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1518 Michael Ln; Los Angeles, CA Property Details

1518 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 1518 Michael Ln has 3 bedrooms, and 4 bathrooms, and a total of 2,435 square feet. The lot size of 1518 Michael Ln is 400,413 square feet.

Off market
1518 Michael Ln Pacific Palisades, CA 90272
$1,425,000 Listing Price
3 Beds
4 Baths
2,435 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1979
  • Purchase Price: $1,420,000
  • Open Loans / Balance: 2 / $1,181,177
  • APN: 4431-015-092
  • Situs County: Los Angeles
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 6

Structure

  • Building Style: Wood
  • Stories: 3
  • Exterior Wall Type: Stucco
  • Building Condition: Excellent
  • Building Quality: D
  • Roof Cover Type: Tile
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,435/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,435/SqFt
  • Building: 2,435/SqFt
  • Price Per Square Foot: $583.16

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 18
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.07853 / -118.564285
  • Subdivision: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2021
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

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

1518 Michael Ln has no associated ownership info
1518 Michael Ln has no associated ownership info.

Taxes

1518 Michael Ln has 7 associated Taxes items

1518 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 $1,465,985. The APN we've located for 1518 Michael Ln is 4431-015-092.

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Taxes
  • Assessed Value:  $1,465,985
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-092
  • Assessed Land Value:  1022034
  • Tax Amount:  17258.62
  • Tax Year:  2025

Tax History

1518 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,465,985 Land Value $1,022,034 Improvement Value $443,951 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $17,258.62 Change Rate -0.071691% Assessed CR Tax Rate
Year 2024 Assessed Value $1,522,522 Land Value $1,091,499 Improvement Value $431,023 Tax Amount $18,591.46 Change Rate +0.01968% Assessed CR Tax Rate +0.012211%
Year 2023 Assessed Value $1,492,670 Land Value $1,070,098 Improvement Value $422,572 Tax Amount $18,232.64 Change Rate +0.048823% Assessed CR Tax Rate +0.012215%
Year 2022 Assessed Value $1,463,403 Land Value $1,049,116 Improvement Value $414,287 Tax Amount $17,383.9 Change Rate +0.012634% Assessed CR Tax Rate +0.011879%
Year 2021 Assessed Value $1,434,710 Land Value $1,028,546 Improvement Value $406,164 Tax Amount $17,167.02 Change Rate -0.010252% Assessed CR Tax Rate +0.011965%
Year 2020 Assessed Value $1,420,000 Land Value $1,018,000 Improvement Value $402,000 Tax Amount $17,344.84 Change Rate +0.266868% Assessed CR Tax Rate +0.012215%
Year 2019 Assessed Value $1,147,094 Land Value $818,899 Improvement Value $328,195 Tax Amount $13,691.12 Change Rate +0.00511% Assessed CR Tax Rate +0.011935%
Year 2018 Assessed Value $1,124,603 Land Value $802,843 Improvement Value $321,760 Tax Amount $13,621.51 Change Rate +0.022254% Assessed CR Tax Rate +0.012112%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $13,324.97 Change Rate +0.023599% Assessed CR Tax Rate
Year 2016 Assessed Value $1,080,934 Land Value $771,668 Improvement Value $309,266 Tax Amount $13,017.77 Change Rate +0.014964% Assessed CR Tax Rate +0.012043%
Year 2015 Assessed Value $1,064,698 Land Value $760,077 Improvement Value $304,621 Tax Amount $12,825.84 Change Rate -0.003126% Assessed CR Tax Rate +0.012046%
Year 2014 Assessed Value $1,043,843 Land Value $745,189 Improvement Value $298,654 Tax Amount $12,866.06 Change Rate Assessed CR Tax Rate +0.012326%