What are the property taxes like around Loyola Marymount University?

What shows up on the bill

Los Angeles County says the annual secured property tax bill includes a general 1% tax levy calculated against the property’s net taxable value, plus voted indebtedness and any direct assessments such as sewer, water or fire district charges. Exemptions, if any, are deducted before the net taxable value is set.

• The county bill also shows the property address or legal description on record, the current assessed value and any less exemption amount.
• Direct assessments are not based on the assessor’s valuation.
• The county’s bill page is the official place to see these components for a parcel.

When the county bill is due

Los Angeles County says the annual secured property tax bill is mailed on or before November 1 each year. The first installment is due November 1 and becomes delinquent after December 10, and the second installment is due February 1 and becomes delinquent after April 10.

• Late first installments are subject to a 10% penalty.
• Late second installments are subject to a 10% penalty plus a $10 cost.
• An adjusted secured tax bill can be issued during the fiscal year if the assessed value, exemption, direct assessment or voted indebtedness changes.

How to verify a specific property near LMU

For a specific address near Loyola Marymount University, check the Los Angeles County Assessor and Tax Collector parcel record so you can see the assessed value, exemptions and direct assessments that determine the bill. The county’s property tax portal is the official source for the parcel-level details.

• Use the parcel’s Assessor’s Identification Number if you have it.
• Confirm whether any exemption is listed before estimating the bill.
• Check whether an adjusted secured property tax bill has been issued for the parcel.

Sources

1. Adjusted Annual Property Tax Bill Los Angeles County - Property Tax Portal ↗
2. Annual Secured Property Tax Bill Los Angeles County - Property Tax Portal ↗