ASSESSING THE ASSESSOR

LA County’s property tax roll hit a record high for 2019 fueled by an active real estate market with price appreciation and strong sales volume of existing inventory as well as a burst of new construction. The additional funds raised will add more support for LA city and county services. Which communities saw the largest increase? Inglewood, of course, as work is underway on the LA Stadium, the Entertainment District and several large residential developments And West Hollywood, where rising real estate prices and the rush of developers building new luxury homes and multi-unit projects confirm that it is, indeed, the hottest place to live in SoCal! Perhaps best of all, thanks to Prop 13 these tax increases and the benefits they provide to local residents don’t come on the backs of longtime homeowners.

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Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069

keith.kaplan@sothebyshomes.com

310-646-7791

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