Large Location Icon

1575 Michael Ln; Los Angeles, CA Property Details

1575 Michael Ln, Los Angeles, CA is a Condominium that was built in 1977. This property is currently Financed and is for sale. Our records show that 1575 Michael Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,857 square feet. The lot size of 1575 Michael Ln is 333,400 square feet.

On Market for 9 days
1575 Michael Ln Pacific Palisades, CA 90272
$1,799,000 Listing Price
3 Beds
3 Baths
1,857 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $1,370,000
  • Open Loans / Balance: 2 / $1,255,329
  • Gross Yield: 3.832%
  • APN: 4431-015-050
  • Situs County: Los Angeles
  • Length Of Ownership: 7 years, 2 months

Rooms

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

Structure

  • Building Style: Wood
  • Stories: 3
  • Exterior Wall Type: Stucco
  • Building Condition: Good
  • 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: $737.75

Legal Description

  • Description: *TR=31074 LOT 2 CONDOMINIUM*UNIT 47
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.079044 / -118.56536
  • Subdivision: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Pool: true
  • Plus Four: 2025
  • 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

1575 Michael Ln has no associated ownership info
1575 Michael Ln has no associated ownership info.

Taxes

1575 Michael Ln has 7 associated Taxes items

1575 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 $1,432,421. The APN we've located for 1575 Michael Ln is 4431-015-050.

Unlock the full report
Taxes
  • Assessed Value:  $1,432,421
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-050
  • Assessed Land Value:  1108118
  • Tax Amount:  16866.72
  • Tax Year:  2025

Tax History

1575 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,432,421 Land Value $1,108,118 Improvement Value $324,303 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $16,866.72 Change Rate -0.076913% Assessed CR Tax Rate
Year 2024 Assessed Value $1,498,291 Land Value $1,183,432 Improvement Value $314,859 Tax Amount $18,272.08 Change Rate +0.019703% Assessed CR Tax Rate +0.012195%
Year 2023 Assessed Value $1,468,914 Land Value $1,160,228 Improvement Value $308,686 Tax Amount $17,919.03 Change Rate +0.048854% Assessed CR Tax Rate +0.012199%
Year 2022 Assessed Value $1,440,113 Land Value $1,137,479 Improvement Value $302,634 Tax Amount $17,084.39 Change Rate +0.012408% Assessed CR Tax Rate +0.011863%
Year 2021 Assessed Value $1,411,876 Land Value $1,115,176 Improvement Value $296,700 Tax Amount $16,875.01 Change Rate -0.010294% Assessed CR Tax Rate +0.011952%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $17,050.53 Change Rate +0.071055% Assessed CR Tax Rate
Year 2019 Assessed Value $1,331,815 Land Value $907,332 Improvement Value $424,483 Tax Amount $15,919.38 Change Rate +0.004824% Assessed CR Tax Rate +0.011953%
Year 2018 Assessed Value $1,305,702 Land Value $889,542 Improvement Value $416,160 Tax Amount $15,842.95 Change Rate +0.022234% Assessed CR Tax Rate +0.012134%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $15,498.36 Change Rate +0.399958% Assessed CR Tax Rate
Year 2016 Assessed Value $919,207 Land Value $656,065 Improvement Value $263,142 Tax Amount $11,070.59 Change Rate +0.014962% Assessed CR Tax Rate +0.012044%
Year 2015 Assessed Value $905,401 Land Value $646,211 Improvement Value $259,190 Tax Amount $10,907.39 Change Rate +0.225562% Assessed CR Tax Rate +0.012047%
Year 2014 Assessed Value $720,000 Land Value $500,000 Improvement Value $220,000 Tax Amount $8,899.91 Change Rate Assessed CR Tax Rate +0.012361%