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1542 Michael Ln; Los Angeles, CA Property Details

1542 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 1542 Michael Ln has 3 bedrooms, and 4 bathrooms, and a total of 2,467 square feet. The lot size of 1542 Michael Ln is 400,413 square feet.

Off market
1542 Michael Ln Pacific Palisades, CA 90272
$892,343 Estimated Value
3 Beds
4 Baths
2,467 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $450,000
  • Open Loans / Balance: 1 / $328,659
  • APN: 4431-015-108
  • Situs County: Los Angeles
  • Length Of Ownership: 27 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 2,467/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,467/SqFt
  • Building: 2,467/SqFt
  • Price Per Square Foot: $182.41

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 34
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.077965 / -118.564285
  • Subdivision: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2023
  • 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

1542 Michael Ln has no associated ownership info
1542 Michael Ln has no associated ownership info.

Taxes

1542 Michael Ln has 7 associated Taxes items

1542 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 $892,343. The APN we've located for 1542 Michael Ln is 4431-015-108.

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Taxes
  • Assessed Value:  $892,343
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-108
  • Assessed Land Value:  652628
  • Tax Amount:  10498.36
  • Tax Year:  2025

Tax History

1542 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $892,343 Land Value $652,628 Improvement Value $239,715 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $10,498.36 Change Rate -0.078918% Assessed CR Tax Rate
Year 2024 Assessed Value $929,718 Land Value $696,984 Improvement Value $232,734 Tax Amount $11,397.85 Change Rate +0.019468% Assessed CR Tax Rate +0.012259%
Year 2023 Assessed Value $911,489 Land Value $683,318 Improvement Value $228,171 Tax Amount $11,180.19 Change Rate +0.048454% Assessed CR Tax Rate +0.012266%
Year 2022 Assessed Value $893,618 Land Value $669,920 Improvement Value $223,698 Tax Amount $10,663.5 Change Rate +0.013468% Assessed CR Tax Rate +0.011933%
Year 2021 Assessed Value $876,097 Land Value $656,785 Improvement Value $219,312 Tax Amount $10,521.79 Change Rate -0.009934% Assessed CR Tax Rate +0.01201%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $10,627.36 Change Rate +0.041326% Assessed CR Tax Rate
Year 2019 Assessed Value $850,113 Land Value $637,305 Improvement Value $212,808 Tax Amount $10,205.6 Change Rate +0.006373% Assessed CR Tax Rate +0.012005%
Year 2018 Assessed Value $833,445 Land Value $624,809 Improvement Value $208,636 Tax Amount $10,140.97 Change Rate +0.022138% Assessed CR Tax Rate +0.012168%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $9,921.33 Change Rate +0.024535% Assessed CR Tax Rate
Year 2016 Assessed Value $801,084 Land Value $600,548 Improvement Value $200,536 Tax Amount $9,683.74 Change Rate +0.014905% Assessed CR Tax Rate +0.012088%
Year 2015 Assessed Value $789,052 Land Value $591,528 Improvement Value $197,524 Tax Amount $9,541.52 Change Rate -0.003398% Assessed CR Tax Rate +0.012092%
Year 2014 Assessed Value $773,596 Land Value $579,941 Improvement Value $193,655 Tax Amount $9,574.05 Change Rate Assessed CR Tax Rate +0.012376%