What to Expect for Property Taxes in Los Angeles and Beverly Hills

What to Expect for Property Taxes in Los Angeles and Beverly Hills | Christophe Choo

As a buyer, one of the most important things to consider when purchasing a property in Beverly Hills or LA is the property taxes. In Los Angeles County, the property tax rate is approximately 1.25% of the purchase price. This means that if you were to buy a million-dollar home, you would pay about $12,500 in property taxes each year, split into two payments due on November 1st and February 1st. Additionally, the LA County Tax Assessor can adjust the tax rate based on fluctuations in the market. Overall, property taxes are an important consideration when purchasing a home in Los Angeles or Beverly Hills. Make sure to factor them into your budget and consult with a real estate professional for more information.

Christophe Choo is in the top 1% of brokers internationally with 33 years of experience as the President of the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury Real Estate in Beverly Hills. The #1 producing office in the United States for 24 years and the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear-down opportunities, and investment properties. Christophe was voted as the #1 Real Estate Video Influencer for North America in 2018.

Based in Beverly Hills, California, The Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: “Locally Known – Globally Connected”.

Search for luxury properties in your area, whether in the “Platinum Triangle” areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills, and Bel-Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo is the luxury Realtor that can help you achieve your selling or buying goals in Los Angeles.


Call or email me today! Christophe Choo 310-777-6342
The Christophe Choo Real Estate Group
Coldwell Banker Global Luxury
Beverly Hills Realtor | Luxury Real Estate Agent
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