[quote=bearishgurl][quote=CA renter]…I know an owner of an older, mid-sized apartment complex in LA, and their property taxes are less than $12,000/year![/quote]
Do you know how many units are in this complex and their approximate composition (ie 40-1br, 30-2 br and 16 3-br units)?
This would shed some light on the per-unit breakdown of that $12K tax bill.
Thx.[/quote]
BG,
It’s a ~24-unit building in a busy, expensive area near LA. Just checked, and their current tax bill is for ~$14,000, so it’s a bit higher than what I last heard, but still…
Not sure of the exact unit setup, but there are at least a few 3/2s, with probably half (or more) being 2/2s. The rest are 1/1s, and I’m not even sure if they have any studios. The property is probably worth a few million (~$3 million, probably more).
