BUILDINGS/3960 S GRAND VIEW BLVD

/// BUILDING FILE · ROLL 2025

3960 S GRAND VIEW BLVD.

Los Angeles, CA 90066 · APN 4235-026-016

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 0550

5+ UNITS

/// ASSESSED VALUE

LAND$6,140,821

IMPROVEMENTS$12,075,000

TOTAL$18,215,821

LAND BASE YEAR2020

OWNERSHIP TENUREAPPROX. 6 YEARS

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

/// LAST TRANSFER

RECORDEDDEC 3, 2019

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 90066

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS

3854 INGLEWOOD BLVD→DEC 2024EST.$2,350,000$261,111UNITS9 3996 INGLEWOOD BLVD→DEC 2024EST.$9,086,000$432,667UNITS21 3971 SAWTELLE BLVD→DEC 2024EST.$3,400,000$283,333UNITS12 3753 S CENTINELA AVE→DEC 2024EST.$1,800,000$600,000UNITS3 3860 INGLEWOOD BLVD→NOV 2024EST.$1,352,000$450,667UNITS3 12240 PACIFIC AVE→NOV 2024EST.$4,418,681$294,579UNITS15 12422 PACIFIC AVE→NOV 2024EST.$1,300,000$433,333UNITS3 4038 ROSABELL ST→NOV 2024EST.$2,025,000$1,012,500UNITS2

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

/// COMPARE

Buildings like this one.

SIMILAR SIZE AND ERA IN 90066

11260 WESTMINSTER AVE→44 UNITS · BUILT 1965 · 40,586 SF 11265 PALMS BLVD→24 UNITS · BUILT 1947 · 25,688 SF 11311 CHARNOCK RD→19 UNITS · BUILT 1960 · 10,224 SF 11316 VENICE BLVD→6 UNITS · BUILT 1953 · 3,572 SF 11316 VICTORIA AVE→6 UNITS · BUILT 1955 · 6,560 SF 11317 BIONA DR→6 UNITS · BUILT 1955 · 6,093 SF

EVERY BUILDING IN 90066 →

/// COMMON QUESTIONS · 3960 S GRAND VIEW BLVD

The short answers.

Is 3960 S Grand View Blvd 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 3960 S Grand View Blvd last change hands?

The most recent transfer on the roll was recorded December 2019. 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 3960 S Grand View Blvd assessed at, and is that what it is worth?

The current assessed value is $18,215,821 ($6,140,821 land, $12,075,000 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 3960 S Grand View Blvd 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 →

NOT SELLING? GET DEALS LIKE THIS FIRST →