Los Angeles County

The state of the real estate market in Los Angeles County relative to property tax assessments can be summed up in a very simple statement: property taxes are too high!  If you want to appeal your property tax we can help. We are a property tax reduction company specializing in LA County property tax appeals.

Please choose your property type from the paragraphs below to read about your specific situation.

Residential

The chart above shows the year-to-year change in the median price of existing homes in Los Angeles County.  The fact that property values have dramatically decreased is no surprise to anyone.  What everyone wants to know is what will happen in the future.

Commercial

Our years in this business, especially in the decade of the 1990’s  have taught us that as the residential property tax values go, so goes the commercial.  We believe the LA County commercial property market as it relates to property taxes has begun a market correction that will follow residential values.

The degree of the decline is yet to be known by we are convinced it will be substantial. Already we are finding substantial reductions in our commercial property client portfolios. Multimillion dollar assessment reductions like we obtained on a commercial property in central California from $37 million to $15 million are a bit surprising even to us, but possible. Why? Because the state of the market is in turmoil. Look at the chart to the right.

This is a Moody’s chart of commercial property overall in the United States but you get the picture. Beginning in mid-2007 commercial markets began to see reaction to the residential fallout. That reaction has been swift and decisive. Money is harder to get for refinances as well as new purchases and new developments.

Meanwhile Los Angeles County property taxes continue to rise as though nothing were happening with commercial property tax assessments.  The LA County  Assessor’s office has been very slow to react.  You, the commercial property owner, need help. All commercial property owners in Los Angeles County need to preserve their capital, and protect their bottom line. California property tax Associates (CAPTA) can help. We are the experts.

CAPTA Associates have been helping California property owners and specifically, Los Angeles County commercial property owners to reduce their assessments for over 20 years. We have fought aggressively to ensure that our clients pay only their fair share by utilizing every assessment reduction strategy allowed by law. We work entirely on a contingency basis. That means if you don’t save money, we don’t get paid. You never pay anything until you receive proof of a property tax savings, credit or refund.

Right now you have two choices. Do nothing and lose, or let us fight for you and win.  In our reduction we cited above our client saves $240,000 each year.  That is bottom-line profit otherwise lost to the state of California. Can you afford to lose that kind of money?

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You may call us now at (909) 867-5000 or simply fill out the form below and we will contact you directly.

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