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1588 Michael Ln; Los Angeles, CA Property Details

1588 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 1588 Michael Ln has 3 bedrooms, and 3 bathrooms, and a total of 2,081 square feet. The lot size of 1588 Michael Ln is 400,413 square feet.

Off market
1588 Michael Ln Pacific Palisades, CA 90272
$1,620,000 Listing Price
3 Beds
3 Baths
2,081 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $1,620,000
  • Open Loans / Balance: 1 / $691,257
  • APN: 4431-015-153
  • Situs County: Los Angeles
  • Length Of Ownership: 2 years

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: D
  • Roof Cover Type: Tile
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,081/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,081/SqFt
  • Building: 2,081/SqFt
  • Price Per Square Foot: $778.47

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 79
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: D / Undetermined Risk
  • School District: Los Angeles Unified School District
  • Lat / Lon: 34.078865 / -118.56444
  • Subdivision: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2026
  • 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

1588 Michael Ln has no associated ownership info
1588 Michael Ln has no associated ownership info.

Taxes

1588 Michael Ln has 7 associated Taxes items

1588 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 $1,590,601. The APN we've located for 1588 Michael Ln is 4431-015-153.

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Taxes
  • Assessed Value:  $1,590,601
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-153
  • Assessed Land Value:  439661
  • Tax Amount:  19438.21
  • Tax Year:  2025

Tax History

1588 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,590,601 Land Value $439,661 Improvement Value $1,150,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $19,438.21 Change Rate +0.163115% Assessed CR Tax Rate
Year 2024 Assessed Value $1,366,526 Land Value $960,097 Improvement Value $406,429 Tax Amount $16,712.2 Change Rate +0.019627% Assessed CR Tax Rate +0.01223%
Year 2023 Assessed Value $1,339,732 Land Value $941,272 Improvement Value $398,460 Tax Amount $16,390.51 Change Rate +0.048729% Assessed CR Tax Rate +0.012234%
Year 2022 Assessed Value $1,313,464 Land Value $922,816 Improvement Value $390,648 Tax Amount $15,628.93 Change Rate +0.012579% Assessed CR Tax Rate +0.011899%
Year 2021 Assessed Value $1,287,711 Land Value $904,722 Improvement Value $382,989 Tax Amount $15,434.77 Change Rate -0.010236% Assessed CR Tax Rate +0.011986%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $15,594.39 Change Rate +0.04159% Assessed CR Tax Rate
Year 2019 Assessed Value $1,249,519 Land Value $877,889 Improvement Value $371,630 Tax Amount $14,971.71 Change Rate +0.00466% Assessed CR Tax Rate +0.011982%
Year 2018 Assessed Value $1,225,020 Land Value $860,676 Improvement Value $364,344 Tax Amount $14,902.27 Change Rate +0.104418% Assessed CR Tax Rate +0.012165%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $13,493.33 Change Rate +0.054664% Assessed CR Tax Rate
Year 2016 Assessed Value $1,062,046 Land Value $734,084 Improvement Value $327,962 Tax Amount $12,793.96 Change Rate +0.162348% Assessed CR Tax Rate +0.012047%
Year 2015 Assessed Value $912,000 Land Value $630,000 Improvement Value $282,000 Tax Amount $11,007 Change Rate -0.022527% Assessed CR Tax Rate +0.012069%
Year 2014 Assessed Value $912,000 Land Value $630,000 Improvement Value $282,000 Tax Amount $11,260.67 Change Rate Assessed CR Tax Rate +0.012347%