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1541 Michael Ln; Los Angeles, CA Property Details

1541 Michael Ln, Los Angeles, CA is a Condominium that was built in 1977. This property is currently Financed and is not for sale. Our records show that 1541 Michael Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,857 square feet. The lot size of 1541 Michael Ln is 333,400 square feet.

Off market
1541 Michael Ln Pacific Palisades, CA 90272
$1,560,000 Listing Price
3 Beds
3 Baths
1,857 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1977
  • Purchase Price: $1,560,000
  • Open Loans / Balance: 2 / $1,015,118
  • APN: 4431-015-067
  • Situs County: Los Angeles
  • Length Of Ownership: 8 years, 5 months

Rooms

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

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Excellent
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Tile
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,857/SqFt
  • Lot: 333,400/SqFt
  • Living: 1,857/SqFt
  • Building: 1,857/SqFt
  • Price Per Square Foot: $840.06

Legal Description

  • Description: *TR=31074 LOT 2 CONDOMINIUM*UNIT 64
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.077652 / -118.56609
  • Subdivision: 31074
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Pool: true
  • Plus Four: 2022
  • Fireplaces: 1
  • Garage: 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: Michael Lane Villas
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Palisades Drive Recreation Association
  • H O A Two Type: Condo Owner Association

Ownership Info

1541 Michael Ln has no associated ownership info
1541 Michael Ln has no associated ownership info.

Taxes

1541 Michael Ln has 7 associated Taxes items

1541 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 $1,743,520. The APN we've located for 1541 Michael Ln is 4431-015-067.

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Taxes
  • Assessed Value:  $1,743,520
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-067
  • Assessed Land Value:  488837
  • Tax Amount:  20421.42
  • Tax Year:  2025

Tax History

1541 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,743,520 Land Value $488,837 Improvement Value $1,254,683 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $20,421.42 Change Rate -0.032465% Assessed CR Tax Rate
Year 2024 Assessed Value $1,740,205 Land Value $522,061 Improvement Value $1,218,144 Tax Amount $21,106.65 Change Rate +0.019842% Assessed CR Tax Rate +0.012129%
Year 2023 Assessed Value $1,706,084 Land Value $511,825 Improvement Value $1,194,259 Tax Amount $20,696.01 Change Rate +0.049004% Assessed CR Tax Rate +0.012131%
Year 2022 Assessed Value $1,672,633 Land Value $501,790 Improvement Value $1,170,843 Tax Amount $19,729.2 Change Rate +0.012372% Assessed CR Tax Rate +0.011795%
Year 2021 Assessed Value $1,639,837 Land Value $491,951 Improvement Value $1,147,886 Tax Amount $19,488.1 Change Rate -0.010285% Assessed CR Tax Rate +0.011884%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $19,690.62 Change Rate +0.041864% Assessed CR Tax Rate
Year 2019 Assessed Value $1,591,200 Land Value $477,360 Improvement Value $1,113,840 Tax Amount $18,899.41 Change Rate +0.432671% Assessed CR Tax Rate +0.011877%
Year 2018 Assessed Value $1,082,671 Land Value $796,952 Improvement Value $285,719 Tax Amount $13,191.73 Change Rate +0.022135% Assessed CR Tax Rate +0.012184%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $12,906.06 Change Rate +0.022867% Assessed CR Tax Rate
Year 2016 Assessed Value $1,040,631 Land Value $766,006 Improvement Value $274,625 Tax Amount $12,617.54 Change Rate +0.877099% Assessed CR Tax Rate +0.012125%
Year 2015 Assessed Value $552,892 Land Value $335,886 Improvement Value $217,006 Tax Amount $6,721.83 Change Rate -0.00385% Assessed CR Tax Rate +0.012158%
Year 2014 Assessed Value $542,063 Land Value $329,307 Improvement Value $212,756 Tax Amount $6,747.81 Change Rate Assessed CR Tax Rate +0.012448%