Los Angeles County Property Taxes

LA County Property Tax Reduction

LA County Property Tax Reduction

Yesterday we attended a hearing before the board of appeals on a fast food restaurant (major chain) in Los Angeles County. By showing that the reduced rent paid by the tenant towards the end of the lease, and that this particular chain was inferior to other top brands, we were able to secure a reduction in the property tax assessment for the 2010 fiscal year from $1,556,900 to $850,000....

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Los Angeles House Reductions

Los Angeles House Reductions

As stated in the prior post, we had a huge day in Los Angeles for a number of clients. Due to our filed application for changed assessment, we had hearing officer appointments for an entire day in Los Angeles County and below is what we were able to do for our clients with Single Family Residences: From $778,594 to $750,000 - Property Tax Savings of $300 From $650,200 to $617,000 - Property Tax Refund due of $350 From $814,066 to $700,000 - Property Tax Reduction of $1,200 From $650,000 to $500,000 - Property Tax Refund due of $1,600...

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Los Angeles County Property Tax Reductions

Los Angeles County Property Tax Reductions

We had a big day late last month in Los Angeles County resulting in many reduction for our clients. Below is list of the property tax reductions were able to achieve through our hearing office appointments resulting from our filed applications for changed assessment: Office Building: From $1,448,000 to $1,000,000 - Savings of over $4,500! Retail: From $2,420,000 to $1,700,000 - Refunds to our client of over $7,200!......

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Los Angeles County Home Reductions

Los Angeles County Home Reductions

Today we had a long day in Los Angeles County. We took down a number of cases, from single family homes to indoor golf ranges to gas stations. What follows is a list of reductions just on the single family residences we took down. These were all hearing officer appointments from our filed application for changed assessment in the 2010 year. These home reductions resulted in a total of over...

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Los Angeles County Industrial

Los Angeles County Industrial

This property is over 200,000sf of warehouse space in the City of Industry in Los Angeles County. It was assessed at $13,800,000 for 2010. We filed an application for changed assessment in Los Angeles County and through our hearing today were able to reduce it to $12,400,000 in spite of the Assessor’s recommendation of “no change.”

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Los Angeles County Retail

Los Angeles County Retail

The subject property for this property tax appeal is currently used as a gentleman’s club in West Los Angeles. The property was initially assessed at $3,150,000 for 2010 and through our request for review the property’s assessment was reduced to $2,900,000. We did not feel this value was low enough and therefore filed the application for changed assessment in Los Angeles County. In...

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