By Homes by Marlyse
If you’re buying, selling, or already living in LA, property taxes are one of those topics that can feel confusing—until you’ve got the right guidance. We help our clients understand the real numbers behind their homeownership decisions, and property taxes are a key part of that conversation. In Los Angeles, the tax structure is shaped by both state law and local measures, so knowing what to expect upfront can help you plan wisely.
Here’s what you need to know about property taxes in Los Angeles and how they can affect your buying power and long-term costs.
Key Takeaways
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Property taxes are based on assessed value, not market value
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California’s Prop 13 keeps tax rates relatively low and stable
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Supplemental taxes may apply in your first year of ownership
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Local bonds and assessments can vary by neighborhood
How Property Taxes Are Calculated
The Basics of California’s Property Tax System
Los Angeles, like the rest of California, follows property tax rules established by Proposition 13.
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Property taxes are roughly 1% of the assessed value at time of purchase
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Assessed value is usually the purchase price—not current market value
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Annual increases are capped at 2% per year under Prop 13
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Supplemental taxes may apply after the first year, based on reassessment
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Taxes are paid in two installments, due in November and April
We always recommend reviewing the exact estimated taxes before finalizing any offer.
What Impacts Your Property Tax Bill
Factors That Can Make Your Bill Higher (or Lower)
While the base rate is consistent, there are local factors that can cause your total tax bill to vary.
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School district and municipal bonds added to your bill
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Mello-Roos or special assessments in newer developments
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Location within city vs. county unincorporated areas
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Property improvements that trigger reassessment
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Exemptions available for seniors, veterans, or certain income levels
We’ll help you evaluate total tax impact before you commit to a specific property.
What New Buyers Should Know
How to Plan for Supplemental Property Tax Bills in Los Angeles
New homeowners in LA sometimes get caught off guard by a higher-than-expected first-year bill due to supplemental taxes.
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These cover the difference between the previous owner’s taxes and your new assessed value
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They usually arrive separately from the regular tax bill
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It’s a one-time adjustment but should be budgeted for
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If you finance your home, your lender may or may not escrow this cost
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Timing of your closing date can influence how and when these arrive
We walk our clients through every expected tax cost, so there are no surprises after closing.
Frequently Asked Questions About Property Taxes in Los Angeles
How Much Are Property Taxes in Los Angeles?
They’re typically around 1.16% of the assessed value, though this varies slightly based on your location and added assessments.
Do Property Taxes Go Up Every Year?
Under Prop 13, annual increases are capped at 2%, but changes in ownership or improvements can reset the assessed value.
Can I Appeal My Property Tax Assessment?
Yes, if you believe your assessed value is too high. The LA County Assessor allows for formal appeals during a set period each year.
Contact Us Today for Help Navigating LA Real Estate
Understanding property taxes is just one part of buying or selling in Los Angeles—but it’s a big one. We make sure our clients see the full picture, so their decisions are clear, confident, and financially sound.
Reach out to us at Homes by Marlyse, and we’ll help you navigate LA’s housing market with expert insight—including the numbers that matter most.
Reach out to us at Homes by Marlyse, and we’ll help you navigate LA’s housing market with expert insight—including the numbers that matter most.
