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1587 Michael Ln; Los Angeles, CA Property Details

1587 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 1587 Michael Ln has 2 bedrooms, and 3 bathrooms, and a total of 1,926 square feet. The lot size of 1587 Michael Ln is 333,400 square feet.

Off market
1587 Michael Ln Pacific Palisades, CA 90272
$705,451 Estimated Value
2 Beds
3 Baths
1,926 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1977
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $184,906
  • APN: 4431-015-044
  • Situs County: Los Angeles
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Wood
  • Building Quality: C
  • Pool Type: Yes

Measurements

  • Total: 1,926/SqFt
  • Lot: 333,400/SqFt
  • Living: 1,926/SqFt
  • Building: 1,926/SqFt
  • Price Per Square Foot: $259.61

Legal Description

  • Description: *TR=31074 LOT 2 CONDOMINIUM*UNIT 41
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.0781 / -118.565445
  • Subdivision: Highland Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Pool: true
  • Plus Four: 2025
  • 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

1587 Michael Ln has no associated ownership info
1587 Michael Ln has no associated ownership info.

Taxes

1587 Michael Ln has 7 associated Taxes items

1587 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 $705,451. The APN we've located for 1587 Michael Ln is 4431-015-044.

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Taxes
  • Assessed Value:  $705,451
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-044
  • Assessed Land Value:  490717
  • Tax Amount:  8671.68
  • Tax Year:  2025

Tax History

1587 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $705,451 Land Value $490,717 Improvement Value $214,734 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,671.68 Change Rate -0.07321% Assessed CR Tax Rate
Year 2024 Assessed Value $753,397 Land Value $524,069 Improvement Value $229,328 Tax Amount $9,356.68 Change Rate +0.019135% Assessed CR Tax Rate +0.012419%
Year 2023 Assessed Value $738,626 Land Value $513,794 Improvement Value $224,832 Tax Amount $9,181 Change Rate +0.047989% Assessed CR Tax Rate +0.01243%
Year 2022 Assessed Value $724,144 Land Value $503,720 Improvement Value $220,424 Tax Amount $8,760.59 Change Rate +0.013216% Assessed CR Tax Rate +0.012098%
Year 2021 Assessed Value $709,946 Land Value $493,844 Improvement Value $216,102 Tax Amount $8,646.32 Change Rate -0.009949% Assessed CR Tax Rate +0.012179%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $8,733.21 Change Rate +0.040903% Assessed CR Tax Rate
Year 2019 Assessed Value $688,892 Land Value $479,198 Improvement Value $209,694 Tax Amount $8,390.03 Change Rate +0.007888% Assessed CR Tax Rate +0.012179%
Year 2018 Assessed Value $675,385 Land Value $469,802 Improvement Value $205,583 Tax Amount $8,324.37 Change Rate +0.021864% Assessed CR Tax Rate +0.012325%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $8,146.26 Change Rate +0.024079% Assessed CR Tax Rate
Year 2016 Assessed Value $649,160 Land Value $451,560 Improvement Value $197,600 Tax Amount $7,954.72 Change Rate +0.014699% Assessed CR Tax Rate +0.012254%
Year 2015 Assessed Value $639,410 Land Value $444,778 Improvement Value $194,632 Tax Amount $7,839.49 Change Rate -0.003844% Assessed CR Tax Rate +0.012261%
Year 2014 Assessed Value $626,886 Land Value $436,066 Improvement Value $190,820 Tax Amount $7,869.74 Change Rate Assessed CR Tax Rate +0.012554%