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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/501 S SPRING ST
/// BUILDING FILE · ROLL 2025

501 S SPRING ST.

Los Angeles, CA 90013 · APN 5149-034-006

/// 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

—

BUILDING SF

169,689

SF / UNIT

—

YEAR BUILT

—

BEDROOMS

—

BATHROOMS

—

USE · CODE 0550

5+ UNITS

/// ASSESSED VALUE
LAND$5,271,208
IMPROVEMENTS$11,032,769
TOTAL$16,303,977
LAND BASE YEAR2014
OWNERSHIP TENUREAPPROX. 12 YEARS

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

/// LAST TRANSFER
RECORDEDDEC 11, 2020

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 90013

Recent sales nearby.

ADDRESSSOLDEST. PRICEEST. $/UNITUNITS
456 S MAIN ST→OCT 2024EST.$2,054,000$19,377UNITS106

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

/// COMPARE

Buildings like this one.

ON S SPRING ST · ZIP 90013

408 S SPRING ST→56 UNITS · BUILT 1904 · 5+ UNITS410 S SPRING ST→40 UNITS · BUILT 1909 · 5+ UNITS510 S SPRING ST→153 UNITS · BUILT 1907 · 5+ UNITS515 S SPRING ST→BUILT 1912 · 5+ UNITS541 S SPRING ST, 1001→1 UNITS · BUILT 1923 · 5+ UNITS541 S SPRING ST, 1002→1 UNITS · BUILT 1923 · 5+ UNITS

SIMILAR SIZE AND ERA IN 90013

117 WINSTON ST→45 UNITS · BUILT 1907 · 52,080 SF220 W 5TH STREET, 101→1 UNITS · BUILT 1912 · 9,450 SF220 W 5TH STREET, 201→1 UNITS · BUILT 1912 · 650 SF220 W 5TH STREET, 202→1 UNITS · BUILT 1912 · 1,140 SF220 W 5TH STREET, 203→1 UNITS · BUILT 1912 · 1,180 SF220 W 5TH STREET, 204→1 UNITS · BUILT 1912 · 1,260 SF
EVERY BUILDING IN 90013 →
/// COMMON QUESTIONS · 501 S SPRING ST

The short answers.

Is 501 S Spring 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 501 S Spring St last change hands?

The most recent transfer on the roll was recorded December 2020. 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 501 S Spring St assessed at, and is that what it is worth?

The current assessed value is $16,303,977 ($5,271,208 land, $11,032,769 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 — and this one has held its base year for roughly 12 years.

How do I find out what 501 S Spring 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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