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1516 Michael Ln; Los Angeles, CA Property Details

1516 Michael Ln, Los Angeles, CA is a Condominium that was built in 1979. This property is currently Financed and is not for sale. Our records show that 1516 Michael Ln has 3 bedrooms, and 4 bathrooms, and a total of 2,467 square feet. The lot size of 1516 Michael Ln is 400,413 square feet.

Off market
1516 Michael Ln Pacific Palisades, CA 90272
$990,284 Estimated Value
3 Beds
4 Baths
2,467 SqFt
Property Type
Condominium
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $815,008
  • Open Loans / Balance: 1 / $418,211
  • APN: 4431-015-093
  • Situs County: Los Angeles
  • Length Of Ownership: 16 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Building Style: Wood
  • Exterior Wall Type: Stucco
  • Building Condition: Excellent
  • Building Quality: D

Measurements

  • Total: 2,467/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,467/SqFt
  • Building: 2,467/SqFt
  • Price Per Square Foot: $330.36

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 19
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.077602 / -118.56466
  • Subdivision: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2021
  • Heating: Central

HOA

  • H O A One: $820
  • H O A Amount: $820
  • H O A One Frequency: Monthly
  • H O A One Name: Palisades Drive Recreation Association
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Michael Lane Villas
  • H O A Two Type: Condo Owner Association

Ownership Info

1516 Michael Ln has no associated ownership info
1516 Michael Ln has no associated ownership info.

Taxes

1516 Michael Ln has 7 associated Taxes items

1516 Michael Ln, Los Angeles, CA pays taxes in Los Angeles County, CA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $990,284. The APN we've located for 1516 Michael Ln is 4431-015-093.

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Taxes
  • Assessed Value:  $990,284
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-093
  • Assessed Land Value:  640980
  • Tax Amount:  11654.81
  • Tax Year:  2025

Tax History

1516 Michael Ln has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $990,284 Land Value $640,980 Improvement Value $349,304 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $11,654.81 Change Rate -0.070693% Assessed CR Tax Rate
Year 2024 Assessed Value $1,023,677 Land Value $684,546 Improvement Value $339,131 Tax Amount $12,541.4 Change Rate +0.019512% Assessed CR Tax Rate +0.012251%
Year 2023 Assessed Value $1,003,606 Land Value $671,124 Improvement Value $332,482 Tax Amount $12,301.37 Change Rate +0.048495% Assessed CR Tax Rate +0.012257%
Year 2022 Assessed Value $983,928 Land Value $657,965 Improvement Value $325,963 Tax Amount $11,732.41 Change Rate +0.01328% Assessed CR Tax Rate +0.011924%
Year 2021 Assessed Value $964,636 Land Value $645,064 Improvement Value $319,572 Tax Amount $11,578.64 Change Rate -0.009982% Assessed CR Tax Rate +0.012003%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $11,695.38 Change Rate +0.041367% Assessed CR Tax Rate
Year 2019 Assessed Value $936,027 Land Value $625,932 Improvement Value $310,095 Tax Amount $11,230.8 Change Rate +0.00592% Assessed CR Tax Rate +0.011998%
Year 2018 Assessed Value $917,674 Land Value $613,659 Improvement Value $304,015 Tax Amount $11,164.71 Change Rate +0.022144% Assessed CR Tax Rate +0.012166%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $10,922.83 Change Rate +0.02418% Assessed CR Tax Rate
Year 2016 Assessed Value $882,041 Land Value $589,831 Improvement Value $292,210 Tax Amount $10,664.95 Change Rate +0.014901% Assessed CR Tax Rate +0.012091%
Year 2015 Assessed Value $868,793 Land Value $580,972 Improvement Value $287,821 Tax Amount $10,508.36 Change Rate -0.003296% Assessed CR Tax Rate +0.012095%
Year 2014 Assessed Value $851,775 Land Value $569,592 Improvement Value $282,183 Tax Amount $10,543.11 Change Rate Assessed CR Tax Rate +0.012378%
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