Following what has been an unpredictable and volatile year for the local real estate market, Los Angeles County Assessor Jeff Prang has announced that the 2023 Assessment Roll has increased by 5.91% over last year, marking 13 years of continuous growth.
After what can be characterized as a tumultuous year in the real estate market, Los Angeles County Assessor Jeff Prang announced the May 15 forecast for the 2023 Assessment Roll. Prang reported to the Los Angeles Count Board of Supervisors that taxable property values are anticipated to increase approximately 5% over 2022, marking 13 years of continuous growth.
West Island homeowners have until April 30 to submit a request for an adjustment to or a review of the valuations in the property assessment roll for 2023-24-25.