Large Location Icon

1602 Michael Ln; Los Angeles, CA Property Details

1602 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 1602 Michael Ln has 3 bedrooms, and 4 bathrooms, and a total of 2,435 square feet. The lot size of 1602 Michael Ln is 400,413 square feet.

Off market
1602 Michael Ln Pacific Palisades, CA 90272
$1,400,000 Listing Price
3 Beds
4 Baths
2,435 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $1,400,000
  • Open Loans / Balance: 1 / $1,115,692
  • APN: 4431-015-162
  • Situs County: Los Angeles
  • Length Of Ownership: 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 4

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: 2,435/SqFt
  • Lot: 400,413/SqFt
  • Living: 2,435/SqFt
  • Building: 2,435/SqFt
  • Price Per Square Foot: $574.95

Legal Description

  • Description: *TR=31074 LOT 1 CONDOMINIUM*UNIT 88
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: Michael Lane Villas
  • Property Class: Residential
  • Zoning: LARD3
  • County Use Code: 010C

Amenities

  • Plus Four: 2027
  • Cooling: Central
  • 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

1602 Michael Ln has no associated ownership info
1602 Michael Ln has no associated ownership info.

Taxes

1602 Michael Ln has 7 associated Taxes items

1602 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 $953,235. The APN we've located for 1602 Michael Ln is 4431-015-162.

Unlock the full report
Taxes
  • Assessed Value:  $953,235
  • Assessed Year:  2026
  • Assessed County:  Los Angeles
  • APN:  4431-015-162
  • Assessed Land Value:  623340
  • Tax Amount:  11206.57
  • Tax Year:  2025

Tax History

1602 Michael Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $953,235 Land Value $623,340 Improvement Value $329,895 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $11,206.57 Change Rate -0.071598% Assessed CR Tax Rate
Year 2024 Assessed Value $985,995 Land Value $665,706 Improvement Value $320,289 Tax Amount $12,070.81 Change Rate +0.019516% Assessed CR Tax Rate +0.012242%
Year 2023 Assessed Value $966,662 Land Value $652,653 Improvement Value $314,009 Tax Amount $11,839.74 Change Rate +0.048528% Assessed CR Tax Rate +0.012248%
Year 2022 Assessed Value $947,708 Land Value $639,856 Improvement Value $307,852 Tax Amount $11,291.77 Change Rate +0.013344% Assessed CR Tax Rate +0.011915%
Year 2021 Assessed Value $929,126 Land Value $627,310 Improvement Value $301,816 Tax Amount $11,143.08 Change Rate -0.009977% Assessed CR Tax Rate +0.011993%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $11,255.37 Change Rate +0.041396% Assessed CR Tax Rate
Year 2019 Assessed Value $901,569 Land Value $608,704 Improvement Value $292,865 Tax Amount $10,807.96 Change Rate +0.006094% Assessed CR Tax Rate +0.011988%
Year 2018 Assessed Value $883,892 Land Value $596,769 Improvement Value $287,123 Tax Amount $10,742.49 Change Rate +0.022167% Assessed CR Tax Rate +0.012154%
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $10,509.53 Change Rate +0.024294% Assessed CR Tax Rate
Year 2016 Assessed Value $849,572 Land Value $573,597 Improvement Value $275,975 Tax Amount $10,260.27 Change Rate +0.01492% Assessed CR Tax Rate +0.012077%
Year 2015 Assessed Value $836,812 Land Value $564,982 Improvement Value $271,830 Tax Amount $10,109.44 Change Rate -0.00334% Assessed CR Tax Rate +0.012081%
Year 2014 Assessed Value $820,421 Land Value $553,915 Improvement Value $266,506 Tax Amount $10,143.32 Change Rate Assessed CR Tax Rate +0.012364%