,000$392,500UNITS2442 S BOYLE AVE→DEC 2024EST.$1,155,000$288,750UNITS42202 MICHIGAN AVE→DEC 2024EST.$6,500,000$232,143UNITS282100 CITY VIEW AVE→DEC 2024EST.$1,200,000$200,000UNITS61132 N EVERGREEN AVE→DEC 2024EST.$900,000$300,000UNITS3324 N ST LOUIS ST→DEC 2024EST.$900,000$112,500UNITS8328 N ST LOUIS ST→DEC 2024EST.$900,000$112,500UNITS8

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

/// COMPARE

Buildings like this one.

ON FAIRMOUNT ST · ZIP 90033

2412 FAIRMOUNT ST→2 UNITS · BUILT 1915 · DUPLEX2415 FAIRMOUNT ST→5 UNITS · BUILT 1907 · 5+ UNITS2418 FAIRMOUNT ST→4 UNITS · BUILT 1912 · FOURPLEX2422 FAIRMOUNT ST→3 UNITS · BUILT 1921 · TRIPLEX2426 FAIRMOUNT ST→2 UNITS · BUILT 1914 · DUPLEX2427 FAIRMOUNT ST→4 UNITS · BUILT 1907 · FOURPLEX

SIMILAR SIZE AND ERA IN 90033

1025 KINGSTON AVE→4 UNITS · BUILT 1962 · 3,152 SF1027 MARK ST→4 UNITS · BUILT 1963 · 2,928 SF1050 N FICKETT ST→4 UNITS · BUILT 1926 · 3,626 SF1110 N CHICAGO ST→4 UNITS · BUILT 1951 · 1,656 SF1112 N EVERGREEN AVE→4 UNITS · BUILT 1925 · 3,144 SF1117 CORNWELL ST→4 UNITS · BUILT 1938 · 2,511 SF
EVERY BUILDING IN 90033 →
/// COMMON QUESTIONS · 2516 FAIRMOUNT ST

The short answers.

Is 2516 Fairmount 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 2516 Fairmount St last sell, and for how much?

The last recorded transfer was March 2024, at an estimated $2,700,000. 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 2516 Fairmount St assessed at, and is that what it is worth?

The current assessed value is $2,754,000 ($1,122,000 land, $1,632,000 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 2516 Fairmount 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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