1435 BEDFORD STREET
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Location
1435 BEDFORD STREET
Mblu
000/ 9640/ / /
Acct#
000-9640
Owner
CORNERSTONE APARTMENTS PROPERTY OWNER LLC
Total Market Value
$29,400,000
Appraisal
$42,000,000
PID
3486
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$34,090,550$7,909,450$42,000,000
Assessment
Valuation YearImprovementsLandTotal
2025$23,863,380$5,536,620$29,400,000

Owner of Record
OwnerCORNERSTONE APARTMENTS PROPERTY OWNER LLC
Co-Owner
Address11766 WILSHIRE BOULVD # 1500
LOS ANGELES, CA 90025-6552
Sale Price$75,100,000
Book & Page 11092/0329
Sale Date09/24/2014
Instrument27

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
CORNERSTONE APARTMENTS PROPERTY OWNER LLC$75,100,00011092/03292709/24/2014
FAIRFIELD BEDFORD LLC$79,100,0008826/01002712/21/2006
AVALON TERRACE LLC$05521/0115 06/01/2000
AVALONBAY COMMUNITIES INC$18,725,0005149/01510012/01/1998
HANOVER HALL$01001/04852501/02/1964

Building Information
Building 1 : Section 1
Year Built: 1963
Living Area: 173,641
Building Attributes
FieldDescription
Style:Lux Apt
ModelComm/Ind
GradeC+
Stories:13
Occupancy190.00
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas/LP
Heating TypeForced Air-Duc
AC TypeUnit/AC
Bldg UseApartment MDL-94
Total Rooms 
Total Bedrms337
Total Baths194
1st Floor Use:800C
Heat/ACHeat/AC Split
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 160,284 160,284
BASFirst Floor 13,357 13,357
UBMBasement, Unfinished 10,011 0
   183,652 173,641

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGBParking Garage Below13200.00 S.F$514,8001
EL2Elev Pass26.00 STOPS$1,216,8001
RP2Porch Coverd3432.00 S.F$93,6901
RP2Porch Coverd7878.00 S.F$215,0701
RP2Porch Coverd6630.00 S.F$181,0001
RP2Porch Coverd11505.00 S.F$314,0901
RP2Porch Coverd4576.00 S.F$124,9201
RP4Porch Enclsd224.00 S.F$8,3901

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneRH
Neighborhood0700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.24
Depth
Total Market Land$5,536,620
Appraised Value$7,909,450

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP4Pavng Asphlt  27000.00 S.F$51,6401
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$34,090,550$7,909,450$42,000,000
2023$35,351,080$7,909,450$43,260,530
2022$35,351,080$7,909,450$43,260,530

Assessment
Valuation YearImprovementsLandTotal
2024$23,863,380$5,536,620$29,400,000
2023$24,745,750$5,536,620$30,282,370
2022$24,745,750$5,536,620$30,282,370

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