riverside county

Orange County Industrial Reduction

Orange County Industrial Reduction

This property is a large industrial building on a few acres of land. At first glance, the property appeared to be well below value. In 2009, the assessment was at $10,400,000 and we were able to prove a reduction to $8,800,000. In 2010, it was solidly performing and any other property tax agent would have done a search for some comparable sales and realizing it was already reduced 20% would probably...

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Riverside County Residential Land

Riverside County Residential Land

Yesterday we had a hearing on a piece of vacant residential development land in Riverside County - Menifee area. The property owner had been trying for over two years to get his property reduced but had no success. He used us as his property tax agent for a 2010 case, but was holding fast to his 2008 and 2009 cases as he felt he would be able to handle it.

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Riverside County Car Wash

Riverside County Car Wash

Today we were able to work out a reduction on a self-serve car wash in Riverside County, near the University of California Riverside campus. For the 2010 tax year the property taxes were being levied based on a $897,000 assessed value of the property. Given our understanding of and experience operating car washes, we were able to prove a reduction to just over $710,000. This will result in a...

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8 Unit Apartment in Palm Desert

8 Unit Apartment in Palm Desert

Back in July, we represented a 8 unit apartment building in the Palm Desert region of Riverside County. The property was initially purchased in 2006 for over $1,200,000. Through the application for changed assessment we had filed in 2009, we were able to secure a reduction on this property. When we were contacted to represent this parcel, the owner was already able to work out a reduction to $852,000, which is great! However,

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Riverside County Vacant Land – Temecula

Riverside County Vacant Land – Temecula

Today we were successful in reducing the value of some more commercial development land in Riverside County. This property is located in Temecula and has freeway frontage. It is already approved for a new hotel, with another smaller pad designated for retail. Obviously, the time to build a hotel is not now so it remains vacant, thus producing NO income.

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