Condo

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 Medical Office

Los Angeles County Medical Office

Today we had a hearing officer appointment due to our filed application for changed assessment on a Medical Office Condo in the Monterey Park area of Los Angeles County. The property was initially assessed at $355,000 for 2009 and the assessor’s office was not willing to lower the value based on the information we provided informally. Once at the hearing officer appointment, they were...

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Los Angeles County Tax Appeal

Los Angeles County Tax Appeal

Another home reduction, this time in Monrovia in Los Angeles County. This 2400 square foot condominium was assessed at $653,677 for 2009. Through our appeal and working with the Los Angeles County Assessor’s Office, we were able to secure a reduction to $560,000 for 2009. This will result in a refund to the property owner of about $1,000 for that year.

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Los Angeles County Board Hearings

Today we had a few board hearings in Los Angeles. First up was to accept stipulations on a few vacant parcels in Pacific Palisades with views of the ocean. Assessed originally at $600,000 for the three parcels, we were able to reduce them to $207,000 saving the property owner over $4,000. Next is a luxury penthouse condominium in downtown Los Angeles we have a pending 2006 base year appeal filed...

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Los Angeles County Condos and Agricultural Land

One of our appraisers had a couple hearings in Los Angeles County today on 40 acres of vacant agricultural land in the Lancaster area, and a condominium in the Monrovia area. The agricultural land was for a base year appeal and...

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