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1554 Michael Ln; Los Angeles, CA Property Details

1554 Michael Ln, Los Angeles, CA is a Condominium that was built in 1979. This property is currently a cash purchase and is for sale. Our records show that 1554 Michael Ln has 3 bedrooms, and 3 bathrooms, and a total of 2,081 square feet. The lot size of 1554 Michael Ln is 400,413 square feet.

On Market for 23 days
1554 Michael Ln Pacific Palisades, CA 90272
$1,385,000 Listing Price
3 Beds
3 Baths
2,081 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $1,665,000
  • Gross Yield: 5.732%
  • APN: 4431-015-113
  • Situs County: Los Angeles
  • Length Of Ownership: 2 years, 9 months

Rooms

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

Structure

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

Measurements

  • Total: 2,081/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,081/SqFt
  • Building: 2,081/SqFt
  • Price Per Square Foot: $800.10

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 39
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: 31074
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2023
  • Heating: Central

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

1554 Michael Ln has no associated ownership info
1554 Michael Ln has no associated ownership info.

Taxes

1554 Michael Ln has 7 associated Taxes items

1554 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 $1,602,562. The APN we've located for 1554 Michael Ln is 4431-015-113.

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Taxes
  • Assessed Value:  $1,602,562
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-113
  • Assessed Land Value:  1123819
  • Tax Amount:  18841.74
  • Tax Year:  2025

Tax History

1554 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,602,562 Land Value $1,123,819 Improvement Value $478,743 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $18,841.74 Change Rate -0.070767% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $20,276.65 Change Rate +0.464887% Assessed CR Tax Rate
Year 2023 Assessed Value $1,135,592 Land Value $737,132 Improvement Value $398,460 Tax Amount $13,841.78 Change Rate +0.048748% Assessed CR Tax Rate +0.012189%
Year 2022 Assessed Value $1,113,327 Land Value $722,679 Improvement Value $390,648 Tax Amount $13,198.39 Change Rate +0.012902% Assessed CR Tax Rate +0.011855%
Year 2021 Assessed Value $1,091,498 Land Value $708,509 Improvement Value $382,989 Tax Amount $13,030.27 Change Rate -0.010113% Assessed CR Tax Rate +0.011938%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $13,163.39 Change Rate +0.041618% Assessed CR Tax Rate
Year 2019 Assessed Value $1,059,126 Land Value $687,496 Improvement Value $371,630 Tax Amount $12,637.45 Change Rate +0.005391% Assessed CR Tax Rate +0.011932%
Year 2018 Assessed Value $1,038,360 Land Value $674,016 Improvement Value $364,344 Tax Amount $12,569.69 Change Rate +0.900852% Assessed CR Tax Rate +0.012105%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $6,612.66 Change Rate +0.025203% Assessed CR Tax Rate
Year 2016 Assessed Value $524,145 Land Value $247,245 Improvement Value $276,900 Tax Amount $6,450.1 Change Rate +0.014633% Assessed CR Tax Rate +0.012306%
Year 2015 Assessed Value $516,273 Land Value $243,532 Improvement Value $272,741 Tax Amount $6,357.08 Change Rate -0.0042% Assessed CR Tax Rate +0.012313%
Year 2014 Assessed Value $506,161 Land Value $238,762 Improvement Value $267,399 Tax Amount $6,383.89 Change Rate Assessed CR Tax Rate +0.012612%