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1540 Michael Ln; Los Angeles, CA Property Details

1540 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 1540 Michael Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,983 square feet. The lot size of 1540 Michael Ln is 400,413 square feet.

Off market
1540 Michael Ln Pacific Palisades, CA 90272
$575,895 Estimated Value
3 Beds
3 Baths
1,983 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: $36,636
  • Open Loans / Balance: 1 / $205,180
  • APN: 4431-015-098
  • Situs County: Los Angeles
  • Length Of Ownership: 28 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 1,983/SqFt
  • Lot: 400,413/SqFt
  • Living: 1,983/SqFt
  • Building: 1,983/SqFt
  • Price Per Square Foot: $18.48

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 24
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.077793 / -118.56451
  • Subdivision: Michael Lane V
  • 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

1540 Michael Ln has no associated ownership info
1540 Michael Ln has no associated ownership info.

Taxes

1540 Michael Ln has 7 associated Taxes items

1540 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 $575,895. The APN we've located for 1540 Michael Ln is 4431-015-098.

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Taxes
  • Assessed Value:  $575,895
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-098
  • Assessed Land Value:  248591
  • Tax Amount:  6821.67
  • Tax Year:  2025

Tax History

1540 Michael Ln has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $575,895 Land Value $248,591 Improvement Value $327,304 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,821.67 Change Rate -0.055797% Assessed CR Tax Rate
Year 2024 Assessed Value $583,260 Land Value $265,487 Improvement Value $317,773 Tax Amount $7,224.79 Change Rate +0.019064% Assessed CR Tax Rate +0.012387%
Year 2023 Assessed Value $571,825 Land Value $260,282 Improvement Value $311,543 Tax Amount $7,089.63 Change Rate +0.047804% Assessed CR Tax Rate +0.012398%
Year 2022 Assessed Value $560,614 Land Value $255,179 Improvement Value $305,435 Tax Amount $6,766.18 Change Rate +0.014021% Assessed CR Tax Rate +0.012069%
Year 2021 Assessed Value $549,623 Land Value $250,176 Improvement Value $299,447 Tax Amount $6,672.62 Change Rate -0.009625% Assessed CR Tax Rate +0.01214%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $6,737.47 Change Rate +0.040755% Assessed CR Tax Rate
Year 2019 Assessed Value $533,322 Land Value $242,756 Improvement Value $290,566 Tax Amount $6,473.64 Change Rate +0.009166% Assessed CR Tax Rate +0.012138%
Year 2018 Assessed Value $522,866 Land Value $237,997 Improvement Value $284,869 Tax Amount $6,414.84 Change Rate +0.02192% Assessed CR Tax Rate +0.012269%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $6,277.24 Change Rate +0.02542% Assessed CR Tax Rate
Year 2016 Assessed Value $502,564 Land Value $228,756 Improvement Value $273,808 Tax Amount $6,121.63 Change Rate +0.014787% Assessed CR Tax Rate +0.012181%
Year 2015 Assessed Value $495,016 Land Value $225,320 Improvement Value $269,696 Tax Amount $6,032.43 Change Rate -0.004022% Assessed CR Tax Rate +0.012186%
Year 2014 Assessed Value $485,321 Land Value $220,907 Improvement Value $264,414 Tax Amount $6,056.79 Change Rate Assessed CR Tax Rate +0.01248%
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