Retail

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!......

Read More

Retail Property in Los Angeles – 33% Reduction

Retail Property in Los Angeles – 33% Reduction

Another case from July – This property is actually two free-standing retail buildings in Los Angeles County. They were purchased by our client in 2006 and for the 2009 year were assessed at over $1,280,000. We had already attended one hearing officer appointment on this property at the County, but we were not thrilled about the value the officer suggested and as such we requested a full...

Read More

Fresno County Bank Reduction

Fresno County Bank Reduction

Today we were able to work out a property tax reduction on a bank building in Fresno County. The value of this retail building was originally at $2,522,000 for the 2010 year and we saw a reduction in assessed value to

Read More

Riverside Retail Strip Owner Saves $7,200

Riverside Retail Strip Owner Saves $7,200

Today we were able to work out a reduction on a 7,700sf retail strip center in Riverside County for the 2009 tax year. The income on this property actually improved from 2008 to 2009...

Read More

Los Angeles County Application for Changed Assessment Reduction

Los Angeles County Application for Changed Assessment Reduction

In Los Angeles County we were able to prove a reduction in assessed value of a 10,700sf retail space in downtown Los Angeles. The subject property is the bottom floor of a high rise building serving as a retail pad. The property taxes were initially...

Read More