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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/309 LUCAS AVE
/// BUILDING FILE · ROLL 2025

309 LUCAS AVE.

Los Angeles, CA 90017 · APN 5153-023-900

/// 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 YEAR1988
OWNERSHIP TENUREAPPROX. 38 YEARS

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

/// LAST TRANSFER
RECORDEDNOV 22, 1989

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 90017

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
1316 LINWOOD AVE→JUL 2024EST.$6,450,000$716,667UNITS9526 S UNION AVE→MAY 2024EST.$4,200,000$140,000UNITS301344 W 4TH ST→APR 2024EST.$2,300,000$115,000UNITS20410 WITMER ST→FEB 2024EST.$1,475,000$73,750UNITS20811 S UNION AVE→MAY 2023EST.$3,200,000$106,667UNITS301136 W 6TH ST→MAR 2023EST.$17,500,000$416,667UNITS421454 W 3RD ST→JAN 2023EST.$2,900,000$107,407UNITS27450 WITMER ST→JAN 2023EST.$3,126,000$130,250UNITS24

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

/// COMPARE

Buildings like this one.

ON LUCAS AVE · ZIP 90017

309 LUCAS AVE→2 UNITS · BUILT 1904 · DUPLEX309 LUCAS AVE→2 UNITS · BUILT 1887 · DUPLEX309 LUCAS AVE→21 UNITS · BUILT 1915 · 5+ UNITS410 LUCAS AVE→6 UNITS · 5+ UNITS413 LUCAS AVE→5 UNITS · BUILT 1908 · 5+ UNITS420 LUCAS AVE→5+ UNITS

SIMILAR SIZE AND ERA IN 90017

1376 S ORANGE DR→2 UNITS · BUILT 1926 · 1,973 SF1531 CAMBRIA ST→2 UNITS · BUILT 2006 · 2,496 SF455 LUCAS AVE→2 UNITS · BUILT 1999 · 2,106 SF476 HARTFORD AVE→2 UNITS · BUILT 1924 · 1,965 SF518 COLUMBIA AVE→2 UNITS · BUILT 2008 · 2,697 SF680 LITTLE ST→2 UNITS · 3,080 SF
EVERY BUILDING IN 90017 →
/// COMMON QUESTIONS · 309 LUCAS AVE

The short answers.

Is 309 Lucas 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 309 Lucas Ave last change hands?

The most recent transfer on the roll was recorded November 1989. 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 309 Lucas Ave face a big tax bill on a sale?

Possibly. A base year going back roughly 38 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 309 Lucas 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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